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It's hard to understate the coronavirus pandemic's impact on the world. Not only is COVID still a lingering concern, but entire industries have been upended. One of the hardest hit has been travel, including hotels that house vacation-goers and business people when they're away from home. ...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the year and quarter ended December 31, 2021 on Tuesday, February 22, 2022, after the market closes. The Company will conduct its quarterly confe...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the following tax treatment of the 2021 distributions to holders of the Company’s common and preferred shares. For shareholders with shares held through a bank, broker or nominee, questions rega...
It's been a 'Tale of Two Americas' of late for the hotel industry. Several markets and categories continue to report severely depressed demand while others are seeing record-high occupancy rates. In a twist of fate, after posting dramatic gains during the vaccine development stages, h...
U.S. equity markets rebounded to fresh record-highs heading into the Christmas holiday after governments in the U.S. and U.K. showed restraint in instituting more severe economic restrictions amid the recent COVID reacceleration. Bouncing back from an Omicron-driven sell-off and endin...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 18, 2022 to shareholders of record...
After being slammed by the COVID-19 pandemic, some investors would have been right to worry over the future of Pebblebrook Hotel Trust. Fortunately, the worst is behind Pebblebrook and management is demonstrating attractive financial performance. A full recovery is still a ways of...
Pebblebrook Hotel Trust (NYSE:PEB) reaches agreements with its lenders that stretches out its debt maturities and increases its the amount it can spend on new acquisitions. The company's banks and lending partners also waived all existing financial covenants through the end of Q1 2023. With t...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it has successfully extended more than $1.0 billion of current debt maturities. The Company also reached agreements with its banks and lending partners to increase its acquisition capacity and flexibi...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the AAA Four Diamond 210-room Estancia La Jolla Hotel & Spa (“Estancia”) in La Jolla, California for $108 million. The Company retained Noble House Hotels & Resorts (...
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Pebblebrook Hotel Trust (NYSE: PEB): “Second quarter demand was in line with our expectations, with healthy business group, transient and leisure boosting the urban markets, and strong weekday and weekend demand positively affecting our resort portfolio. Our recently redeveloped and re...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that four of its high quality, upper-upscale and luxury hotels and resorts, were featured in Travel + Leisure’s 2024 World’s Best Awards, winning five awards in total. “We’re extremel...
2024-07-03 18:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...