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Ryman Hospitality Properties is undergoing a couple of big changes that warrant the attention of its investors. Though complicated, the deals are focused on optimizing value for shareholders. At present, shares look cheap, but this also requires appropriate context. For furt...
1 Hotel San Francisco is Now Open PR Newswire The Property is the Brand's Seventh Location Globally SAN FRANCISCO , June 2, 2022 /PRNewswire/ -- 1 Hotels, the luxury lifestyle hotel brand inspired by nature, today announced the opening of 1 Hotel ...
U.S. equity markets delivered broad-based this week- snapping a dismal skid of seven straight weekly declines - following solid retail and housing earnings results and inflation data showing signs of peaking price pressures. Climbing out of "bear-market" territory with its best weekly...
Pebblebrook Hotel (NYSE:PEB) same-store occupancy for April rose to 68% from 62% in March, reaching its highest level since the beginning of the pandemic, as business travel continues to recover, according to the REIT's monthly operating update. Still, "June is seeing a reacceleration in the ...
Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Income Fund (the “Fund”) declined 2.89% (Institutional Shares) in the first quarter of 20...
March’s REIT recovery was short-lived, as the REIT sector plunged -5.85% in April. Large cap (-3.30%) and mid-cap (-5.39%) REITs outperformed, whereas small caps (-7.37%) and micro caps (-9.20%) suffered deeper April losses. Only 19.88% of REIT securities had a positive tot...
Pebblebrook Hotel Trust (NYSE:PEB) on Thursday revised its Q2 guidance to reflect the $156M acquisition of the Inn on Fifth in Naples, Florida. PEB expects Q2 adj. EBITDAre to be $108.5M-$118.5M vs. prior outlook of $107.5M-$117.5M. Q2 adj. FFO per share is projected to be $0.56-$0....
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the AAA Four Diamond 119-room Inn on Fifth in Naples, Florida for $156.0 million on May 11, 2022. As previously announced, the Company retained Noble House Hotels & Resorts (“No...
Park Hotels & Resorts has seen some impressive results lately, especially in early 2022. Occupancy rates are on the rise and its revenue and cash flow picture continues to improve as a result. PK stock still makes for an attractive opportunity for investors to explore since th...
Business travel has been a persistent sore spot for hotels and airlines throughout the pandemic. However, Baird is now betting that the trend is beginning to turn as travel emerges from a long COVID-induced winter. “Large technology, financial services firms have begun their return to ...
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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...