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Pebblebrook Hotel Trust (NYSE:PEB) was added as new best idea short at Hedgeye with the potential for the hotel REIT to see 20% downside from current levels. Pebblebrook (PEB) is likely to see margin pressure as the industry deals with higher labor costs and cost inflation, according to Hedge...
Pebblebrook Hotel Trust (NYSE:PEB) acquired the AAA Four Diamond 257-room Gurney's Newport Resort & Marina in Newport, Rhode Island for $174M. Pebblebrook funded the acquisition with cash on hand and proceeds from its senior unsecured revolving credit facilit...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on June 23, 2022, it acquired the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina (“Gurney’s Newport”) in Newport, Rhode Island for $174.0 million. Gurne...
The sell-off deepened across U.S. equity markets this week after the Fed announced aggressive measures to combat persistent inflation, sending equities plunging to their lowest levels since the initial vaccine approvals. Now having declined in ten of the past eleven weeks, the S&P...
Pebblebrook Hotel (NYSE:PEB) shares are dipping nearly 3% in Friday morning trading, as its operating metrics softened a bit in May vs. April, though business transient travel increased. For instance, its occupancy rate was 66% in May compared with 68% in April given "typical s...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ending June 30, 2022 on Tuesday, July 26, 2022, after the market closes. The Company will conduct its quarterly conference call on We...
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 July 15, 2022 to shareholders of record as...
On June 14, 2022, Pebblebrook Hotel Trust (the “Company”) reminded shareholders that the vote on Proposal 3: Advisory Vote on the Compensation of Our Named Executive Officers (“Proposal 3”) will be held when the 2022 Annual Meeting of Shareholders (the ȁ...
The hotel industry is doing well as the economy reopens. In May, hotel companies like Marriott, Hilton, and Wyndham published strong quarterly results and forward guidance. One way to benefit from this hotel supercycle is through hotel REITs. These are companies that own buildings t...
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...
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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...