Pebblebrook Hotel Trust

Pebblebrook Hotel Trust is a real estate investment trust, engages in investments and acquisitions in hotel properties. Its hotels are located in markets like Atlanta, Georgia, Boston, Massachusetts, Chicago, Illinois, Key West, Miami and Naples, Florida, Los Angeles, San Diego and San Francisco, California, Nashville, Tennessee, New York, New York, Philadelphia, Pennsylvania, Portland, Oregon, and Seattle, Washington. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pebblebrook Hotel Trust (PEB) reports stellar Q4 performance and strategic growth outlook

Pebblebrook Hotel Trust (PEB) delivered stellar financial results in Q4 2022, showcasing robust growth and strategic portfolio transformation. While facing challenges from severe weather and post-pandemic uncertainties, the company remains focused on capital improvements and maximizing shareholder value. With opportunities in strategic redevelopment and strong demand trends in key markets, Pebblebrook is poised for continued success.

Pebblebrook Hotel Trust surpasses Q1 expectations amidst market challenges

Pebblebrook Hotel Trust delivered strong financial performance in Q1 2023, driven by revenue growth and strategic investments. Despite cost pressures and market-specific challenges, the company remains optimistic about demand recovery and asset sales opportunities in urban markets.

Pebblebrook Hotel Trust surpasses earnings expectations, eyes international travel rebound

Pebblebrook Hotel Trust delivered strong financial performance, exceeding expectations and demonstrating resilience in key markets. Challenges like weather impacts and shareholder orientation were noted, alongside opportunities in low supply growth and international travel recovery.
The company's strategic strengths include market share gains, successful redevelopments, and ongoing efforts to enhance property value. With a focus on revenue growth and cost management, Pebblebrook remains well-positioned for future growth.
Despite challenges in transaction volumes and international travel, Pebblebrook's proactive approach to acquisitions and market positioning offers promising opportunities for continued success. The company's focus on margin improvement and strategic investments bodes well for long-term performance.

Pebblebrook Hotel Trust surpasses Q3 expectations amidst industry challenges

Pebblebrook Hotel Trust navigated challenges in Q3 to achieve strong performance in urban markets, driven by effective cost management. With a focus on strategic capital allocation and revenue-enhancing investments, the company is poised for growth despite industry headwinds.

Pebblebrook Hotel Trust exceeds Q4 expectations, eyes urban market growth

Pebblebrook Hotel Trust's Q4 2023 showcased strong financial performance and positive market positioning. Despite challenges, the company remains focused on growth opportunities and enhancing portfolio quality. Strategic initiatives and a focus on major urban markets drive confidence in future performance.

Pebblebrook Hotel Trust surpasses Q1 expectations amidst industry challenges

Pebblebrook Hotel Trust delivered strong Q1 results, outperforming industry peers despite challenges. The company's focus on efficiency, sustainability, and strategic investments positions it well for future growth. While cautious about macroeconomic uncertainties and transaction challenges, Pebblebrook remains active and adaptive in the market.

Pebblebrook Hotel Trust reports resilient Q3 performance amidst challenges

Pebblebrook Hotel Trust demonstrated resilience in Q3 despite challenges.
Strong performance in key markets and efficiency efforts drove positive outcomes.
Challenges from storms and brand transition are being managed strategically.
Opportunities exist for growth and cost savings in the current operational landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apple Hospitality REIT

Hersha Hospitality Trust Class A

Summit Hotel Properties

Park Hotels & Resorts

Have you ever considered buying a hotel? What if you could buy a share in a lot of hotels?

Investing in Hospitality REITs

BETHESDA, Md.--( BUSINESS WIRE )--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ended December 31, 2022 on Tuesday, February 21, 2023, after the market closes. The Company will conduct its quarterly conference call on Wednesday, February 22, 2023, at 9:00 AM ET.

Pebblebrook Hotel Trust Schedules Fourth Quarter 2022 Earnings Release and Conference Call

Pebblebrook's (PEB) same-property operating results for November fall short of expectations. The company revises its fourth-quarter 2022 and full-year outlook.

Pebblebrook (PEB) Provides Operating Update, Revises Outlook

BETHESDA, Md.--( BUSINESS WIRE )--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends.

Pebblebrook Hotel Trust Provides Operating Update and Revises its Q4 2022 and Full Year 2022 Outlook

BETHESDA, Md.--( BUSINESS WIRE )--Curator Hotel & Resort Collection (“Curator”) today announced the addition of The Olive Ann in Grand Forks, North Dakota; Creekside Inn in Palo Alto, California; Hotel Los Gatos in Los Gatos, California, Hotel Griffon, King George Hotel and Inn at Union Square in San Francisco, California; and Eden Roc Miami Beach and Nobu Hotel Miami Beach, in Miami Beach, Florida, as their newest members. With these additions, Curator has grown to 96 hotels and resorts, all offering an array of experiences for every type of traveler in more than 48 destinations.

Curator Hotel & Resort Collection Welcomes Eight New Hotels and Resorts to Its Esteemed Portfolio

BETHESDA, Md.--( BUSINESS WIRE )--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 17, 2023 to shareholders of record as of December 30, 2022 (the “Record Date”).

Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2022

Pebblebrook Hotel and Hersha Hospitality are both REITs that own extremely similar hotel properties. HT has the most leveraged balance sheet of all hotel REITs that are paying their preferred dividends. This resulted in HT suspending preferred stock dividends for some time during 2020.

Sell Hersha Hospitality Preferred Stocks And Buy Pebblebrook Hotel Preferred Stocks

Pebblebrook's (PEB) same-property operating results for October match its expectations. The rise in layoffs and expense reductions by many companies raise concerns for its business travel demand.

Pebblebrook's (PEB) Operating Trend Metrics Dip in October

BETHESDA, Md.--( BUSINESS WIRE )--As demand for unique, one-of-a-kind travel experiences continues to grow, Curator Hotel & Resort Collection (“Curator”) marks its second anniversary with incredible growth, expanded offerings, and industry recognition for its hotels throughout the U.S. Curator now boasts a total of 88 members in its distinctive collection of independent lifestyle hotels and resorts.

Curator Hotel & Resort Collection Recognizes New Members and Achievements as It Celebrates Its Second Anniversary

Pebblebrook Hotel Trust Publishes Fourth Annual ESG Report

Pebblebrook is a steady company with a strong equity base. I see the preferreds as well covered.

A 9% Yielding Pebblebrook Preferred With 40% Upside To Par Value

Pebblebrook Hotel Trust (NYSE:PEB ) Q3 2022 Earnings Conference Call October 28, 2022 9:00 AM ET Company Participants Raymond Martz - Chief Financial Officer Jon Bortz - Chairman and Chief Executive Officer Conference Call Participants Dori Kesten - Wells Fargo Jay Kornreich - SMBC Floris Van Dijkum - Compass Point Neil Malkin - Capital One Securities Duane Pfennigwerth - Evercore ISI Anthony Powell - Barclays Shaun Kelley - Bank of America Michael Bellisario - Robert W. Baird Gregory Miller - Truist Securities Bill Crow - Raymond James Chris Darling - Green Street Operator Greetings and welcome to the Pebblebrook Hotel Trust Third Quarter Earnings Call.

Pebblebrook Hotel Trust (PEB) Q3 2022 Earnings Call Transcript

Pebblebrook Hotel (PEB) delivered FFO and revenue surprises of 3.13% and 3.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Pebblebrook Hotel (PEB) Surpasses Q3 FFO and Revenue Estimates

Pebblebrook Hotel Trust Reports Third Quarter 2022 Results

NETSTREIT Corp

PEB vs. NTST: Which Stock Is the Better Value Option?

Pebblebrook Hotel Trust Completes $2.0 Billion Refinancing

BETHESDA, Md.--(BUSINESS WIRE)--CURATOR HOTEL & RESORT COLLECTION STRENGTHENS ITS ROSTER WITH THREE NEW MEMBER HOTELS IN NEWPORT, DENVER, AND LOS ANGELES

Curator Hotel & Resort Collection Strengthens Its Roster With Three New Member Hotels in Newport, Denver, and Los Angeles

Host Hotels & Resorts

Lodging REITs like Host Hotels & Resorts (HST), Pebblebrook Hotel Trust (PEB) and Park Hotels & Resorts (PK) are set to gain from the recovery of the hotel industry and the upcoming holiday season.

Lodging REITs Witness Robust Post-Pandemic Rebound in Demand

Airbnb

Ashford Hospitality Trust

JPMorgan BetaBuilders MSCI US REIT ETF

Choice Hotels Int.

Chatham Lodging Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Hyatt Hotels

Hilton Worldwide Holdings

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Marriott

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

Sunstone Hotel Investors

Sotherly Hotels

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

Service Properties Trust

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

Xenia Hotels & Resorts

Real Estate Select Sector SPDR Fund

Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a slow business travel recovery. STR recently reported that profitability levels were above 2019 levels throughout the summer.

Hotel REITs: Winter Is Coming

Davidson with Pebblebrook will oversee comprehensive repositioning and rebranding of iconic New England Resort on Goat Island ATLANTA , Oct. 5, 2022 /PRNewswire/ -- Davidson Hospitality Group has been tapped by Pebblebrook Hotel Trust to manage Newport Harbor Island Resort in Newport, Rhode Island, under its highly specialized operating vertical, Davidson Resorts. Formerly identified as Gurney's Newport Resort & Marina, the ten-acre property is located on Goat Island in historic Newport.

Davidson Resorts Selected to Operate Newport Harbor Island Resort

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Ian

Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Ian

The potential for high returns and stable income streams have made real estate investment trusts, or REITs, a popular investment vehicle. However, not all REITs are created equal, especially with a potential recession hanging overhead.

3 REITs to Sell in October

BETHESDA, Md.--(BUSINESS WIRE)--CURATOR HOTEL & RESORT COLLECTION'S MEMBER HOTELS ANNOUNCE UNIQUE AUTUMN TRAVEL EXPERIENCES

Curator Hotel & Resort Collection's Member Hotels Announce Unique Autumn Travel Experiences

Despite seasonal patterns dragging the August operating metrics down, a rebound in leisure, business and group travel demand lends a healthy operating environment for Pebblebrook (PEB).

Pebblebrook's (PEB) Operating Trend Healthy Amid Recovery

Pebblebrook (PEB) disposes of Hotel Vintage Portland in Portland, OR, for $32.9 million. The move is part of the company's investment strategy.

Pebblebrook (PEB) Sells off Hotel Vintage Portland for $32.9M

News for Pebblebrook Hotel Trust Stock (PEB)