Stock Data
$0.29 (1.63%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - HOTEL & MOTEL
Pebblebrook Hotel Trust is a leading real estate investment trust in the United States, focusing on urban and resort lifestyle hotels and resorts. With a portfolio of 47 properties, this company offers around 12,200 guest rooms spread across 13 key urban and resort destinations. Pebblebrook stands out as the largest owner in its niche, providing unique travel experiences in prime locations.
Chatham Lodging Trust reports before the open at 6:30 AM ET, and its RevPAR line is the first real read on whether extended-stay demand strength is translating into hotel REIT margins. A $614 million market cap means the reaction will be sharp either way, with read-throughs to Pebblebrook and RLJ.
Pebblebrook crushed a 62% EPS beat as resort demand surged and San Francisco's recovery accelerated, prompting management to raise full-year adjusted FFO guidance to $1.69 to $1.76 per share. San Francisco RevPAR jumped 16% year-over-year driven by corporate and tech conventions, while transient revenue climbed nearly 10% on 7% ADR growth across the portfolio.
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