Headquartered in Bethesda, MD Fiscal year ends December NYSE: PEB pebblebrookhotels.com
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The company owns 43 hotels and resorts totaling approximately 10,900 guest rooms across 13 urban and resort markets. Its portfolio includes premium properties that attract a higher-income guest base, spanning resort destinations and major urban markets including San Francisco, Chicago, Los Angeles, Boston, San Diego, Portland, and Washington DC. The company generates revenue primarily through room revenues, food and beverage operations, and other hotel operating activities. Pebblebrook focuses on lifestyle and boutique hotels, pursuing strategic capital allocation through property acquisitions, dispositions, and renovations while maintaining a disciplined balance sheet approach with a sector-low weighted-average interest rate on its debt. Updated
Host Hotels has paid a special dividend on top of its regular quarterly payout, and its balance sheet looks cleaner than most lodging peers. But the company has slashed its dividend to…
Barclays issued a few calls recently with a particular focus on REITs.
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The company owns 43 hotels and resorts totaling approximately 10,900 guest rooms across 13 urban and resort markets.
The Wall Street consensus 12-month price target for PEB is $19.32.
