Pebblebrok Hotel Stock Price, News & Analysis

UNITE HERE launched a campaign on October 6, 2025 opposing a partnership between Curator Collection hotels (a soft brand majority-owned by Pebblebrook Hotel Trust, NYSE: PEB) and FreshAir Sensor.

Curator partnered with FreshAir Sensor in March 2025 to offer “FreshAir Certified,” a program that FreshAir describes as charging guests a “small incremental cost” for rooms meeting certified indoor air standards. FreshAir Sensor projects up to $1.5 billion in annual ancillary revenue for U.S. hotels industry-wide. UNITE HERE says the program plus existing average nightly resort fees of $40 create deceptive upcharges and created a website, CuratorCollectionCon.org, to pressure Curator and Pebblebrook to stop charging extra for certified clean air.

Pebblebrook Hotel Trust (NYSE: PEB) has successfully closed its previously announced private offering of $400 million in 1.625% Convertible Senior Notes due 2030, which includes a $50 million over-allotment option exercise. The Notes, paying interest at 1.625% semi-annually, have an initial conversion rate of 62.9129 per $1,000 principal amount (equivalent to $15.89 per share).

The company used the proceeds, along with $4.1 million in cash, to repurchase approximately $400 million of its 1.75% Convertible Senior Notes due 2026. Additionally, PEB repurchased about 4.3 million common shares at $11.56 per share and entered into capped call transactions with a cap price of $20.23 to reduce potential dilution.

Pebblebrook Hotel Trust (NYSE: PEB) has announced the pricing of $350 million of 1.625% Convertible Senior Notes due 2030, with an additional $50 million option exercised by initial purchasers. The notes will mature on January 15, 2030, with a conversion rate of 62.9129 per $1,000 principal amount (equivalent to $15.89 per share).

The company expects net proceeds of $389.7 million, which will be used along with $4.1 million cash on hand to repurchase approximately $400 million of its outstanding 1.75% Convertible Senior Notes due 2026. Additionally, PEB entered into capped call transactions and repurchased about 4.3 million common shares at $11.56 per share.

Pebblebrook Hotel Trust (NYSE: PEB) has announced a private placement of $350 million Convertible Senior Notes due 2030, with an additional $50 million over-allotment option. The company plans to use the proceeds to repurchase certain of its 1.75% Convertible Senior Notes due 2026.

In conjunction with the offering, PEB will enter into capped call transactions to reduce potential dilution and plans to repurchase approximately $50 million of common shares using cash on hand. The Notes will be offered exclusively to qualified institutional buyers under Rule 144A of the Securities Act.

The transaction involves complex hedging activities by note holders and option counterparties, which could impact the company's share price and the Notes' effective conversion price.

Pebblebrook Hotel Trust (NYSE: PEB), the largest owner of urban and resort lifestyle hotels in the United States, has declared its quarterly dividend payments for Q3 2025. The company will pay a quarterly cash dividend of $0.01 per common share on October 15, 2025, to shareholders of record as of September 30, 2025.

Additionally, PEB announced quarterly dividends for its preferred shares: $0.39844 for Series E (6.375%), $0.39375 for Series F (6.3%), $0.39844 for Series G (6.375%), and $0.35625 for Series H (5.7%) preferred shares. The company currently owns 46 hotels with approximately 12,000 guest rooms across 13 urban and resort markets.

Pebblebrook Hotel Trust (NYSE: PEB), the largest owner of urban and resort lifestyle hotels in the United States, has scheduled its Third Quarter 2025 earnings release and conference call. The company will release financial results on Wednesday, November 5, 2025, after market close, followed by a conference call on Thursday, November 6, 2025, at 11:00 AM ET.

The conference call will be accessible via phone at +1 (877) 407-3982 and through a live webcast on the company's website. PEB currently owns 46 hotels with approximately 12,000 guest rooms across 13 urban and resort markets.

UNITE HERE, the hotel workers' union, has launched CuratorCollectionCon.org to expose resort fees at Pebblebrook Hotel Trust's (NYSE: PEB) Curator Hotel & Resort Collection properties. The website highlights mandatory fees averaging $40 per night, with some properties charging up to $100 nightly.

The union criticizes these fees as deceptive, covering basic amenities like WiFi and fitness center access. Despite Pebblebrook's promise of reduced operating costs and CEO Jon Bortz's implementation of "Pebblebrook's DOGE," Curator Collection has seen a 37% decrease in membership since launch. The website provides tools for guests to request refunds and includes customer reviews.

Pebblebrook Hotel Trust (NYSE:PEB) reported Q2 2025 results with net income of $19.3 million and Adjusted FFO of $0.65 per share, exceeding outlook by $0.06. Same-Property Total RevPAR increased 1.3% year-over-year, with strong performance in San Francisco (+15.2%), Portland (+10.4%), and San Diego (+8.6%).

The company demonstrated effective cost control with Same-Property Hotel Expenses rising just 1.7%. Notable challenges included underperformance in Los Angeles due to market-specific issues. LaPlaya Beach Resort completed its restoration following hurricane damage, with $11.5 million in business interruption insurance income expected for 2025.

For full-year 2025, Pebblebrook updated guidance with Adjusted EBITDA of $332.5 to $347.5 million and Adjusted FFO per share of $1.47 to $1.59. The company maintains a strong balance sheet with $267.1 million in cash and a favorable 4.2% weighted average interest rate.

Pebblebrook Hotel Trust (NYSE: PEB), the largest owner of urban and resort lifestyle hotels in the United States, has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial and operating results for Q2 2025 on Tuesday, July 29, 2025, after market close.

The earnings conference call will be held on Wednesday, July 30, 2025, at 9:00 AM ET. Investors can access the call by dialing +1 (877) 407-3982 or through a live webcast on the company's website. PEB currently owns 46 hotels with approximately 12,000 guest rooms across 13 urban and resort markets.