Welcome to our dedicated page for Pebblebrok Hotel news (Ticker: PEB), a resource for investors and traders seeking the latest updates and insights on Pebblebrok Hotel stock.
Pebblebrook Hotel Trust (NYSE: PEB) provides investors and hospitality industry stakeholders with critical updates through this dedicated news hub. As a leading real estate investment trust specializing in upper upscale urban and resort hotels, PEB's news coverage spans operational milestones, financial disclosures, and strategic initiatives.
This resource consolidates official press releases, earnings reports, and market analyses to serve as a comprehensive tracking tool for PEB's portfolio performance. Users will find updates on property acquisitions, partnership developments, and management strategies that shape the trust's position in luxury hospitality markets.
The curated news collection focuses on three key areas: quarterly financial results detailing hotel revenue trends, announcements regarding asset repositioning or sales, and operational updates from major gateway city locations. Additional coverage includes leadership changes and sustainability initiatives impacting property operations.
For consistent monitoring of this hospitality REIT's performance, bookmark this page or check back regularly for verified updates directly affecting PEB's market valuation and investment profile.
Pebblebrook Hotel Trust (NYSE: PEB) has announced it will release its financial and operating results for Q1 2025 on Thursday, May 1, 2025, after market close. The company will host its quarterly conference call on Friday, May 2, 2025, at 9:00 AM ET.
Investors can participate by dialing +1 (877) 407-3982 at approximately 8:50 AM ET. A live webcast will be available through the company's website, and a replay will be archived in the Investor Relations section.
Pebblebrook Hotel Trust is the largest owner of urban and resort lifestyle hotels in the United States, with a portfolio of 46 hotels comprising approximately 12,000 guest rooms across 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE: PEB) has announced its quarterly dividend declarations for Q1 2025. The company will pay a cash dividend of $0.01 per common share on April 15, 2025, to shareholders of record as of March 31, 2025.
The Board has also declared quarterly dividends for preferred shares, payable on April 15, 2025:
- 6.375% Series E: $0.39844 per share
- 6.3% Series F: $0.39375 per share
- 6.375% Series G: $0.39844 per share
- 5.7% Series H: $0.35625 per share
Pebblebrook is the largest owner of urban and resort lifestyle hotels in the United States, with a portfolio of 46 hotels comprising approximately 12,000 guest rooms across 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE: PEB) announced winners of its 13th Annual Pebby Awards, recognizing outstanding hotel performances in 2024. Harbor Court Hotel San Francisco won Best Picture for overall performance, while Embassy Suites San Diego Bay and Hotel Chicago Downtown tied for Best Director.
The awards, spanning 13 categories inspired by the Academy Awards format, celebrated excellence across operations, leadership, community impact, and sustainability. Notable winners included Hotel Palomar Los Angeles Beverly Hills for Best Actor/Actress in sales and marketing, and Estancia La Jolla Hotel & Spa for both Best Visual Effects during renovation and the Academy Honorary Award for improved TripAdvisor rankings.
The ceremony highlighted achievements in revenue management, profitability, sustainability, and guest experience across Pebblebrook's portfolio of 46 hotels with approximately 12,000 guest rooms in 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE: PEB) reported strong Q4 2024 results, exceeding expectations due to robust resort demand and impressive performances at recently redeveloped properties. The company successfully controlled operating expenses, with Same-Property expenses rising just 3.1% year-over-year in Q4.
Key developments include:
- Los Angeles wildfires impact: Significant business cancellations affecting nine LA area hotels, with projected ~$9.0 million Hotel EBITDA impact
- LaPlaya Beach Resort progress: Partially reopened after hurricane damage, generating $19.0 million in Hotel EBITDA for 2024
- Capital investments: $91.0 million invested in 2024, completing major redevelopment projects
- Share repurchases: 1.1 million common shares bought at average $13.29 per share
- Balance sheet: Completed $1.6 billion in debt financings and extensions
For 2025, the company expects reduced capital investments of $65-75 million, focusing on regular maintenance and minor refreshes.
Pebblebrook Hotel Trust (NYSE: PEB) has announced its dividend tax treatment for 2024. The company will distribute quarterly common share dividends of $0.01 per share, payable on April 15, July 15, and October 15, 2024. These distributions are classified as nondividend distributions.
For preferred shares (PEB/PRE, PEB/PRF, PEB/PRG, and PEB/PRH), quarterly dividends range from $0.356250 to $0.398440 per share, with portions classified as ordinary dividends and nondividend distributions. The company, as the largest owner of urban and resort lifestyle hotels in the United States, currently owns 46 hotels with approximately 12,000 guest rooms across 13 markets.
Pebblebrook Hotel Trust (NYSE: PEB) has announced nominations for its 13th Annual Pebby Awards, recognizing outstanding hotel performances in 2024. The Embassy Suites San Diego Bay – Downtown leads with seven nominations, followed by the Hotel Chicago Downtown with five nominations.
The awards span various categories including Best Picture for overall performance, Best Director for management excellence, and Best Actor/Actress for sales and marketing achievements. Other categories recognize community impact, revenue management, profitability, renovation success, energy conservation, and guest experience.
Notable nominees include Margaritaville Hotel San Diego Gaslamp Quarter, 1 Hotel San Francisco, and LaPlaya Beach Resort & Club across multiple categories. The winners will be announced on February 28, 2025, at 3:00 PM ET, with live updates available on X (formerly Twitter) @PebblebrookPEB.
Pebblebrook Hotel Trust (NYSE: PEB) has announced it will release its financial and operating results for Q4 2024 on Wednesday, February 26, 2025, after market close. The company will host its quarterly conference call on Thursday, February 27, 2025, at 9:00 AM ET.
Interested participants can join the call by dialing (877) 407-3982 at approximately 8:50 AM ET. A live webcast will be available through the company's website at pebblebrookhotels.com. The conference call webcast will be archived and accessible through the Investor Relations section of the website.
Pebblebrook Hotel Trust is the largest owner of urban and resort lifestyle hotels in the United States, with a portfolio of 46 hotels comprising approximately 12,000 guest rooms across 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE: PEB) has declared its quarterly dividends for Q4 2024. The company will pay $0.01 per common share on January 15, 2025, to shareholders of record as of December 31, 2024. Additionally, the company declared preferred share dividends: $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%) shares.
Pebblebrook is the largest owner of urban and resort lifestyle hotels in the United States, with a portfolio of 46 hotels comprising approximately 12,000 guest rooms across 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE: PEB) reported Q3 2024 results with net income of $45.1 million. Same-Property Total RevPAR grew 2.7%, with urban properties up 2.7% and resort properties up 2.5%. However, Same-Property Hotel EBITDA decreased 1.0% to $110.8 million, and Adjusted EBITDAre declined 3.3% to $112.2 million. The company received $7.1 million in unexpected insurance proceeds.
Hurricanes Debby and Helene negatively impacted Q3 performance, reducing Same-Property Total Revenues by $1.2 million. The company issued $400 million in senior notes and extended $787 million in debt maturities. The 2024 outlook was revised downward, with net loss projected between ($19.4) to ($15.4) million, primarily due to hurricane impacts.
Pebblebrook Hotel Trust (NYSE: PEB) has successfully extended $787 million in debt maturities, enhancing its financial flexibility. The company extended $185.2 million of its 2025 term loan to 2029 and $602 million of its $650 million revolving credit facility to 2029. Following these extensions and a recent $400 million senior notes offering, PEB has executed approximately $1.2 billion in debt financings and extensions. The company's debt profile shows a weighted average interest rate of 4.3% on $2.3 billion outstanding debt, with 91% at fixed rates and 91% unsecured. These refinancing efforts ensure no significant debt maturities until December 2026.
