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Pebblebrook Hotel Trust - PEB STOCK NEWS

Welcome to our dedicated news page for Pebblebrook Hotel Trust (Ticker: PEB), a resource for investors and traders seeking the latest updates and insights on Pebblebrook Hotel Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pebblebrook Hotel Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pebblebrook Hotel Trust's position in the market.

Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) reports Q1 2024 results with a net loss of ($27.5) million. Same-Property RevPAR increased by 1.7%, Urban RevPAR improved by 4.9%, and Resort RevPAR declined by 4.4%. Same-Property EBITDA was $59.8 million, Adjusted EBITDAre was $60.8 million, and Adjusted FFO per diluted share was $0.21. Business and leisure demands showed recovery trends. Portfolio updates include successful redevelopments of key properties. Q2 2024 outlook projects positive net income, RevPAR growth, and financial measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) offers an update on recent operating trends, providing detailed information on its website. The company aims to keep investors informed about its current performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
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Rhea-AI Summary
Jekyll Island Club Resort and Jekyll Ocean Club undergo a $25 million transformation, honoring the island's history and opulence of the early 20th century. The renovation includes guest room configurations, pool areas, dining spaces, and outdoor verandahs. The resort maintains its authenticity and architectural integrity, reflecting the rich tapestry of Jekyll Island's flora and fauna. Future enhancements include meeting spaces, restaurants, and a new oceanfront sky terrace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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none
Rhea-AI Summary
Pebblebrook Hotel Trust (NYSE: PEB) will report its financial and operating results for the quarter ended March 31, 2024, on April 23, 2024, after the market closes. The quarterly conference call will be held on April 24, 2024, at 8:00 AM ET. Participants can join the call by dialing (877) 407-3982 and accessing the live webcast on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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-
Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) announces a quarterly cash dividend of $0.01 per common share and regular quarterly cash dividends on preferred shares. The dividends will be paid on April 15, 2024, to shareholders of record as of March 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
dividends earnings
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Rhea-AI Summary
Pebblebrook Hotel Trust announces winners of the Twelfth Annual Pebby Awards, recognizing outstanding performance in 2023. The awards cover various categories like Best Picture, Best Director, and more, showcasing excellence in hotel operations and leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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none
Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) reports its 2023 financial results, with a net loss of $74.3 million. Despite this, Same-Property Total RevPAR increased by 5.9% compared to 2022. The company sold 7 properties in 2023, generating $331 million to reduce debt and repurchase shares. The 2024 outlook anticipates a net loss of $62.0 to $47.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
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Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) released its fifth annual Environmental Sustainability and Social Responsibility Report, showcasing its ESG performance and commitment to sustainable business practices. The report aligns with international standards and highlights achievements such as significant reductions in greenhouse gas emissions and waste intensity, diverse workforce, and governance practices. The full report is available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
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none
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Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) announced the nominations for its Twelfth Annual Pebby Awards, recognizing the best urban hotels and resorts. The diverse array of nominees includes prestigious properties like Hotel Monaco Washington DC, The Westin Copley Place, Boston, and 1 Hotel San Francisco. The winners will be announced on March 8, 2024, and the event reflects an unprecedented level of competition and excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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none
Rhea-AI Summary
Pebblebrook Hotel Trust (PEB) announced the 2023 tax treatment of distributions to holders of common and preferred shares. The total distribution per share, ordinary dividend, and other details were disclosed. Shareholders are advised to consult with a tax advisor for specific treatment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
Tags
dividends
Pebblebrook Hotel Trust

NYSE:PEB

PEB Rankings

PEB Stock Data

1.84B
117.98M
1.79%
124.59%
17%
Other Financial Vehicles
Finance and Insurance
Link
US
Bethesda

About PEB

pebblebrook hotel trust is a publicly traded real estate investment trust (“reit”) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. the company owns 37 hotels, including 31 wholly owned hotels with a total of 7,402 guest rooms and a 49% joint venture interest in six hotels with a total of 1,777 guest rooms. the company owns, or has an ownership interest in, hotels located in 11 states and the district of columbia, including: san francisco, california; los angeles, california (beverly hills, hollywood, santa monica and west hollywood); boston, massachusetts; new york, new york; san diego, california; portland, oregon; buckhead, georgia; naples, florida; seattle, washington; miami, florida; washington, dc; philadelphia, pennsylvania; columbia river gorge, washington; nashville, tennessee; bethesda, maryland and minneapolis, minnesota. for more information, please visit us at www.pebblebrook