Posts filtered by tags: Pebblebrook Hotel Trust[x]


 

Pebblebrook Hotel Trust Provides Operating Update And Executes Contract To Acquire Margaritaville Hollywood Beach Resort In Hollywood, Florida

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends, which continue to improve each week. The Company expects to achieve positive Adjusted EBITDAre in the second quarter of 2021 and positive Adjusted Funds from Operations (“FFO”) in the third quarter of 2021.
Tags: Travel, Operations, Company, Hollywood Florida, Margaritaville Hollywood Beach Resort, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB


Pebblebrook Hotel Trust Announces Update On Recent Operating Trends And Contract To Sell The Roger New York

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced an update on recent operating trends.
Tags: Travel, New York, Roger, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB


Introducing Curator Hotel & Resort Collection From Pebblebrook Hotel Trust and Six Industry-Leading Hotel Operators

Pebblebrook Hotel Trust (NYSE: PEB) and six industry-leading hotel operators today jointly announced the launch of Curator Hotel & Resort Collection, a hand-selected collection of small brands and independent lifestyle hotels and resorts worldwide. Curator's distinct owner-centric platform offers an alternative for independent lifestyle hotels looking to strengthen their performance, providing them with best-in-class agreements, services, and technology, while allowing them to retain thei...
Tags: Travel, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB


Pebblebrook Hotel Trust Announces Action Plan to Mitigate COVID-19 Impact

Pebblebrook Hotel Trust (NYSE: PEB) (the "Company" or "Pebblebrook") today announced that in addition to the significant efforts underway to protect the health and safety of its guests and employees, as well as its communities, the Company has taken and is taking many substantial, additional steps to address the operating and financial impact of the COVID-19 (coronavirus) pandemic.
Tags: Travel, Company, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Pebblebrook


AH&LA unveils 2020 leadership, welcomes Choice

The American Hotel & Lodging Association today unveiled its 2020 officers, board of directors and executive committee and welcomed Choice Hotels International into membership. Jon E. Bortz, chairman, president and CEO of Pebblebrook Hotel Trust, was named chair of the board, and Mark Hoplamazian, president/CEO of Hyatt Hotels Corp., vice chair.
Tags: Travel, La, Choice Hotels International, American Hotel Lodging Association, Hyatt Hotels Corp, Mark Hoplamazian, Pebblebrook Hotel Trust, Jon E Bortz


Alphabet and Lands' End drop while CBS climbs

Stocks that moved substantially or traded heavily on Thursday: Pebblebrook Hotel Trust, down $1.24 to $37.25 Pebblebrook said it will buy LaSalle Hotel Properties for $37.80 a share, or $4.2 billion.
Tags: New York, Finance, Article, Cbs, Associated Press, FBN, Pebblebrook Hotel Trust, LaSalle Hotel Properties, Fbn/markets, Fox-business/markets, Fox-business/industries, Fox-business/features, Pebblebrook, Bdb64961-33a2-5faf-8583-0cb830543d8f


Blackstone to buy LaSalle Hotel for $3.7 billion

(Reuters) - Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.
Tags: Money, businessNews, Blackstone, Reuters Private, Pebblebrook Hotel Trust, Blackstone Group LP, LaSalle Hotel Properties, LaSalle Hotel


Why LaSalle Hotel Properties Stock Surged on Wednesday

Pebblebrook Hotel Trust is ready to pair up in a merger with LaSalle Hotel Properties.
Tags: Finance, Article, FBN, Pebblebrook Hotel Trust, Motley Fool, Fbn/markets, Fox-business/markets, 76e461cc-d78a-589c-a15c-b442a4b2a378


Pebblebrook Hotel Trust Earnings Continue Falling as Hotels Exit the Portfolio

Pebblebrook Hotel Trust  (NYSE: PEB) closed the sale of another hotel during the quarter bringing its total to nine hotels since beginning its strategic disposition plan. However, with fewer hotels generating revenue, it's causing the company's financial results to decline, which was the case again during the second quarter. MetricQ2 2017Continue reading [Author: [email protected] (Matthew DiLallo)]
Tags: Finance, Financials, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Matthew DiLallo, 9bc0cf42-730d-11e7-a9c8-0050569d4be0


Newmark Knight Frank represents Pebblebrook Hotel Trust in sale of parking garage at Revere Hotel

Boston, MA Newmark Knight Frank (NKF) has completed the sale of the 826-space parking garage, which included 10,500 s/f of vacant ground-floor space, at Revere Hotel Boston Common. According to public record, the property sold for $95 million. NKF’s Boston Capital Markets G...
Tags: Radio, Pebblebrook Hotel Trust, NKF, Newmark Knight Frank, Revere Hotel, Boston MA Newmark Knight Frank NKF, Revere Hotel Boston


The hottest hotel design trend? Hipster-inspired hospitality | sfchronicle.com

We all know a hipster hotel when we see one — the reclaimed wood, repurposed materials, retro furniture, and a mustachioed hotel clerk who hands you a craft cocktail along with your old-fashioned room key at the front desk — which doubles as the lobby bar, of course. These common themes recur at hotels across the country, and we have one wildly popular hotel chain to thank. Ace Hotels, born in Seattle in the late 1990s, largely pioneered the look and mindset, which plays out in everything...
Tags: Travel, Seattle, Pebblebrook Hotel Trust, Dawson Design Associates, San Francisco 's Hotel Zephyr Hotel Zeppelin


Pebblebrook Hotel Trust Earnings Slip on Hotel Sales and Redevelopment Disruptions

Pebblebrook Hotel Trust's (NYSE: PEB) financial results continue heading in reverse due to the company's strategic repositioning plan. Not only did its decision to sell hotels cause earnings to slip, but recent redevelopment projects led to greater-than-expected disruption at several of its hotels. However, despite these and other headwinds, Pebblebrook's financial results were either within or above its guidance range. MetricQ1 2017Continue reading [Author: [email protected] (Matthew DiLa...
Tags: Finance, Financials, Pebblebrook Hotel Trust, PEB, Matthew DiLallo, Pebblebrook Hotel, 80ceda6c-2b8c-11e7-8f0f-0050569d4be0, Pebblebrook


AHLA announces 2017-2018 Executive Committee roster

The American Hotel & Lodging Association (AHLA) today announced its Executive Committee for 2017-2018, joining the full Board of Directors in guiding the hotel industry agenda. Led by AHLA's Officers of the Board: Chair Mark Carrier, President of the B.F. Saul Company Hospitality Group, Vice Chair Geoff Ballotti, President and CEO of Wyndham Hotel Group, Secretary/Treasurer Jon Bortz, Chairman & CEO of Pebblebrook Hotel Trust and Immediate Past Chair Jim Abrahamson, Chairman & CEO for Int...
Tags: Travel, Interstate Hotels Resorts, Executive Committee, Wyndham Hotel Group, Geoff Ballotti, Pebblebrook Hotel Trust, Jim Abrahamson, American Hotel Lodging Association AHLA, B F Saul Company Hospitality Group, Jon Bortz


Pebblebrook Hotel Trust Earnings Dip on Asset Sales and Weak Hotel Market

Pebblebrook Hotel Trust's (NYSE: PEB) financial results went upside down during the fourth quarter. That said, the company expected as much and even outperformed its forecast despite facing the headwinds of a weak hotel market and selling $463.8 million of assets last year. Unfortunately, those two factors will continue to weigh on results in 2017. MetricQ4 2016 (millions)Continue reading [Author: [email protected] (Matthew DiLallo)]
Tags: Finance, Financials, Pebblebrook Hotel Trust, PEB, Matthew DiLallo, 12ef0122-fa1b-11e6-a65e-0050569d32b9, Pebblebrook Hotel


Pebblebrook Hotel Trust Earnings Outperform Its Low Expectations

Manhattan NYC. Image source: Pebblebrook Hotel Trust.Demand for hotel rooms remains weak due to slowing business travel. However, that is not stopping Pebblebrook Hotel Trust (NYSE: PEB) from delivering high-end results. While its third-quarter results were just marginally better than the year-ago quarter, they trounced the company's guidance. Meanwhile, it continues to see strong demand for hotels assets, leading it to sell another of its facilities in the quarter and detailing an agreement t...
Tags: Finance, Manhattan, Financials, HLT, MAR, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Matthew DiLallo


Pebblebrook Hotel Trust Earnings Outperform Low Expectations

Manhattan NYC. Image source: Pebblebrook Hotel Trust.Demand for hotel rooms remains weak due to slowing business travel. However, that is not stopping Pebblebrook Hotel Trust (NYSE: PEB) from delivering high-end results. While its third-quarter results were just marginally better than the year-ago quarter, they trounced the company's guidance. Meanwhile, it continues to see strong demand for hotels assets, leading it to sell another of its facilities in the quarter and detailing an agreement t...
Tags: Finance, Manhattan, Financials, HLT, MAR, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Matthew DiLallo


RobertDouglas Advises Denihan Hospitality Group in the Restructuring of its Joint Venture Partnership with Pebblebrook Hotel Trust on the Manhattan Collection Portfolio

NEW YORK, NY – RobertDouglas announced today that it acted as the exclusive financial advisor to Denihan Hospitality Group ("Denihan") in the restructuring of its joint venture partnership with Pebblebrook Hotel Trust (NYSE: PEB) on six upper upscale hotels in Manhattan known as the Manhattan Collection. The restructuring includes an exchange of ownership interests, with Denihan assuming full ownership of The Benjamin, Shelburne NYC, Fifty NYC, and Gardens NYC hotels and Pebblebrook assum...
Tags: New York, Manhattan, RobertDouglas, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB


Pebblebrook Hotel Trust Delivers Upper-Upscale Results

Hotel W Los Angeles  – West Beverly Hills . Image source: Pebblebrook Hotel Trust.While demand for hotel rooms remains soft, Pebblebrook Hotel Trust's (NYSE: PEB) second-quarter results were still above its guidance range. Driving this high-end result were the company's West Coast markets, especially at its recently renovated hotels. That said, it remains cautious for the full year due to softening travel trends. Continue reading [Author: [email protected] (Matthew DiLallo)]
Tags: Finance, Los Angeles, West Coast, Financials, West Beverly Hills, Pebblebrook Hotel Trust, PEB, Matthew DiLallo, LHO


Pebblebrook Hotel Trust Reports Upscale Q1 Results

LaPlaya Beach Resort Club. Image source: Pebblebrook Hotel Trust.Despite a sluggish hotel market, Pebblebrook Hotel Trust (NYSE: PEB) reported strong first-quarter results after the market closed on Wednesday. The company's results were not only well above its own guidance but also outperformed the industry because of strong demand for its hotels on the West Coast.Continue reading [Author: [email protected] (Matthew DiLallo)]
Tags: Finance, Financials, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Matthew DiLallo, LHO, B3bbba02-0cc1-11e6-94cc-0050569d32b9, Pebblebrook Hotel Trust Reports Upscale, LaPlaya Beach Resort Club Image


3 Reasons Host Hotels Could Rise

Host Hotels & Resorts  (NYSE: HST) , a real estate investment trust (REIT) with 105 properties worldwide,and 2015 gross revenue of $5.8 billion,has slammed investors with a 23% stock-price decline over the past 52 weeks. Internationally, the company showed modest revenue improvement over the last year. However, currency impacts have mitigated that progress. The decline in the company's stock over the past year isn't terribly out of line with many of its competitors, and is not unreasonably price...
Tags: Financials, Starwood Hotels and Resorts, Host, HST, Le Meridien, Autograph Collection, Pebblebrook Hotel Trust, Host Hotels Resorts NYSE, 3b68dcec-e42b-11e5-8948-0050569d4be0, Marriott International Continue


Despite Softening Conditions, Pebblebrook Hotel Trust Delivers High-End Results

The slowdown in the global economy led to noticeably softer operating conditions for the U.S. hotel industry.
Tags: Article, FBN, Pebblebrook Hotel Trust, Fbn/markets, Fool.com, A49c500a-5433-4bd8-90ff-5b6f73e4f432


Viceroy Hotel Group Announces New Management Of The Prescott Hotel In San Francisco

Effective July 28, 2015, Viceroy Hotel Group is now managing The Prescott in San Francisco, California located at 545 Post Street. The hotel is owned by Pebblebrook Hotel Trust. The boutique property, boasting 164 guestrooms, will continue to operate as The Prescott until it closes for renovation later this year. The same great team remains at the hotel and from Viceroy's perspective, it is business as usual. All guest reservations made prior to the management transfer will be honored.
Tags: San Francisco, Prescott, San Francisco California, Viceroy Hotel Group, Pebblebrook Hotel Trust, Viceroy


Pebblebrook Hotel Trust Acquires the Revere Hotel Boston Common in Boston, Massachusetts

Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") today announced that it has acquired the Revere Hotel Boston Common ("Revere Hotel"), an attached 826-space parking garage and an adjacent land parcel for $260.4 million. The 356-room hotel is located in the heart of the historic Theater District of downtown Boston, Massachusetts.
Tags: Boston Massachusetts, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Revere Hotel Boston Common, Revere Hotel Boston Common Revere Hotel


Pebblebrook Hotel Trust Acquires the Hotel Palomar Los Angeles – Westwood

Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today announced that it has acquired the Hotel Palomar Los Angeles – Westwood ("Hotel Palomar") for $78.7 million. The 264-room, upper upscale, full-service boutique hotel is located in the Westwood neighborhood of Los Angeles, California. The property will continue to be managed by Kimpton Hotels & Restaurants ("Kimpton").
Tags: Los Angeles California, Westwood, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Hotel Palomar Los Angeles


Pebblebrook Hotel Trust Acquires The Westin Colonnade Coral Gables in Miami, Florida

Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") today announced that it has acquired The Westin Colonnade Coral Gables ("The Westin Colonnade") for $59.4 million. The 157-room upper-upscale hotel is located in Miami on Miracle Mile in the heart of Coral Gables, Florida. The hotel will continue to be operated by Davidson Hotels and Resorts ("Davidson").
Tags: Miami, Miami Florida, Pebblebrook Hotel Trust, Pebblebrook Hotel Trust NYSE, PEB, Davidson Hotels, Westin Colonnade Coral Gables, Westin Colonnade, Miracle Mile, Coral Gables Florida