Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports First Quarter 2023 Results
Same-Property Total RevPAR increased 23.8% vs. 2022 - Same-Property EBITDA $59.3 million, 25.4% above 2022
Advertisement
Topic - Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Provides Operating Update, Preliminary Q4 2022 and Full Year 2022 Results, and Transaction Update
Additionally, the Company announced that it had executed a contract to sell the 151-room The Heathman Hotel in Portland, Oregon for $45.0 million to a third party.
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Provides Operating Update and Revises Its Q4 2022 and Full Year 2022 Outlook
While November’s Same-Property operating results significantly exceeded last year’s performance, they were below the previously provided outlook due to a negative impact from Hurricane Nicole and weaker business and leisure demand during the second half of the month, which may relate to new seasonal patterns around holidays due to hybrid work.
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports Third Quarter 2022 Results
Reports Same-Property RevPAR up 45.9% vs. 2021 and 1.3% vs. 2019
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports Second Quarter 2022 Results
Same-Property RevPAR: (5.0%) vs. 2019; ADR exceeded 2019 by 18.7% - Same-Property Total Revenues: $395.7 million, 96.9% recovered vs. 2019
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports First Quarter 2022 Results
Same-Property RevPAR: (23.4%) vs. 2019; ADR exceeded 2019 by 19.4% - Same-Property Total Revenues: $258.0 million, 76.8% recovered vs. 2019
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports 2021 Results
Performance improved throughout the year; December 2021 was the strongest month versus 2019 based on RevPAR, Total Revenue, and Hotel EBITDA, led by robust demand at the Company’s resorts and a continuing gradual recovery in business travel
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports Third Quarter 2021 Results
Q3 2021 Same-Property ADR exceeded Q3 2019 led by rate premiums from leisure-oriented travelers and rate progress in our urban markets
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports Second Quarter 2021 Results
Achieved positive Same-Property Hotel EBITDA of $28.3 million in Q2, led by the Company’s resorts and accelerating business transient demand at urban hotels - Same-Property RevPAR rose sequentially by 111% from Q1 2021 to Q2 2021
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports First Quarter 2021 Results
Occupancy at the Company’s open hotels and resorts increased from 19.3 percent in January to 34.8 percent by March, and RevPAR grew from $43 in January to $65 in February and to $85 in March, roughly doubling from January