Announcement • Jun 16
Pebblebrook Hotel Trust announces Quarterly dividend, payable on July 15, 2026 Pebblebrook Hotel Trust announced Quarterly dividend of USD 0.0100 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026. Announcement • Jun 10
Pebblebrook Hotel Trust to Report Q2, 2026 Results on Jul 29, 2026 Pebblebrook Hotel Trust announced that they will report Q2, 2026 results After-Market on Jul 29, 2026 Announcement • Apr 29
Pebblebrook Hotel Trust Provides Earnings Guidance for the Year 2026 Pebblebrook Hotel Trust provided earnings guidance for the second quarter and full year 2026. For the year, the company expects net loss from 6.00 million to net profit of 6.00 million.
For second quarter, the company expects net income to be from $19.5 million to $23.5 million. Announcement • Mar 27
Pebblebrook Hotel Trust, Annual General Meeting, May 29, 2026 Pebblebrook Hotel Trust, Annual General Meeting, May 29, 2026. Location: the offices of hunton andrews kurth llp, 2200, pennsylvania avenue, nw, suite 900,dc, washington, United States Announcement • Mar 16
Pebblebrook Hotel Trust Declares Cash Dividend for the First Quarter of 2026, Payable on April 15, 2026 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly first quarter 2026 cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2026, to shareholders of record as of March 31, 2026. Announcement • Mar 10
Pebblebrook Hotel Trust to Report Q1, 2026 Results on Apr 28, 2026 Pebblebrook Hotel Trust announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Feb 26
Pebblebrook Hotel Trust Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026 Pebblebrook Hotel Trust provided earnings guidance for first quarter ending March 31, 2026 and full year ending December 31, 2026. For the quarter, the company expects net loss of $20.3 million to $16.3 million. For the year, the company expects net income/(loss) of ($10.4) million to $3.6 million. Announcement • Feb 10
Pebblebrook Hotel Trust Announces Changes to Its Board and Committee Pebblebrook Hotel Trust announced the election of Nina P. Jones and Bill Bayless to the Board of Trustees. Nina P. Jones's election is effective March 1, 2026. Bill Bayless is expected to join the Board during the fourth quarter of 2026. Nina P. Jones retired from T. Rowe Price, where she most recently served as Vice President, Portfolio Manager of the U.S. Real Estate Equity Strategy. She has more than 15 years of real estate investing experience at T. Rowe Price, also serving as Portfolio Manager of the Global Real Estate Equity Strategy and as the global team leader for real estate. Before T. Rowe Price, Nina P. Jones worked as a Senior Associate for KPMG LLP. She earned her BS in accounting and finance from the University of Maryland and her MBA from Columbia University's Graduate School of Business. She also earned the Certified Public Accountant designation. Nina P. Jones currently serves as a director of Simon Property Group and is a member of its audit committee. She also serves as a trustee of Equity Residential and is a member of its audit committee and the chair of its corporate governance committee. Bill Bayless is the Chief Executive Officer of Maslow Campus Communities and a widely recognized real estate operator and capital markets leader who helped build and institutionalize the modern student housing sector. Over his more than 35-year career, he has been involved in nearly $30 billion in real estate transactions. He co-founded American Campus Communities, a REIT, and led its growth from an early-stage platform into the first publicly traded student housing company. In 2022, he helped lead that company’s nearly $13 billion sale to Blackstone. Bill Bayless has served in leadership roles across the REIT and multifamily industries, including on the Board of Governors of Nareit and within the National Multifamily Housing Council. He has been recognized for innovation and leadership, including as Ernst & Young National Entrepreneur of the Year (Real Estate, Construction & Hospitality - 2017). Pebblebrook Hotel Trust also announced the adoption of a new principles-based board refreshment framework, designed to balance planned refreshment with ongoing evaluation to tailor the Board of Trustees' composition to Pebblebrook’s strategic outlook. The Company’s Nominating and Corporate Governance Committee will oversee the framework. Highlights of the new framework include annual Board composition review to evaluate independence, tenure mix, skills coverage, engagement, committee needs and company context; targeting average independent trustee tenure of 12 years or less by the 2027 Shareholder Meeting; annual refresh of the Board skills/experience matrix to score the Board against the Company’s forward priorities and to define any need for temporary flexibility; a rolling, multi-year succession plan to identify anticipated transitions, desired capability additions and onboarding sequencing; annual Board, Committee, and individual evaluations to review assessment evaluations and the overall compositions of the Board; and refreshment execution to implement planned transitions. To align with the Company’s 12-year average independent trustee tenure goal, Ron E. Jackson has announced that he will not stand for re-election at the 2026 Annual Meeting of Shareholders. In addition, one other current Pebblebrook independent trustee is expected not to stand for re-election at the 2027 Annual Meeting of Shareholders. Announcement • Dec 19
Pebblebrook Hotel Trust to Report Q4, 2025 Results on Feb 25, 2026 Pebblebrook Hotel Trust announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 25, 2026 Announcement • Dec 15
Pebblebrook Hotel Trust Declares Cash Dividends on Common Share for Fourth Quarter of 2025, Payable on January 15, 2026 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 15, 2026, to shareholders of record as of December 31, 2025 . Announcement • Nov 20
An undisclosed buyer acquired Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) for $44.2 million. An undisclosed buyer acquired Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) for $44.2 million on November 19, 2025. A cash consideration of $44.25 million will be paid by the buyer. As part of consideration, $44.25 million is paid towards common equity of Le Montrose Hotel.
For the period ending September 30, 2025, Le Montrose Hotel reported net income of $2.3 million and EBITDA of $2.8 million.
An undisclosed buyer completed the acquisition of Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) on November 19, 2025. Announcement • Oct 28
Pebblebrook Hotel Trust (NYSE:PEB) announces an Equity Buyback for $150 million worth of its shares. Pebblebrook Hotel Trust (NYSE:PEB) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of its common stock. Announcement • Sep 15
Pebblebrook Hotel Trust Declares Dividends for Third Quarter Ending September 30, 2025, Payable on October 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a third quarter ending September 30, 2025 cash dividend of $0.01 per common share of beneficial interest, to be paid on October 15, 2025, to shareholders of record as of September 30, 2025. Announcement • Sep 02
Pebblebrook Hotel Trust to Report Q3, 2025 Results on Nov 05, 2025 Pebblebrook Hotel Trust announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Jul 02
Pebblebrook Hotel Trust to Report Q2, 2025 Results on Jul 29, 2025 Pebblebrook Hotel Trust announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Announcement • Jun 18
Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2025, Payable on July 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 15, 2025, to shareholders of record as of June 30, 2025. Announcement • Apr 08
Pebblebrook Hotel Trust, Annual General Meeting, May 23, 2025 Pebblebrook Hotel Trust, Annual General Meeting, May 23, 2025. Location: hunton andrews llp, 2200 pennsylvania avenue, nw,suite 900, washington ,dc 20037., United States Announcement • Mar 26
Pebblebrook Hotel Trust to Report Q1, 2025 Results on May 01, 2025 Pebblebrook Hotel Trust announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Mar 14
Pebblebrook Hotel Trust Declares Cash Dividend for First Quarter 2025, Payable on April 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2025, to shareholders of record as of March 31, 2025 (the “Record Date”). Announcement • Feb 27
Pebblebrook Hotel Trust Provides Earnings Guidance for the First Quarter and Full Year of 2025 Pebblebrook Hotel Trust provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects net loss of $33.9 million to $29.9 million.
For the full year, the company expects net loss of $15.5 million to $1.5 million. Announcement • Jan 14
Pebblebrook Hotel Trust to Report Q4, 2024 Results on Feb 26, 2025 Pebblebrook Hotel Trust announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Announcement • Dec 16
Pebblebrook Hotel Trust Declares Cash Dividend for the Fourth Quarter of 2024, Payable on January 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 15, 2025, to shareholders of record as of December 31, 2024 (the Record Date). Announcement • Nov 08
Pebblebrook Hotel Trust Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024 Pebblebrook Hotel Trust provided earnings guidance for the fourth quarter and full year of 2024. For the quarter, the company expects Net loss of $42.3 million to $38.3 million.
For the full year, the company expects Net loss of $19.4 million to $15.4 million. Announcement • Sep 16
Pebblebrook Hotel Trust Declares Quarterly Cash Dividend on Common Shares, Payable on October 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on October 15, 2024 to shareholders of record as of September 30, 2024. Announcement • Sep 03
Pebblebrook Hotel Trust to Report Q3, 2024 Results on Nov 07, 2024 Pebblebrook Hotel Trust announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Announcement • Jul 25
Pebblebrook Hotel Trust Provides Earnings Guidance for the Third Quarter and Full Year of 2024 Pebblebrook Hotel Trust provided earnings guidance for the third quarter and full year of 2024. For the third quarter, the company expects Net income of $7.5 million - $12.5 million.
For the full year the company expects Net loss of $13.0 million to $4.0 million. Announcement • Jun 15
Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2024, Payable on July 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 15, 2024 to shareholders of record as of June 28, 2024 (the Record Date). Announcement • May 23
Pebblebrook Hotel Trust to Report Q2, 2024 Results on Jul 24, 2024 Pebblebrook Hotel Trust announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Announcement • Apr 24
Pebblebrook Hotel Trust Provides Earnings Guidance for the Second Quarter of 2024 Pebblebrook Hotel Trust provided earnings guidance for the second quarter of 2024. For the quarter, the company expects Net income of $18.8 million to $23.8 million. Announcement • Mar 30
Pebblebrook Hotel Trust, Annual General Meeting, May 24, 2024 Pebblebrook Hotel Trust, Annual General Meeting, May 24, 2024, at 09:00 US Eastern Standard Time. Location: offices of Hunton Andrews Kurth LLP, 2200 Pennsylvania Avenue, NW, Suite 900 Washington, D.C United States Agenda: To consider and approve the appointment of KPMG as independent accounting firm; to consider and approve the election of trustee; and to consider and approve any other matters. Announcement • Mar 19
Pebblebrook Hotel Trust to Report Q1, 2024 Results on Apr 23, 2024 Pebblebrook Hotel Trust announced that they will report Q1, 2024 results After-Market on Apr 23, 2024 Announcement • Mar 15
Pebblebrook Hotel Trust Declares Cash Dividend for First Quarter of 2024, Payable on April 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2024 to shareholders of record as of March 29, 2024. Announcement • Feb 22
Pebblebrook Hotel Trust Provides Earnings Guidance for the Year 2024 Pebblebrook Hotel Trust provided earnings guidance for the year 2024. For the year, the company expects Net loss of $62.0 million to $47.0 million. Announcement • Dec 19
Pebblebrook Hotel Trust to Report Q4, 2023 Results on Feb 21, 2024 Pebblebrook Hotel Trust announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Announcement • Dec 16
Pebblebrook Hotel Trust Declares Quarterly Cash Dividend, Payable on January 16, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 16, 2024 to shareholders of record as of December 29, 2023 (the “Record Date”). Announcement • Oct 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Pebblebrook Hotel Trust provided earnings guidance for the fourth quarter and full year of 2023. For the quarter, the company expects net loss of $48.3 million to $42.3 million. For the year, the company expects net loss of $80.6 million to $74.6 million. Announcement • Oct 18
An unknown buyer executed a contract to acquire KMS Fishermans Wharf LP from Pebblebrook Hotel Trust (NYSE:PEB) for 68.5 million. An unknown buyer executed a contract to acquire KMS Fishermans Wharf LP from Pebblebrook Hotel Trust (NYSE:PEB) for 68.5 million on October 16, 2023. For the trailing twelve months ended September 30, 2023, the hotel’s net loss is estimated at ($1.2) million, its net operating income is estimated at $2.2 million, and its earnings before interest, taxes, depreciation and amortization (“EBITDA”) is estimated at $2.7 million. The $68.5 million sales price reflects a 25.0x EBITDA multiple and a 3.2% net operating income capitalization rate (assuming a capital reserve of 4.0% of total hotel revenues). The property sale is subject to normal closing conditions. The sale is targeted to be completed later in the fourth quarter of 2023. Proceeds from the sale of Hotel Zoe Fisherman’s Wharf will be used for general corporate purposes, including reducing the Company’s outstanding debt and repurchasing the Company’s common and preferred shares. Announcement • Sep 16
Pebblebrook Hotel Trust Declares Dividend for Third Quarter 2023, Payable on October 16, 2023 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on October 16, 2023 to shareholders of record as of September 29, 2023 (the “Record Date”). Announcement • Sep 09
Pebblebrook Hotel Trust to Report Q3, 2023 Results on Oct 26, 2023 Pebblebrook Hotel Trust announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 26, 2023 Announcement • Jul 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Third Quarter of 2023 Pebblebrook Hotel Trust provided earnings guidance for the third quarter of 2023. For the quarter, the company expects net income of $14.6 million to $20.6 million. Announcement • Jun 16
Pebblebrook Hotel Trust Declares Dividend for Second Quarter 2023, Payable on July 17, 2023 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 17, 2023 to shareholders of record as of June 30, 2023 (the “Record Date”). Announcement • Jun 02
Pebblebrook Hotel Trust to Report Q2, 2023 Results on Jul 27, 2023 Pebblebrook Hotel Trust announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 Announcement • May 27
An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) for $33.7 million. An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) for $33.7 million on May 24, 2023. Proceeds from the sale of Hotel Vintage Seattle will be used for general corporate purposes, which may include reducing the Company’s outstanding debt and repurchasing common and preferred shares. Hotel Vintage Park reported an EBITDA of $1.1 million and operating income of $0.8 million for the period end date March 31, 2023.
An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) on May 24, 2023. Announcement • May 12
InnVest Hotels LP acquired Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) for $63.3 million. InnVest Hotels LP acquired Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) for $63.3 million on May 9, 2023. For the trailing twelve months ended March 31, 2023, Hotel Monaco reported an EBIT of $1.6 million and EBITDA of $2.1 million. Proceeds from the sale of Hotel Monaco Seattle will be used for general corporate purposes, which may include reducing the Company’s outstanding debt and repurchasing common and preferred shares.InnVest Hotels LP completed the acquisition of Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) on May 9, 2023. Announcement • Jan 21
An unknown buyer agreed to acquire Heathman Hotel Portland LLC from Pebblebrook Hotel Trust (NYSE:PEB) for $45 million. An unknown buyer agreed to acquire Heathman Hotel Portland LLC from Pebblebrook Hotel Trust (NYSE:PEB) for $45 million on January 20, 2023. The sale of The Heathman Hotel is subject to normal closing conditions, and the Company offers no assurances that this sale will be completed on these terms, or at all. The sale is targeted to be completed later in the first quarter of 2023. Announcement • Jan 07
Pebblebrook Hotel Trust to Report Q4, 2022 Results on Feb 21, 2023 Pebblebrook Hotel Trust announced that they will report Q4, 2022 results After-Market on Feb 21, 2023 Announcement • Dec 16
Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter of 2022, Payable on January 17, 2023 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 17, 2023 to shareholders of record as of December 30, 2022 (the Record Date). Announcement • Oct 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022 Pebblebrook Hotel Trust provided earnings guidance for the fourth quarter and full year of 2022. For the quarter, the company expects net loss of $32.2 million to $24.2 million. For the year, the company expects net loss of $77.4 million to $69.4 million. Announcement • Oct 06
Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Ian Pebblebrook Hotel Trust announced that several of the Company’s resorts were impacted by Hurricane Ian. However, the Company does not expect the costs to repair and remediate damage from the storm to be material. The 189-room LaPlaya Beach Resort & Club (LaPlaya), a waterfront, luxury resort in Naples, Florida, closed beginning September 27, 2022, following a mandatory evacuation order. The resort will remain closed as the Company completes a full review and assessment of the damage to the condition of the property, which contains four buildings on six acres, including two buildings on the Gulf of Mexico. The Company, its operator, Noble House Hotels & Resorts, and its representatives are already working diligently to assess the property and its systems, while cleaning up and making repairs to curtail damages and to reopen the resort as soon as possible. At this time, the Company believes that the cost of repairing the property and recovering lost business income caused by the hurricane will not be material. The Company expects its property, flood, and business interruption insurance policies will mitigate the financial impact caused by the hurricane. The 119-room Inn on Fifth, located in downtown Naples, Florida, also closed beginning September 27, 2022, following a mandatory evacuation order. The property reopened on October 1, 2022. At this time, the Company believes that property damage caused by the hurricane was minor and the costs to repair the property will not be material. The Company’s remaining five other hotels and resorts in southern Florida and Georgia impacted by Hurricane Ian are open and operational. The Company believes that the cost to repair any property damage at these properties will not be material. Announcement • Sep 01
Pebblebrook Hotel Trust to Report Q3, 2022 Results on Oct 27, 2022 Pebblebrook Hotel Trust announced that they will report Q3, 2022 results After-Market on Oct 27, 2022 Announcement • Aug 04
An unknown buyer acquired Sofitel Philadelphia Hotel from Pebblebrook Hotel Trust (NYSE: PEB) for $80 million. An unknown buyer acquired Sofitel Philadelphia Hotel from Pebblebrook Hotel Trust (NYSE: PEB) for $80 million on August 2, 2022. The hotel’s net operating income was $3.1 million, and its Hotel EBITDA was $3.8 million.
An unknown buyer completed the acquisition of Sofitel Philadelphia Hotel from Pebblebrook Hotel Trust (NYSE: PEB) on August 2, 2022. Announcement • Jul 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Third Quarter of 2022 Pebblebrook Hotel Trust provided earnings guidance for the third quarter of 2022. For the quarter, the company expects net income of $24.7 million to $34.7 million. Announcement • Jun 30
An unknown buyer acquired The Marker San Francisco from Pebblebrook Hotel Trust (NYSE:PEB) for $77 million. An unknown buyer acquired The Marker San Francisco from Pebblebrook Hotel Trust (NYSE:PEB) for $77 million on June 28, 2022. Based on the hotel’s operating performance for 2019, the $77 million sales price reflects a 10.0x EBITDA multiple and an 8.8% net operating income capitalization rate. Proceeds from the sale will be used for general corporate purposes and reducing the Company's outstanding debt borrowings associated with recent hotel acquisitions, in accordance with the Company's investment strategy.
An unknown buyer completed the acquisition of The Marker San Francisco from Pebblebrook Hotel Trust (NYSE:PEB) on June 28, 2022. Announcement • Jun 29
Pebblebrook Hotel Trust Provides Unaudited Earnings Guidance for the Trailing Twelve Months Ended May 31, 2022 Pebblebrook Hotel Trust provided Unaudited earnings guidance for the Trailing Twelve Months Ended May 31, 2022. For the period, the company expects Hotel net income of $4.6 million and Hotel Net Operating Income of $2.0 million. Announcement • Jun 25
Pebblebrook Hotel Trust (NYSE:PEB) acquired Gurney's Newport Resort & Marina for approximately $170 million. Pebblebrook Hotel Trust (NYSE:PEB) acquired Gurney's Newport Resort & Marina for approximately $170 million on June 23, 2022. The company funded this transaction with available cash on hand and proceeds from its senior unsecured revolving credit facility. The resort will become part of Curator Hotel & Resort Collection. In addition, the company has the right to purchase the marina in 2027.
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of Gurney's Newport Resort & Marina on June 23, 2022. Announcement • May 17
Pebblebrook Hotel Trust, Annual General Meeting, Jun 21, 2022 Pebblebrook Hotel Trust, Annual General Meeting, Jun 21, 2022, at 09:00 US Eastern Standard Time. Location: Hunton Andrews Kurth LLP, 8405 Greensboro Drive, Suite 140, Tysons, Virginia 22102 Virginia United States Agenda: To consider proposal 3:Advisory Vote on the Compensation of Our Named Executive Officers. Announcement • May 13
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of The Inn On Fifth. Pebblebrook Hotel Trust (NYSE:PEB) executes a contract to acquire The Inn On Fifth for approximately $160 million on April 21, 2022. Pebblebrook intends to fund the acquisition with approximately $78.0 million of cash, funded in part by borrowings under the Company’s senior unsecured revolving credit facility and intends to issue approximately $77.6 million of perpetual preferred operating partnership units (3.104 million units at $25.00 per unit) with an annual distribution rate of 6.0% and approximately 16,291 units of limited partnership interest of Pebblebrook Hotel, L.P for $0.4 million. Upon completion of the acquisition, Pebblebrook will retain Noble House Hotels & Resorts to manage The Inn On Fifth hotel. The Inn On Fifth resort will also become part of Curator Hotel & Resort Collection. The purchase is expected to be completed by the end of the second quarter 2022 and is subject to customary closing conditions.
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of The Inn On Fifth on May 11, 2022. Announcement • Apr 27
PEBBLEBROOK HOTEL TRUST Provides Earnings Guidance for the Second Quarter 2022 PEBBLEBROOK HOTEL TRUST provided earnings guidance for the second quarter of 2022. For the quarter, company expects net income of $18.5 to $28.5 million. Announcement • Apr 22
Pebblebrook Hotel Trust (NYSE:PEB) executes a contract to acquire The Inn On Fifth for approximately $160 million. Pebblebrook Hotel Trust (NYSE:PEB) executes a contract to acquire The Inn On Fifth for approximately $160 million on April 21, 2022. Pebblebrook intends to fund the acquisition with approximately $78.0 million of cash and intends to issue approximately $77.6 million of perpetual preferred operating partnership units (3.104 million units at $25.00 per unit) with an annual distribution rate of 6.0% and approximately $0.4 million of common units. Upon completion of the acquisition, Pebblebrook will retain Noble House Hotels & Resorts to manage The Inn On Fifth hotel. The Inn On Fifth resort will also become part of Curator Hotel & Resort Collection. The purchase is expected to be completed by the end of the second quarter 2022 and is subject to customary closing conditions. Announcement • Apr 02
Pebblebrook Hotel Trust, Annual General Meeting, May 16, 2022 Pebblebrook Hotel Trust, Annual General Meeting, May 16, 2022, at 09:00 US Eastern Standard Time. Location: hunton andrews kurth llp, 8405 greensboro drive, suite 140 Tysons Virginia United States Agenda: To consider election of trustees to serve until our 2023 annual meeting of shareholders and until their successors are duly elected and qualified; to ratification of the appointment of kpmg llp as our independent registered public accountants for the year ending December 31, 2022; to advisory vote approving the compensation of our named executive officers; to approve an amendment of the 2009 equity incentive plan to extend its maturity date; and to consider and act upon any other business that may be properly brought before the annual meeting. Announcement • Mar 23
Pebblebrook Hotel Trust to Report Q1, 2022 Results on Apr 26, 2022 Pebblebrook Hotel Trust announced that they will report Q1, 2022 results After-Market on Apr 26, 2022 Announcement • Feb 24
Pebblebrook Hotel Trust Provides Earnings Guidance for the First Quarter of 2022 Pebblebrook Hotel Trust provided earnings guidance for the first quarter of 2022. For the Period, The company expects net loss to be $67.7 million - $72.7 million. Announcement • Dec 02
Pebblebrook Hotel Trust (NYSE:PEB) acquired Estancia La Jolla Hotel & Spa for approximately $110 million. Pebblebrook Hotel Trust (NYSE:PEB) acquired Estancia La Jolla Hotel & Spa for approximately $110 million on December 1, 2021. Pebblebrook funded the acquisition with approximately $46 million of cash on hand, and it assumed approximately $62 million of existing non-recourse, secured debt. Pebblebrook retained Noble House Hotels & Resorts to manage the resort.
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of Estancia La Jolla Hotel & Spa on December 1, 2021. Announcement • Sep 24
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of Margaritaville Hollywood Beach Resort, L.P. from KSL Advisors, LLC. Pebblebrook Hotel Trust (NYSE:PEB) agreed to acquire to acquire Margaritaville Hollywood Beach Resort, L.P. from KSL Advisors, LLC for $270 million on June 23, 2021. Pebblebrook Hotel funded the acquisition with approximately $108.5 million of cash on hand, and assumed the $161.5 million of existing non-recourse, secured debt. The purchase is subject to normal closing conditions, and the Company offers no assurances that this acquisition will be completed on these terms or at all. The transaction is expected to be completed by the end of the third quarter of 2021.
Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of Margaritaville Hollywood Beach Resort, L.P. from KSL Advisors, LLC on September 23, 2021. Announcement • Jun 08
An unaffiliated third party executed a contract to acquire an unknown leasehold interest in Roger Williams Hotel Associates, Inc. An unaffiliated third party executed a contract to acquire an unknown leasehold interest in Roger Williams Hotel Associates, Inc. on June 7, 2021. The transaction is subject to normal closing conditions. Announcement • Mar 16
Pebblebrook Hotel Trust Declares Quarterly Dividend Payable on April 15, 2021 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2021 to shareholders of record as of March 31, 2021. Announcement • Mar 04
Pebblebrook Hotel Trust to Report Q1, 2021 Results on Apr 29, 2021 Pebblebrook Hotel Trust announced that they will report Q1, 2021 results After-Market on Apr 29, 2021 Announcement • Feb 12
Melody Investment Advisors Expands Rooftop Portfolio Via Partnership with Pebblebrook Hotel Trust Melody Investment Advisors LP and Pebblebrook Hotel Trust announced an investment by Melody of cell site installations with regards to 14 rooftop wireless assets at 11 of Pebblebrook's hotels and resorts. In addition to Melody's investment, Melody and Pebblebrook have also established a strategic marketing and revenue sharing agreement covering the same 11 Pebblebrook properties. Announcement • Feb 04
An unknown buyer executed a contract to acquire Sir Francis Drake Hotel Associates, L.P. from Pebblebrook Hotel Trust (NYSE:PEB). An unknown buyer executed a contract to acquire Sir Francis Drake Hotel Associates, L.P. from Pebblebrook Hotel Trust (NYSE:PEB) on February 3, 2021. Pebblebrook Hotel Trust expects it will generate $157.6 million of proceeds after customary closing costs. The sale of is subject to normal closing conditions, and the company is targeting to complete the sale within 60 days. Announcement • Jan 13
Pebblebrook Hotel Trust to Report Q4, 2020 Results on Feb 23, 2021 Pebblebrook Hotel Trust announced that they will report Q4, 2020 results After-Market on Feb 23, 2021 Announcement • Nov 18
Pebblebrook Hotel Trust Launches Curator Hotel & Resort Collection Pebblebrook Hotel Trust 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 their unique identity. Created by owners and operators, Curator gives its members the power to compete together on their own terms, unbound by strict rules or constraints. As of now, Curator's seven founding members represent an exceptional collection of more than 120 independent lifestyle hotels and resorts throughout the United States, with many more poised to participate over the next six to 12 months. In addition to Pebblebrook, the founding members of Curator include Benchmark Global Hospitality, Davidson Hotels & Resorts, Noble House Hotels & Resorts, Provenance Hotels, Springboard Hospitality, and Viceroy Hotels & Resorts. There is no one-size-fits-all uniformity for the Curator Hotel & Resort Collection. Instead, each property provides its own authentic and memorable experience with the freedom to operate on its own terms. Quality assurance comes from customer ratings rather than mandated standards, allowing Curator's members to focus on being themselves and providing standout guest experiences rather than conforming to restrictive checklists, standards, and rules. Curator also amplifies the performance of independent lifestyle hotels, giving them an alternative to consolidation and saturation while providing them with the benefits and support that come with belonging to a larger collection of like-minded unique properties. Leveraging the power of scale, Curator drives significant operating cost savings for its members through an array of curated benefits and initiatives. With its competitive market knowledge, Curator can utilize its economies of scale advantage to provide its members better and less expensive products and services. Curator takes care of vendor negotiations so that its members don't have to, executing and managing advantageous portfolio-level agreements to help owners reduce operating costs and increase profit. Members also benefit from shared business intelligence reporting, insights and proprietary tools and technology solutions, all of which help guide and focus key operational activities and cost-saving efforts. These initiatives allow owners to focus more time and resources on attracting customers and growing revenues. Strengthening independent hotels, Curator Hotel & Resort Collection will lift the industry as a whole by providing increased consumer choice. For consumers, Curator believes the fun is in the find – providing guests the freedom to decide what they want and the excitement of discovering it. The Curator Collection website will serve as an online matchmaker between collection members and guests. The portal will magnify the visibility and reach of small brands and independent hotels by connecting them directly with consumers, who will handpick their hotels based on their preferences. A Curator badge will also appear on participating hotel websites to celebrate genuinely independent lifestyle hotels and make selecting one that much easier and more fun. Guests can feel confident knowing that booking a Curator property will provide the sense of place they seek when traveling, paired with a world-class guest experience, to help them create a travel lifestyle that is uniquely their own. Announcement • Sep 25
Pebblebrook Hotel Trust to Report Q3, 2020 Results on Oct 29, 2020 Pebblebrook Hotel Trust announced that they will report Q3, 2020 results on Oct 29, 2020 Announcement • Jul 08
Pebblebrook Hotel Trust to Report Q2, 2020 Results on Jul 30, 2020 Pebblebrook Hotel Trust announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 30, 2020