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Pebblebrook Hotel Trust (PEB.N)

PEB.N on New York Stock Exchange

30.95USD
17 May 2019
Change (% chg)

$-0.27 (-0.86%)
Prev Close
$31.22
Open
$30.96
Day's High
$31.16
Day's Low
$30.76
Volume
221,511
Avg. Vol
276,433
52-wk High
$41.65
52-wk Low
$26.60

Latest Key Developments (Source: Significant Developments)

Pebblebrook Hotel Trust Reports 2018 Results And Provides 2019 Outlook
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - Pebblebrook Hotel Trust ::REPORTS 2018 RESULTS AND PROVIDES 2019 OUTLOOK.QTRLY ADJUSTED FFO PER DILUTED SHARE $0.33.SAME-PROPERTY TOTAL REVPAR FOR QUARTER REMAINED FLAT TO 2017 AT $255.98.SEES 2019 ADJUSTED FFO PER DILUTED SHARE $2.59 - $2.67.SEES 2019 SAME-PROPERTY REVPAR $210 - $214.SEES Q1 ADJUSTED FFO PER DILUTED SHARE $0.38 - $0.41.SEES 2019 PROFORMA ADJUSTED FFO PER DILUTED SHARE $2.67 - $2.75.SEES Q1 PROFORMA SAME-PROPERTY REVPAR $183 - $187.SEES Q1 PROFORMA ADJUSTED FFO PER DILUTED SHARE $0.40 - $0.42.FY2019 FFO PER SHARE VIEW $2.65 -- REFINITIV IBES DATA.Q1 FFO PER SHARE VIEW $0.48 -- REFINITIV IBES DATA.  Full Article

Pebblebrook Hotel Trust Updates 2018 Outlook
Thursday, 20 Dec 2018 

Dec 19 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST UPDATES 2018 OUTLOOK TO REFLECT ACQUISITION OF LASALLE HOTEL PROPERTIES AND THE SALE OF THE GRAND HOTEL MINNEAPOLIS.PEBBLEBROOK HOTEL TRUST - INTEGRATION OF 36 LASALLE-LEGACY HOTELS REMAINS ON TRACK AND WITHIN PREVIOUS EXPECTATIONS.PEBBLEBROOK HOTEL TRUST - EXPECTED TRANSACTION AND CLOSING COSTS FOR LASALLE ACQUISITION LOOK TO BE BELOW COMPANY'S PREVIOUS FORECAST.PEBBLEBROOK HOTEL TRUST - SEES 2018 ADJUSTED FFO PER DILUTED SHARE $2.37 - $2.44.PEBBLEBROOK HOTEL TRUST - SEES 2018 SAME-PROPERTY REVPAR BETWEEN $200 TO $202.PEBBLEBROOK - MAKING PROGRESS ON STRATEGIC DISPOSITION PROGRAM TO SELL BETWEEN $750 MILLION & $1.25 BILLION LASALLE-LEGACY HOTELS OVER NEXT 6 TO 12 MONTHS.  Full Article

Pebblebrook Hotel Trust Comments On ISS And Glass Lewis Recommendations
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST COMMENTS ON THE ISS AND GLASS LEWIS RECOMMENDATIONS FOR THE PROPOSED ACQUISITION OF LASALLE HOTEL PROPERTIES.PEBBLEBROOK HOTEL TRUST - TRANSACTION IS EXPECTED TO CLOSE ON NOVEMBER 30, 2018.  Full Article

Pebblebrook Hotel Trust Reports Q3 Adjusted FFO Per Diluted Share $0.74
Friday, 2 Nov 2018 

Nov 1 (Reuters) - Pebblebrook Hotel Trust ::REPORTS THIRD QUARTER 2018 RESULTS.MERGER WITH LASALLE EXPECTED TO CLOSE ON NOVEMBER 30, 2018.QTRLY ADJUSTED FFO PER DILUTED SHARE $0.74.Q3 FFO PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.QTRLY SAME-PROPERTY TOTAL REVPAR GROWTH RATE 1.5%.FOR Q4, COMPANY ANTICIPATES APPROXIMATELY 420 BASIS POINTS OF NEGATIVE IMPACT TO PORTFOLIO REVPAR GROWTH.SEES 2018 ADJUSTED FFO PER DILUTED SHARE $2.57 - $2.64.FY2018 FFO PER SHARE VIEW $2.64 -- THOMSON REUTERS I/B/E/S.  Full Article

Pebblebrook Hotel Trust Originates $1.75 Bln Financing For The Merger With Lasalle Hotel Properties
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST ORIGINATES $1.75 BILLION FINANCING FOR THE MERGER WITH LASALLE HOTEL PROPERTIES.PEBBLEBROOK HOTEL TRUST - MERGER WITH LASALLE REMAINS ON TRACK TO CLOSE ON NOVEMBER 30.PEBBLEBROOK HOTEL TRUST - $1.75 BILLION TERM LOAN MATURES IN FIVE INDIVIDUAL TRANCHES BETWEEN 2020 AND 2024.  Full Article

Pebblebrook Hotel Trust Reports Q1 Adjusted FFO Per Diluted Share Of $0.67
Friday, 27 Apr 2018 

April 26 (Reuters) - Pebblebrook Hotel Trust ::REPORTS FIRST QUARTER 2018 RESULTS AND INCREASES 2018 OUTLOOK.QTRLY ADJUSTED FFO PER DILUTED SHARE $0.67.COMPANY HAS INCREASED ITS OUTLOOK FOR 2018.SEES 2018 ADJUSTED FFO PER DILUTED SHARE $2.56 TO $2.69.Q1 FFO PER SHARE VIEW $0.61 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $2.64 -- THOMSON REUTERS I/B/E/S.EXPECTS TO COMPLETE ADDITIONAL SCHEDULED REPAIR WORK LATER IN 2018.  Full Article

Lasalle Hotel Properties Issues Statement In Response To Pebblebrook Hotel Trust's Revised Unsolicited Proposal
Tuesday, 24 Apr 2018 

April 24 (Reuters) - LaSalle Hotel Properties ::LASALLE HOTEL PROPERTIES ISSUES STATEMENT IN RESPONSE TO PEBBLEBROOK HOTEL TRUST'S REVISED UNSOLICITED PROPOSAL.LASALLE HOTEL PROPERTIES - CONFIRMED THAT ON APRIL 20 RECEIVED FROM PEBBLEBROOK HOTEL TRUST FURTHER REVISED UNSOLICITED PROPOSAL TO ACQUIRE CO.  Full Article

Pebblebrook Hotel Trust Expects Q1 AFFO Shr $0.63 - $0.65
Thursday, 12 Apr 2018 

April 12 (Reuters) - Pebblebrook Hotel Trust ::PROVIDES UPDATE ON FIRST QUARTER 2018 OUTLOOK.SEES Q1 AFFO SHR $0.63 - $0.65.Q1 FFO PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 SAME-PROPERTY REVPAR GROWTH OF DOWN 0.50% TO DOWN 0.25% ."ENCOURAGED" BY IMPROVED BUSINESS TRAVEL DEMAND DURING Q1, WHICH WAS MUCH STRONGER THAN EXPECTED.POSITIVE BUSINESS TRAVEL TRENDS SEEM TO BE CONTINUING INTO Q2.  Full Article

Pebblebrook Hotel Trust Releases Letters To Lasalle Hotel Properties Proposing Merger
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST RELEASES LETTERS TO LASALLE HOTEL PROPERTIES PROPOSING MERGER.PEBBLEBROOK HOTEL TRUST - ‍PROPOSAL REPRESENTED AN IMPLIED MERGER PRICE OF $30.001 PER LASALLE COMMON SHARE​.PEBBLEBROOK HOTEL TRUST - RELEASED 2 LETTERS, DATED MARCH 6, & MARCH 20, 2018, TO LASALLE HOTEL PROPERTIES IN WHICH CO PROPOSED SHARE-FOR-SHARE MERGER.PEBBLEBROOK HOTEL TRUST - ‍PEBBLEBROOK IS PREPARED TO ENGAGE IN DISCUSSIONS AROUND PRICE AND MIX OF CONSIDERATION AS WARRANTED BY "DUE DILIGENCE"​.PEBBLEBROOK HOTEL TRUST - AS OF CLOSE ON MARCH 27, 2018, IMPLIED MERGER PRICE WAS $29.95 PER LASALLE COMMON SHARE.PEBBLEBROOK HOTEL TRUST - DEAL ‍COMBINATION WILL BE STRUCTURED AS A TAX-FREE, 100% EQUITY EXCHANGE​.PEBBLEBROOK HOTEL TRUST - ‍PEBBLEBROOK WILL ISSUE NEW SHARES TO LASALLE'S SHAREHOLDERS AND REMAIN AS SURVIVING ULTIMATE PARENT ENTITY​.  Full Article

Pebblebrook Hotel Trust Qtrly‍ Adjusted FFO Per Diluted Share $0.49​
Friday, 23 Feb 2018 

Feb 22 (Reuters) - Pebblebrook Hotel Trust ::REPORTS 2017 RESULTS AND PROVIDES 2018 OUTLOOK.QTRLY ‍ ADJUSTED FFO PER DILUTED SHARE $0.49​.‍ SAME-PROPERTY REVPAR FOR QUARTER FELL BY 0.1 PERCENT OVER 2016 TO $188.54​.‍NET INCOME WAS $11.9 MILLION IN Q4 OF 2017, DECLINING $6.5 MILLION AS COMPARED TO SAME PERIOD OF 2016​.SEES ‍2018 NET INCOME $79.7 MILLION - $89.7 MILLION​.SEES ‍ 2018 ADJUSTED FFO PER DILUTED SHARE $2.46 - $2.61​.SEES ‍2018 SAME-PROPERTY REVPAR TO FALL BY 0.5 PERCENT TO RISE BY 1.5 PERCENT​.Q4 FFO PER SHARE VIEW $0.43 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $2.64 -- THOMSON REUTERS I/B/E/S.  Full Article

REFILE-BRIEF-Pebblebrook Hotel Trust Board Increased Its Size From Six To Seven Trustees

* PEBBLEBROOK HOTEL TRUST - ON APRIL 26 BOARD INCREASED ITS SIZE FROM SIX TO SEVEN TRUSTEES Source text: (http://bit.ly/2UL1Oxm) Further company coverage: (Reuters.Briefs@thomsonreuters.com)