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Pebblebrook Hotel Trust (PEB)

PEB on New York Consolidated

29.69USD
29 Jul 2016
Change (% chg)

$0.49 (+1.68%)
Prev Close
$29.20
Open
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$29.71
Day's Low
$29.00
Volume
190,010
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982,539
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$41.22
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Latest Key Developments (Source: Significant Developments)

Pebblebrook Hotel Trust qtrly adjusted FFO per diluted share $0.81
Monday, 25 Jul 2016 04:01pm EDT 

Pebblebrook Hotel Trust : Qtrly same-property revpar $223.96 million versus $218.51 million . Sees Q3 adjusted FFO per diluted share $0.72 to $0.77 . Pebblebrook Hotel Trust reports second quarter 2016 results . Qtrly adjusted FFO per diluted share $0.81 . Sees FY adjusted FFO per diluted share $2.63 to $2.73 .Sees Q3 same-property revpar $229 million to $234 million.  Full Article

Pebblebrook Hotel Trust sees 2016 adj. FFO per share $2.60-$2.76
Monday, 6 Jun 2016 05:34pm EDT 

Pebblebrook Hotel Trust : Pebblebrook Hotel Trust updates 2016 outlook to reflect completed property sales and successful preferred equity offering . Sees 2016 adjusted FFO per diluted share $2.60 - $2.76 . Sees Q2 adjusted FFO per diluted share $0.72-$0.76 . Sees 2016 same-property REVPAR growth rate of 2.0 pct - 4.0 pct . Property revpar growth rate 1.0 pct - 2.25 pct . FY2016 FFO per share view $2.80 -- Thomson Reuters I/B/E/S .Q2 FFO per share view $0.77 -- Thomson Reuters I/B/E/S.  Full Article

Pebblebrook Hotel Trust prices public offering of 6.375% Series D shares
Thursday, 2 Jun 2016 04:15pm EDT 

Pebblebrook Hotel Trust - : Pebblebrook Hotel Trust prices public offering of 6.375% series d cumulative redeemable preferred shares . Says price offering of 5 million shares of its 6.375% Series D cumulative preferred shares at $25.00 per share .Says net proceeds of approximately $120.9 million from offering.  Full Article

Pebblebrook Hotel Trust declares dividend for first quarter 2016 and increases common dividend by 23%
Tuesday, 15 Mar 2016 07:00am EDT 

Pebblebrook Hotel Trust:Board of Trustees has authorized, and Company has declared, a quarterly cash dividend of $0.38 per common share of beneficial interest, to be paid on April 15, 2016 to shareholders of record as of March 31.  Full Article

Pebblebrook Hotel Trust gives FY 2016 Same-Property RevPAR guidance; gives FY 2016 earnings guidance
Monday, 22 Feb 2016 04:01pm EST 

Pebblebrook Hotel Trust:Sees FY 2016 Net income $65.7 mln - $77.7 mln.Sees FY 2016 Net income per diluted share $0.90 - $1.07.Sees FY 2016 Adjusted EBITDA $276.0 mln - $288.0 mln.Sees FY 2016 Adjusted FFO per diluted share $2.67 -$2.84.Forecasting FY 2016 Same-Property RevPAR to increase 2.0 to 4.0 percent and Same-Property Room Revenue to increase 2.7 percent to 4.7 percent.  Full Article

Pebblebrook Hotel Trust originates $150.0 mln in term loan proceeds
Wednesday, 6 Jan 2016 07:00am EST 

Pebblebrook Hotel Trust:Has exercised the accordion options on two of its existing unsecured term loans to borrow an additional $150.0 million.Existing $125 million term loan maturing in January 2021 and existing $100 million term loan maturing in April 2022 were increased by $75 million each.  Full Article

Pebblebrook Hotel Trust declares dividend for the fourth quarter 2015
Tuesday, 15 Dec 2015 07:00am EST 

Pebblebrook Hotel Trust:Declared, a quarterly cash dividend of $0.31 per common share of beneficial interest, to be paid on January 15, 2016 to shareholders of record as of December 31, 2015.  Full Article

Pebblebrook Hotel Trust updates FY 2015 Same-Property RevPAR guidance; updates FY 2015 earnings guidance
Thursday, 22 Oct 2015 04:01pm EDT 

Pebblebrook Hotel Trust:Expects FY 2015 net income (Loss ) in the range of $65.3 - $67.3 million.Expects FY 2015 net income per diluted share in the range of $0.90 - $0.93.Expects FY 2015 adjusted EBITDA in the range of $259.3 - $261.3 million.Expects FY 2015 adjusted FFO per diluted share in the range of $2.47 - $2.50.Expects FY 2015 U.S. Hotel Industry RevPAR growth rate in the range of 6.0% - 7.0%.Expects FY 2015 Same-Property RevPAR growth rate in the range of 3.5- 4.0 pct.FY 2015 EBITDA of $263.2 million and FFO of $2.51 - Thomson Reuters I/B/E/S.  Full Article

Pebblebrook Hotel Trust declares dividends
Tuesday, 15 Sep 2015 07:00am EDT 

Pebblebrook Hotel Trust:Says that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.31 per common share of beneficial interest, to be paid on Oct.15 to shareholders of record as of Sept. 30.  Full Article

Pebblebrook Hotel Trust announces Pebblebrook Hotel, L.P's credit agreement with PNC Bank, National Association - Form 8-K
Friday, 12 Jun 2015 05:00pm EDT 

Pebblebrook Hotel Trust:On June 10, 2015, the “company”, as parent guarantor, Pebblebrook Hotel, L.P., as borrower and certain indirect subsidiaries of the Borrower entered into a Credit Agreement with PNC Bank, National Association, as administrative agent, and certain other lenders named therein.The Term Loan Credit Agreement provides for a $125 million unsecured term loan facility.Pursuant to the Term Loan Credit Agreement, the company and certain indirect subsidiaries of the company guarantee to the Lenders all of the obligations of the Borrower.From time to time, the Borrower may be required to cause additional subsidiaries to become guarantors under the Term Loan Credit Agreement.The Term Loan Credit Agreement provides for a $125 million unsecured term loan facility, which matures on Jan. 10, 2021.Borrowings under the unsecured term loan facility will bear interest at a rate per annum equal to, at the option of the company, (i) LIBOR plus a margin that is based upon the company’s leverage ratio or (ii) the Base Rate plus a margin that is based on the company’s leverage ratio.The margins range in amount from 1.45 pct to 2.20 pct. for LIBOR-based loans and 0.45 pct. to 1.20 pct. for Base Rate-based loans, depending on the company’s leverage ratio.  Full Article

BRIEF-Pebblebrook Hotel Trust closes public offering

* Pebblebrook Hotel Trust announces closing of public offering of 6.375 pct Series D cumulative redeemable preferred shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)