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Pebblebrook Hotel Trust (PEB.N)

PEB.N on New York Stock Exchange

32.91USD
14 Dec 2018
Change (% chg)

$-0.33 (-0.99%)
Prev Close
$33.24
Open
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$33.42
Day's Low
$32.67
Volume
350,567
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474,731
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$41.65
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$31.06

Latest Key Developments (Source: Significant Developments)

Pebblebrook Hotel Trust Declares Second Prorated Dividend For Q4 2018
Friday, 14 Dec 2018 08:00am EST 

Dec 14 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST DECLARES SECOND PRORATED DIVIDEND FOR FOURTH QUARTER 2018.PEBBLEBROOK HOTEL TRUST - BOARD OF TRUSTEES HAS AUTHORIZED, & CO HAS DECLARED, PRORATED CASH DIVIDEND OF $0.1321739/COMMON SHARE OF BENEFICIAL INTEREST.  Full Article

LaSalle Shareholders Approve Merger With Pebblebrook
Tuesday, 27 Nov 2018 01:08pm EST 

Nov 27 (Reuters) - LaSalle Hotel Properties ::LASALLE SHAREHOLDERS APPROVE MERGER WITH PEBBLEBROOK.  Full Article

Shareholders Of Pebblebrook And LaSalle Approve Acquisition-Related Proposals
Tuesday, 27 Nov 2018 01:05pm EST 

Nov 27 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST ANNOUNCES RESULTS OF SPECIAL MEETINGS OF SHAREHOLDERS.PEBBLEBROOK HOTEL TRUST - SHAREHOLDERS OF BOTH PEBBLEBROOK AND LASALLE APPROVE ACQUISITION-RELATED PROPOSALS.PEBBLEBROOK HOTEL TRUST - EXPECT TO COMPLETE TRANSACTION ON NOVEMBER 30, 2018.  Full Article

Pebblebrook Hotel Trust And Lasalle Hotel Properties Say Merger Expected To Close Nov. 30
Tuesday, 9 Oct 2018 08:00am EDT 

Oct 9 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST AND LASALLE HOTEL PROPERTIES PROVIDE UPDATE ON PROGRESS TOWARDS STRATEGIC COMBINATION.PEBBLEBROOK HOTEL TRUST - CO, LASALLE HOTEL PROPERTIES ANNOUNCED THAT PENDING MERGER TRANSACTION IS ON SCHEDULE FOR A PLANNED CLOSING DATE OF NOV. 30.PEBBLEBROOK HOTEL TRUST - CO, LASALLE WILL EACH HOLD A SPECIAL MEETING OF ITS SHAREHOLDERS ON NOV. 27 TO APPROVE CO'S PROPOSED ACQUISITION OF LASALLE.  Full Article

Pebblebrook Hotel Trust Says 3 Of Lasalle's Hotel Properties Are Under Contract To Be Sold
Thursday, 13 Sep 2018 05:50pm EDT 

Sept 13 (Reuters) - LaSalle Hotel Properties ::PEBBLEBROOK HOTEL TRUST SAYS 3 OF LASALLE'S HOTEL PROPERTIES ARE UNDER CONTRACT TO BE SOLD REGARDING COMPLETION OF LASALLE MERGER FOR $715 MILLION - SEC FILING.  Full Article

Pebblebrook Hotel Trust QTRLY Adjusted FFO Per Diluted Share $0.81
Wednesday, 25 Jul 2018 04:06pm EDT 

Pebblebrook Hotel Trust ::REPORTS SECOND QUARTER 2018 RESULTS.QTRLY ADJUSTED FFO PER DILUTED SHARE $0.81.SEES 2018 ADJUSTED FFO PER DILUTED SHARE$2.56-$2.66.SEES Q3 ADJUSTED FFO PER DILUTED SHARE$0.67-$0.72.  Full Article

Pebblebrook Letter To Lasalle Hotel Revises Merger Proposal
Monday, 16 Apr 2018 06:30am EDT 

April 16 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST RELEASES LETTER TO BOARD OF LASALLE HOTEL PROPERTIES, REVISES MERGER PROPOSAL AND SUBSTANTIALLY RAISES OFFER PRICE.PEBBLEBROOK HOTEL TRUST - REVISED PROPOSAL FOR 100% OF LASALLE'S OUTSTANDING COMMON SHARES IMPLIES A MERGER PRICE OF $31.75 PER LASALLE COMMON SHARE.PEBBLEBROOK HOTEL TRUST - IMPLIED PRICE OF $31.75 PER SHARE BASED ON INCREASED FIXED EXCHANGE RATIO OF 0.8944 PEBBLEBROOK SHARE FOR EACH LASALLE SHARE.PEBBLEBROOK HOTEL TRUST - "DISAPPOINTED" THAT LASALLE HAS NOT RESPONDED TO REVISED PROPOSAL.PEBBLEBROOK HOTEL TRUST - REVISED PROPOSAL ALSO PROVIDES LASALLE'S SHAREHOLDERS WITH OPTION TO ELECT TO GET CASH UP TO MAXIMUM OF 15%.  Full Article

Pebblebrook Hotel Trust Announces Inadvertent Disclosure Of Draft Document
Thursday, 12 Apr 2018 04:05pm EDT 

Pebblebrook Hotel Trust ::ANNOUNCES INADVERTENT DISCLOSURE OF DRAFT DOCUMENT.ON APRIL 12, CO INADVERTENTLY POSTED ON WEBSITE INITIAL WORKING DRAFT RELATING TO CO'S Q1 2018 FINANCIAL & OPERATING RESULTS.CO IS AWARE THAT WHEN DOCUMENT WAS ON WEBSITE, CERTAIN AUTOMATED WEB SEARCH PROCESSES DISCOVERED & DISSEMINATED DOCUMENT.SAYS CO "QUICKLY DISCOVERED" THE ERROR AND IMMEDIATELY REMOVED THE DOCUMENT FROM ITS WEBSITE.COMPANY DID NOT AUTHORIZE RELEASE OF DOCUMENT RELATED TO Q1 2018 FINANCIAL RESULTS.  Full Article

LaSalle Hotel Properties Rejects Unsolicited Proposal From Pebblebrook Hotel Trust
Wednesday, 28 Mar 2018 11:35am EDT 

March 28 (Reuters) - LaSalle Hotel Properties ::LASALLE HOTEL PROPERTIES BOARD OF TRUSTEES CONFIRMS UNANIMOUS REJECTION OF UNSOLICITED PROPOSAL FROM PEBBLEBROOK HOTEL TRUST.LASALLE HOTEL PROPERTIES SAYS PROPOSAL FROM PEBBLEBROOK HOTEL TRUST "SIGNIFICANTLY UNDERVALUES LASALLE AND IS NOT IN THE BEST INTERESTS OF SHAREHOLDERS".LASALLE HOTEL PROPERTIES - EXPECTS TO PAY QTRLY DIVIDEND OF $0.225/COMMON SHARE FOR EACH OF QTRS ENDING JUNE 30, SEPTEMBER 30 AND DECEMBER 31, 2018.  Full Article

Pebblebrook Hotel Trust provides update on reopening of Laplaya Beach Resort & Club
Monday, 20 Nov 2017 08:00am EST 

Nov 20 (Reuters) - Pebblebrook Hotel Trust :Pebblebrook Hotel Trust provides update on reopening of laplaya beach resort & club following hurricane irma.Pebblebrook Hotel Trust - ‍full restoration of laplaya continues to be on target for completion early in q1 of 2018​.  Full Article

Pebblebrook to buy LaSalle Hotel in $5.2 billion deal

U.S. hotel owner Pebblebrook Hotel Trust said it agreed to buy LaSalle Hotel Properties in a $5.2 billion cash-and-stock deal, a day after ditching a $4.8 billion all-cash offer from private equity firm Blackstone Group LP.