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PEB-News
PEB-Events
Company Reports Q3 Revenue of $402.75M
Reports Q3 revenue $402.75M, consensus $392.24M.
Pebblebrook Hotel Sees Q4 AFFO Between 26c and 30c
Pebblebrook Hotel sees Q4 AFFO 26c-30c
Pebblebrook Hotel Trust Sells The Hotel Zags for $10M
Pebblebrook Hotel Trust announced that on October 8, 2026, it completed the sale of The Hotel Zags, a 174-room hotel in Portland, Oregon, for $10M to a third party. For the trailing twelve months ended August 31, 2026, the hotel's estimated net operating loss was ($0.8M), after an assumed annual capital reserve of 4.0% of total hotel revenues, and its estimated hotel earnings before interest, taxes, depreciation, and amortization was ($0.6M). Pebblebrook expects to use the sale proceeds for general corporate purposes. This transaction is not expected to affect the Company's current third quarter 2026 Outlook, which was issued on July 29, 2026.
Pebblebrook Hotel Trust Appoints Bill Bayless to Board of Trustees
Pebblebrook Hotel Trust announced that Bill Bayless joined its Board of Trustees. Bayless is the CEO of Maslow Campus Communities. Following Mr. Bayless's appointment, Pebblebrook's Board of Trustees consists of eight members, seven of whom are independent.
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