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Pebblebrook Hotel Trust (PEB) Tops Q3 AFFO by 6c

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Pebblebrook Hotel Trust Reports Third Quarter 2016 Results

October 27, 2016 4:02 PM EDT

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today reported results for the third quarter ended September 30, 2016. The Companys results include the following:

          Third Quarter

Nine Months Ended,September 30

2016   2015 2016   2015 ($ in millions except per share and RevPAR data) Net income (loss) ($35.5) $38.2 $55.5 $72.0   Same-Property RevPAR(1) $231.34 $231.60 $216.92 $210.54 Same-Property RevPAR growth rate (0.1%) 3.0%   Same-Property Wholly Owned EBITDA(1) $80.7 $80.6 $220.7 $208.9 Same-Property Wholly Owned EBITDA growth rate 0.2% 5.6% Same-Property Wholly Owned EBITDA Margin(1) 38.6%... More