Pebblebrook Hotel Trust (PEB) Tops Q1 FFO by 10c

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Pebblebrook Hotel Trust Reports First Quarter 2016 Results

April 27, 2016 4:01 PM EDT

Same-Property EBITDA Increased 15.2 Percent; Same-Property RevPAR Increased 8.0 Percent; Adjusted EBITDA Rose 44.8 Percent; Adjusted FFO Per Diluted Share Climbed 64.7 Percent

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today reported results for the first quarter ended March 31, 2016. The Companys results include the following:

  First Quarter 2016   2015

($ in millions except per share and RevPAR data)

Net income to common shareholders $6.6   $0.7 Net income per diluted share $0.09 $0.01   Same-Property RevPAR(1) $195.01 $180.50 Same-Property RevPAR growth rate 8.0%  ... More