Pebblebrook Hotel Trust (PEB) Tops Q2 AFFO by 6c

Pebblebrook Hotel Trust Reports Second Quarter 2016 Results

July 25, 2016 4:01 PM EDT

Net Income Increased 180.0 Percent; Adjusted EBITDA Rose 6.7 Percent; Adjusted FFO Per Diluted Share Climbed 12.5 Percent

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

  Second Quarter   Six Months Ended, June 30 2016   2015 2016   2015 ($ in millions except per share and RevPAR data) Net income (loss) $74.4   $26.6 $91.1   $33.8   Same-Property RevPAR(1) $223.96 $218.51 $209.58 $199.75 Same-Property RevPAR growth rate 2.5% 4.9%   Same-Property EBITDA(1) $83.8 $82.3 $145.8... More