Wells Fargo Downgrades PebbleBrook Hotel Trust (PEB) to Market Perform
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Pebblebrook Hotel Trust Reports Second Quarter 2016 Results
July 25, 2016 4:01 PM EDTNet 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