Pebblebrook Hotel Trust (PEB) Reports Q4 ajd-FFO of $0.57

Pebblebrook Hotel Trust Reports 2016 Results and Provides 2017 Outlook

February 23, 2017 4:01 PM EST

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

  Fourth Quarter   Full Year 2016   2015 2016   2015 ($ in millions except per share and RevPAR data) Net income $18.4   $23.0 $74.0   $95.0   Same-Property RevPAR(1) $191.99 $191.94 $211.28 $206.31 Same-Property RevPAR growth rate 0.0% 2.4%   Same-Property Wholly Owned EBITDA(1) $59.6 $59.4 $280.3 $268.3 Same-Property Wholly Owned EBITDA growth rate 0.3%... More