Pebblebrook Hotel Trust Reports First Quarter 2017 Results
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Pebblebrook Hotel Trust (PEB) Reports Q1 AFFO of $0.54
April 27, 2017 4:54 PM EDTPebblebrook Hotel Trust (NYSE: PEB) reported Q1 AFFO of $0.54, versus $0.56 reported last year.
Net income: The Companys net income was $14.1 million in the first quarter of 2017, declining $2.5 million as compared to the same period of 2016.Same-Property RevPAR and Room Revenue: Same-Property RevPAR in the first quarter of 2017 declined 2.9 percent to $192.92 compared with the same period of 2016. Same-Property Room Revenue decreased 4.0 percent. There... More