Pebblebrook Hotel Trust (PEB) Reports Q1 AFFO of $0.54

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Pebblebrook Hotel Trust Reports First Quarter 2017 Results

April 27, 2017 4:01 PM EDT

Executed Agreement to Sell Dumont NYC; Completed $75.0 Million of Share Repurchases

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today reported results for the first quarter ended March 31, 2017. The Companys results include the following:

  First Quarter 2017   2016

($ in millions except per share and RevPAR data)

  Net income $14.1 $16.6   Same-Property RevPAR(1) $192.92 $198.61 Same-Property RevPAR growth rate (2.9%)   Same-Property EBITDA(1) $53.5 $59.6... More