Pebblebrook Hotel Trust (PEB) Reports Q2 AFFO of $0.75

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Pebblebrook Hotel Trust Reports Second Quarter 2017 Results

July 27, 2017 4:01 PM EDT

Completed $213.0 Million Sales of Dumont NYC and Parking Garage at Revere Hotel Boston Common; Executed $93.3 Million of Share Repurchases Year-to-Date

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today reported results for the second quarter ended June 30, 2017. The Companys results include the following:

    Second Quarter Six Months Ended June 30, 2017   2016 2017   2016 ($ in millions except per share and RevPAR data) Net income (loss) $43.7   $74.4 $57.8   $91.1   Same-Property RevPAR(1) $218.19 $223.63 $205.59 $211.07 Same-Property RevPAR growth rate (2.4%) (2.6%)   Same-Property EBITDA(1) $71.6... More