Pebblebrook Hotel Trust (PEB) Reports Q4 Revenues Above Consensus
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Pebblebrook Hotel Trust Reports 2018 Results and Provides 2019 Outlook
February 25, 2019 4:06 PM ESTBETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today reported results for the fourth quarter ended December 31, 2018. The Companys results include the following:
Fourth Quarter Year Ended December 31, 2018 2017 2018 2017 ($ in millions except per share and RevPAR data) Net income (loss) ($99.3) $11.9 $13.4 $100.3 Same-Property Total RevPAR(1) $255.98 $256.02 $294.21 $289.78 Same-Property Total RevPAR growth rate 0.0% 1.5% Same-Property RevPAR(1) $169.94 $168.79 $202.10 $200.01 Same-Property RevPAR growth rate 0.7% 1.0% Same-Property EBITDA(1) $55.9 $60.2 $262.2... More