Pebblebrook Hotel Trust (PEB) Reports Q1 FFO of $0.11

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Go back to Pebblebrook Hotel Trust (PEB) Reports Q1 FFO of $0.11

Pebblebrook Hotel Trust Reports First Quarter 2022 Results

April 26, 2022 4:06 PM EDT

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB):

Q1 FINANCIAL

HIGHLIGHTS

Net loss: ($100.2) million Same-Property RevPAR(1): (23.4%) vs. 2019; ADR(1) exceeded 2019 by 19.4% Same-Property Total Revenues(1): $258.0 million, 76.8% recovered vs. 2019 For March, Same-Property Occupancy(1) at 62%, Same-Property Total Revenues(1) down just 9.3% vs 2019, Same-Property EBITDA(1) 91.0%... More