{"id":513833,"date":"2021-07-15T16:18:27","date_gmt":"2021-07-15T20:18:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pebblebrook-hotel-trust-provides-second-quarter-2021-operating-update\/"},"modified":"2021-07-15T16:18:27","modified_gmt":"2021-07-15T20:18:27","slug":"pebblebrook-hotel-trust-provides-second-quarter-2021-operating-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pebblebrook-hotel-trust-provides-second-quarter-2021-operating-update\/","title":{"rendered":"Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update"},"content":{"rendered":"

<\/p>\n

Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update<\/b><\/p>\n

BETHESDA, Md.–(BUSINESS WIRE<\/a>)–
\nPebblebrook Hotel Trust (NYSE:PEB) (the \u201cCompany\u201d) today provided an update on recent operating trends, which continue to improve each week. The Company expects to achieve positive Adjusted EBITDAre<\/i> in the second quarter of 2021 and positive Adjusted Funds from Operations (\u201cFFO\u201d) in the third quarter of 2021.\n<\/p>\n

\nPlease visit https:\/\/investor.pebblebrookhotels.com\/investor-presentations-1\/<\/a> to view the updated presentation the Company issued on its website with additional details on the current operating trends.\n<\/p>\n

About Pebblebrook Hotel Trust<\/span><\/b><\/p>\n

\nPebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust (\u201cREIT\u201d) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 51 hotels, totaling approximately 12,600 guest rooms across 13 urban and resort markets with a focus on the west coast gateway cities. For more information, visit www.pebblebrookhotels.com<\/a> and follow us at @PebblebrookPEB.\n<\/p>\n

This press release contains certain \u201cforward-looking statements\u201d made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cpotential,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201cseek,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201capproximately,\u201d \u201cbelieve,\u201d \u201ccould,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cforecast,\u201d \u201ccontinue,\u201d \u201cassume,\u201d \u201cplan,\u201d references to \u201coutlook\u201d or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections and forecasts and other forward-looking information and estimates. Examples of forward-looking statements include the following: the Company\u2019s expectations regarding Adjusted EBITDAre and Adjusted FFO and descriptions of assumptions underlying or relating to any of the foregoing expectations including assumptions regarding the timing of their occurrence. These forward-looking statements are subject to various risks and uncertainties, many of which are beyond the Company\u2019s control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy and the supply of hotel properties, and other factors as are described in greater detail in the Company\u2019s filings with the Securities and Exchange Commission, including, without limitation, the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.<\/i><\/p>\n

For further information about the Company\u2019s business and financial results, please refer to the \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d and \u201cRisk Factors\u201d sections of the Company\u2019s SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company\u2019s website at www.pebblebrookhotels.com<\/a>. <\/i><\/p>\n

All information in this press release is as of July 15, 2021. The Company undertakes no duty to update the statements in this press release to conform the statements to actual results or changes in the Company\u2019s expectations.<\/i><\/p>\n

For additional information or to receive press releases via email, please visit our website at www.pebblebrookhotels.com<\/a>.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210715006003\/en\/<\/a><\/span><\/p>\n

\nRaymond D. Martz, Chief Financial Officer, Pebblebrook Hotel Trust – (240) 507-1330\n<\/p>\n

KEYWORDS:<\/b> United States North America Maryland<\/p>\n

INDUSTRY KEYWORDS:<\/b> REIT Lodging Commercial Building & Real Estate Construction & Property Travel<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update BETHESDA, Md.–(BUSINESS WIRE)– Pebblebrook Hotel Trust (NYSE:PEB) (the \u201cCompany\u201d) today provided an update on recent operating trends, which continue to improve each week. The Company expects to achieve positive Adjusted EBITDAre in the second quarter of 2021 and positive Adjusted Funds from Operations (\u201cFFO\u201d) in the third quarter of 2021. Please visit https:\/\/investor.pebblebrookhotels.com\/investor-presentations-1\/ to view the updated presentation the Company issued on its website with additional details on the current operating trends. About Pebblebrook Hotel Trust Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust (\u201cREIT\u201d) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 51 hotels, totaling approximately 12,600 … <\/p>\n

Continue reading “Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-513833","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pebblebrook-hotel-trust-provides-second-quarter-2021-operating-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pebblebrook Hotel Trust Provides Second Quarter 2021 Operating Update BETHESDA, Md.–(BUSINESS WIRE)– Pebblebrook Hotel Trust (NYSE:PEB) (the \u201cCompany\u201d) today provided an update on recent operating trends, which continue to improve each week. The Company expects to achieve positive Adjusted EBITDAre in the second quarter of 2021 and positive Adjusted Funds from Operations (\u201cFFO\u201d) in the third quarter of 2021. Please visit https:\/\/investor.pebblebrookhotels.com\/investor-presentations-1\/ to view the updated presentation the Company issued on its website with additional details on the current operating trends. About Pebblebrook Hotel Trust Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust (\u201cREIT\u201d) and the largest owner of urban and resort lifestyle hotels in the United States. 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