Pebblebrook Hotel Trust Completes $72.0 Million Sale of The Westin Michigan Avenue Chicago
Pebblebrook Hotel Trust Common Shares of Beneficial Interest (PEB)
Last pebblebrook hotel trust common shares of beneficial interest earnings: 2/20 04:06 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.pebblebrookhotels.com
Company Research
Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) announced today that on December 3, 2025, it successfully completed the sale of the 752-room Westin Michigan Avenue Chicago in Chicago, Illinois for $72.0 million to a third party.For the trailing twelve months ended September 30, 2025, the hotel generated earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of $4.6 million and net operating income (“NOI”) of $2.5 million, assuming a capital reserve of 4.0% of total hotel revenues. The $72.0 million sales price equates to a 15.6x EBITDA multiple and a 3.5% NOI capitalization rate, before consideration of a brand-mandated property improvement plan and other significant capital expenditures.Pebblebrook expects to use the sale proceeds for general corporate purposes, with a primary focus on reducing outstanding debt and preferred equity, and opportunistically repurchasing the Company’s common shares, while suppor
Show less
Read more
Impact Snapshot
Event Time:
PEB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PEB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PEB alerts
High impacting Pebblebrook Hotel Trust Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
PEB
News
- Pebblebrook Hotel Trust (NYSE:PEB) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by analysts at Baird R W from a "hold" rating to a "strong-buy" rating.MarketBeat
- Pebblebrook Hotel Trust (NYSE:PEB) was given a new $12.00 price target on by analysts at Truist Financial Corporation.MarketBeat
- Pebblebrook Hotel Trust (NYSE:PEB) was given a new $15.00 price target on by analysts at Robert W. Baird.MarketBeat
- Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by analysts at Barclays PLC to a "strong sell" rating.MarketBeat
PEB
Earnings
- 11/5/25 - Beat
PEB
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- PEB's page on the SEC website