Pebblebrook Hotel Trust Completes Sale of InterContinental Buckhead Atlanta and Sofitel Washington DC Lafayette Square
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”) today announced that it closed on the sale of the 422-room InterContinental Buckhead Atlanta in Atlanta, Georgia and the 237-room Sofitel Washington DC Lafayette Square in Washington, D.C. for $331.0 million to a third party on March 6, 2020.For InterContinental Buckhead Atlanta, the contracted sale price reflects a 13.7x EBITDA multiple and a 6.4% net operating income capitalization rate based on the hotel’s operating performance for 2018. Based on the hotel’s operating performance for 2019, the contracted sales price reflects a 13.0x EBITDA multiple and a 6.8% net operating income capitalization rate. Both the EBITDA multiple and net operating income capitalization rate based on operating performance for 2019 are adjusted for the estimated impact of one-time extraordinary events.For Sofitel Washington DC Lafayette Square, the contracted sale price reflects a 15.1x EBITDA multiple and a 5.7% net o
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) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Pebblebrook Hotel Trust (NYSE: PEB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Two REITs That Just Crushed Earnings Estimates And Guidance [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Pebblebrook Hotel (PEB) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Pebblebrook Hotel Trust Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
PEB
Earnings
- 4/23/24 - In-Line
PEB
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form 10-Q
- 4/23/24 - Form ARS
- PEB's page on the SEC website