Hotel Workers’ Union Fights “Resort Fee Ripoff,” Launches Website to Help Guests Avoid Unfair Fees at Curator Collection hotels
UNITE HERE, a hotel workers' union, has launched a website called CuratorCollectionCon.org to combat "resort fees" at Curator Hotel & Resort Collection properties. The website aims to help guests avoid unfair charges, request refunds, and learn about their consumer rights regarding mandatory fees that can average $40 nightly and go up to $100. It highlights that Curator Collection, a "soft brand" majority-owned by Pebblebrook Hotel Trust (NYSE: PEB), often charges for services guests may not want or expect to pay extra for.
Pebblebrook Hotel Trust Closes $450 Million Unsecured Term Loan And Extends $650 Million Revolver
Pebblebrook Hotel Trust has successfully refinanced its debt, securing a new $450 million senior unsecured term loan and extending its $650 million revolving credit facility. This strategic move aims to strengthen its liquidity, extend debt maturities, and simplify its capital structure, including the complete retirement of its Margaritaville Hollywood Beach Resort mortgage. The company anticipates having no significant debt maturities until 2028 after addressing its 2026 convertible senior notes.
Pebblebrook Hotel Trust Elects Nina P. Jones and Bill Bayless to Board of Trustees
Pebblebrook Hotel Trust (NYSE: PEB) announced the election of Nina P. Jones and Bill Bayless to its Board of Trustees, effective March 1, 2026, and the fourth quarter of 2026, respectively. The company also introduced a new principles-based board refreshment framework aimed at balancing planned refreshment with continuous evaluation of the board's composition. This framework includes annual reviews, targeting average independent trustee tenure, and a multi-year succession plan, leading to Ron E. Jackson not seeking re-election to align with the new tenure goal.
Pebblebrook Hotel Trust (NYSE:PEB) Given Consensus Rating of "Reduce" by Analysts
Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus "Reduce" rating from analysts, with an average 12-month target price of $12.08. The company recently beat quarterly EPS and revenue estimates but reported negative return on equity and net margin, with revenue down year-over-year. Institutional investors have modified their holdings, and the company announced a quarterly dividend of $0.01 per share.
Pebblebrook Hotel Trust Awaits Critical Year-End Financial Release
Pebblebrook Hotel Trust is set to release its Q4 and full-year 2025 financial results on February 25, 2026. Investors will closely monitor the report for signs of strategic turnaround and stabilization of margins, especially after a Q3 2025 revenue decline and negative profitability metrics. The company expresses cautious optimism for 2026, citing potential demand catalysts like major sporting events and limited new hotel supply.
Pebblebrook Hotel upgraded to Outperform from Neutral at Baird
Baird has upgraded Pebblebrook Hotel (PEB) from Neutral to Outperform, raising its price target from $13 to $15. This upgrade reflects Baird's positive outlook for the hotel real estate investment trust, anticipating better industry-wide growth and specific drivers for Pebblebrook's portfolio, including major events like the FIFA World Cup and Super Bowl LX, as well as a recovery in San Francisco.
Barclays initiates PebbleBrook Hotel Trust stock with Underweight rating By Investing.com
Barclays initiated coverage on PebbleBrook Hotel Trust (NYSE:PEB) with an Underweight rating and a $10.00 price target, citing concerns about its valuation, West Coast exposure leading to high operating expenses, and balance sheet. While InvestingPro data highlights a low revenue valuation multiple and consistent dividend payments, the firm notes a need for the company to play defense given its financial position. The report also mentions PEB's recent mixed Q3 2025 earnings and asset sale.
Voya Investment Management LLC Cuts Stock Position in Pebblebrook Hotel Trust $PEB
Voya Investment Management LLC significantly reduced its stake in Pebblebrook Hotel Trust (NYSE:PEB) by 99.8% in the third quarter, selling over 95 million shares and retaining approximately 212,264 shares. This move comes as analysts have a consensus "Reduce" rating on the stock, with a target price of $11.90. Despite beating Q3 EPS estimates, the company's stock trades near $11.48, and it announced a small quarterly dividend.
Pebblebrook Hotel Trust (PEB): Is Its Slow Share Price Recovery Hiding Undervalued Upside?
Pebblebrook Hotel Trust (PEB) has seen a slow but steady increase in its share price this month, indicating a potential shift in investor sentiment. Despite a negative year-to-date return, the stock is trading below analyst targets and shows improving earnings momentum. The article explores whether PEB is undervalued, supported by a strong balance sheet and upcoming major citywide events expected to boost occupancy and revenue.
Pebblebrook Hotel Trust Declares Cash Dividends on Common Share for Fourth Quarter of 2025, Payable on January 15, 2026
Pebblebrook Hotel Trust announced a quarterly cash dividend of $0.01 per common share for the fourth quarter of 2025. This dividend is payable on January 15, 2026, to shareholders of record as of December 31, 2025. This declaration follows authorization by the company's Board of Trustees.
Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2025
Pebblebrook Hotel Trust (NYSE: PEB) announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share, payable on January 15, 2026, to shareholders of record as of December 31, 2025. Additionally, the company declared regular quarterly cash dividends for its Series E, F, G, and H preferred shares, also payable on January 15, 2026. Pebblebrook Hotel Trust is a real estate investment trust focused on urban and resort lifestyle hotels in the United States.
Pebblebrook Hotel Trust Launches Private Offering of Convertible Senior Notes Due 2030
Pebblebrook Hotel Trust (NYSE: PEB) has launched a private offering of $350 million in Convertible Senior Notes due 2030, with an option for initial purchasers to buy an additional $50 million. The company plans to use the net proceeds to repurchase existing 1.75% Convertible Senior Notes due 2026 and to repurchase approximately $50 million of its common shares. These transactions, including capped call agreements, are expected to manage potential share dilution and impact the market price of common shares.
Pebblebrook Hotel Trust (PEB) Declares Regular Q3 Dividends on Preferred and Common Shares
Pebblebrook Hotel Trust (PEB) recently announced Q3 cash dividends for both common and preferred shares, following a 23% increase in share price over the last quarter. This positive movement is attributed to steady dividend announcements, revised full-year earnings guidance reducing expected net losses, and a supportive broader market. Despite a five-year loss of 2.28% and current unprofitability, PEB's focus on asset reinvestment and AI technology aims to improve long-term margins.
Small Los Angeles hotels decry Olympic wage hike, face closures by 2028
Small hotel owners and tourism companies in Los Angeles are protesting a new minimum wage hike for tourism workers, set to increase to $30 by the 2028 Olympics. They argue that the wage increase will force small businesses to close, lead to job losses, and necessitate changes to business models, such as reducing restaurant and valet services. An alliance of airlines and hotel groups is attempting to gather signatures for a referendum to overturn the ordinance, while proponents of the wage hike plan a counter-rally.
Pebblebrook Hotel: Q4 Earnings Snapshot
Pebblebrook Hotel Trust (PEB) reported stronger-than-expected Q4 earnings, with funds from operations reaching $24.9 million, or 21 cents per share, surpassing analyst estimates. The company also registered a loss of $45 million and revenue of $334.1 million for the quarter, exceeding Street forecasts. For the full year, Pebblebrook reported funds from operations of $197.1 million and revenue of $1.42 billion, with expectations for full-year funds from operations to be between $1.49 to $1.61 per share.
Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Helene
Pebblebrook Hotel Trust (NYSE: PEB) announced that several of its resorts were impacted by Hurricane Helene, with expected repair and remediation costs, net of insurance, not to be material. The LaPlaya Beach Resort & Club in Naples, Florida, saw damage primarily to its Beach House due to water infiltration, while two other guestroom buildings and restaurants remain operational. The Jekyll Island Club Resort in Georgia sustained minor, non-material damage and is operating normally.
Rachel Meng joins Lucky Find Hospitality as CFO
Rachel Meng has been appointed as CFO/director of strategic assets for Lucky Find Hospitality, bringing over 15 years of experience in hospitality finance and asset management. Meng will lead the company's financial strategies and manage assets, including Hotel Herringbone, a new property in Waco, TX. She previously served as director of investments at Pebblebrook Hotel Trust and founded the Hotel Bambinee brand.
News | Pebblebrook CEO: Despite Tough Quarter, Repositioning Work Paying Off
Pebblebrook Hotel Trust CEO Jon Bortz reported a $27.5 million loss in Q1 but emphasized market share gains due to substantial renovation investments. The company is seeing an uptick in business travel and has made significant strides in cost-cutting initiatives. Despite a challenging quarter, Pebblebrook anticipates continued benefits from repositioned properties and plans further investments, potentially through stock buybacks.
HAMA unveils 2024 board of directors
The Hospitality Asset Managers Association (HAMA) has announced its 2024 Board of Directors, comprising members from various hospitality industry companies. Sarah Gulla of Pebblebrook Hotel Trust has been appointed President and plans to focus on advocacy, education, and networking for hotel owners and asset management professionals. Gulla, who also serves on the AHLA board, brings extensive experience in asset management to her new role.
Sarah Gulla named President at Hospitality Asset Managers Association (HAMA)
Sarah Gulla, with nearly 30 years of hospitality experience and currently overseeing a $1.5 billion asset portfolio at Pebblebrook Hotel Trust, has been appointed President of the Hospitality Asset Managers Association (HAMA). She previously held asset management roles at LaSalle Hotel Properties and Thayer Lodging Group. Gulla also serves on the Board of the American Hotel & Lodging Association and is a frequent industry speaker.
The Retail and Parking at Marina City in Chicago trades for $30M
JLL Capital Markets announced the $30 million sale of The Retail and Parking at Marina City in Chicago, a 146,000-square-foot retail, dining, and entertainment complex with structured parking. JLL represented the seller, Pebblebrook Hotel Trust, in the transaction with Sperry Equities. The property, located on the Chicago Riverwalk, is a landmark destination and benefits from strong retail market fundamentals.
Sofitel Philadelphia at Rittenhouse Square Hotel Sold for $80.0 Million
Pebblebrook Hotel Trust sold the 306-room Sofitel Philadelphia at Rittenhouse Square for $80.0 million to a third party. The sale price reflects a 10.0x EBITDA multiple and an 8.6% net operating income capitalization rate based on 2019 performance, with proceeds used for general corporate purposes and debt reduction. The article also provides a reconciliation of hotel net income to Hotel EBITDA and Hotel Net Operating Income for various periods, along with historical operating data.
Pebblebrook Hotel Trust acquires Gurney’s Newport Resort & Marina for $174 million
Pebblebrook Hotel Trust acquired the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina for $174 million. This acquisition adds a unique waterside resort to Pebblebrook's portfolio, known for its strategic location in Newport, RI, and strong demand from major Northeastern cities. Pebblebrook plans significant repositioning and enhancements to the property to elevate the guest experience and drive increased cash flow.
Stockdale Capital acquires San Francisco's Marker hotel
Stockdale Capital Partners has acquired The Marker hotel in San Francisco from Pebblebrook Hotel Trust for $77 million. The Los Angeles-based firm plans to update and reposition the 208-key hotel, which is located near Union Square and the Moscone Convention Center, as the San Francisco lodging market continues its recovery. This acquisition marks Stockdale Capital Partners' first hotel purchase in San Francisco, expanding its portfolio with a focus on the west and southwest regions.
Gurney's Newport just sold for $174 million. Here's what the new owners have planned.
Gurney's Newport Resort & Marina on Goat Island has been sold to Pebblebrook Hotel Trust for $174 million. Pebblebrook, which now owns 55 properties, plans to undertake significant renovations and enhancements to reposition the resort to a higher level. The acquisition includes the right for Pebblebrook to purchase the marina in 2027.
News | Pebblebrook Hotel Trust Purchases Gurney's Newport Resort & Marina for $174 Million
Pebblebrook Hotel Trust has acquired the 257-room Gurney's Newport Resort & Marina in Newport, Rhode Island, for $174 million. This acquisition increases Pebblebrook's portfolio to 55 properties. The company plans to reposition the resort to a higher level, including potential renovations and operational improvements, and has the option to acquire the marina in 2027.
Pebblebrook’s Hotel Ziggy breaks the rules
Hotel Ziggy, developed by Pebblebrook Hotel Trust, has opened on West Hollywood's Sunset Strip, celebrating music, countercultures, and artists' rights with unique interiors and a rebellious ethos. The hotel intentionally retains gritty quirks from its previous life as a 1950s motel, transformed by Dawson Design Associates to reflect a rock-and-roll vibe. It features a music venue to support local artists, a pizza joint reminiscent of the iconic Licorice Pizza record store, and aims to be a local hangout rather than a sanitized tourist destination.
Real estate trust plans purchase of iconic Inn on Fifth in downtown Naples
Pebblebrook Hotel Trust (NYSE) plans to acquire the Inn on Fifth in downtown Naples for $156 million, with the deal expected to close by June. The acquisition will add a AAA Four Diamond 119-room inn to Pebblebrook's portfolio, comprising two buildings with luxury suites, retail spaces, and a restaurant, leveraging Naples' rapid growth and desirability. The trust anticipates further growth and is evaluating enhancements and a development opportunity on an adjacent 0.6-acre parcel to increase cash flow.
Pebblebrook acquires Margaritaville in Hollywood, FL, for $270M
Pebblebrook Hotel Trust has acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, FL, for $270 million. The resort will continue to be managed by Davidson Hospitality Group, and Pebblebrook is evaluating enhancements to increase cash flow and add value. The acquisition brings Pebblebrook's portfolio to 52 properties, funded by cash on hand and assumed debt.
Pebblebrook acquires Jekyll Island Club Resort for $94M
Pebblebrook Hotel Trust has acquired the Jekyll Island Club Resort for $94 million, a 200-room property in the National Register of Historic Places, and will retain Noble House Hotels & Resorts to manage it. Concurrently, Pebblebrook is under contract to sell Villa Florence San Francisco on Union Square for $87.5 million. The acquisition, which brings Pebblebrook's portfolio to 52 properties, is expected to enhance financial performance through operational enhancements and physical improvements.
Bethesda hotel company takes another dive into Margaritaville
Pebblebrook Hotel Trust has announced a deal to acquire the Margaritaville Hollywood Beach Resort, marking the company's second venture into the Jimmy Buffett-themed business. This acquisition represents a further expansion of the Bethesda-based hotel company's portfolio.
Sir Francis Drake Hotel in San Francisco Sold for $157.6 Million
Pebblebrook Hotel Trust has announced the sale of the 416-room Sir Francis Drake hotel in San Francisco for $157.6 million. The sale reflects a 7.2% net operating income capitalization rate based on 2019 figures and is expected to close within 60 days. Pebblebrook Hotel Trust is a REIT and the largest owner of urban and resort lifestyle hotels in the U.S.
Austin Segal has been appointed Vice President at Curator Hotel & Resort Collection
Austin Segal has been appointed Vice President at Curator Hotel & Resort Collection. He previously served as Vice President of Asset Management for Pebblebrook and was a director with LaSalle Hotel Properties. Curator Hotel & Resort Collection was founded for independent lifestyle hotel owners and operators by Pebblebrook Hotel Trust.
Pebblebrook launches Curator Hotel & Resort Collection
Pebblebrook Hotel Trust and six other founding members launched the Curator Hotel & Resort Collection, a new soft brand for independent lifestyle hotels. The collection, which debuted with over 120 US hotels, aims to provide an owner-centric model with lower fees and more flexibility for independent properties. Curator plans significant expansion, targeting 200 hotels within 12 months and eventually 400-500 properties.
Chris Hague has been appointed Chief Operating Officer at Hotel Asset Value Enhancement (HotelAVE)
Hotel Asset Value Enhancement (HotelAVE) has appointed Chris Hague as Chief Operating Officer. Hague brings 20 years of experience in asset management, having overseen over $10 billion in hotel investments, including previous roles at Pebblebrook Hotel Trust and LaSalle Hotel Properties. This appointment bolsters HotelAVE's operational leadership and commitment to client satisfaction.
Owner of The Nines, other Portland hotels could sell properties: CEO
Pebblebrook CEO Jon Bortz stated that the company, which owns The Nines and other Portland hotels, might sell some of its properties due to extremely low occupancy rates. The Nines, for example, reopened in mid-August but has only seen occupancy rates around 11.7 percent. This indicates the severe impact of current business conditions on the hotel industry.
Redesigned, rebranded resort opens in San Diego
The former Hilton San Diego Resort & Spa has officially reopened as the San Diego Mission Bay Resort after a comprehensive $32 million renovation and rebranding. The 357-room resort, managed by Noble House Hotels & Resorts for owner Pebblebrook Hotel Trust, features upgraded guestrooms, new culinary options, and expanded amenities following its transformation. The redesign aims to reposition the property as a luxury destination in Southern California.
HEI Hotels & Resorts to Manage Revere Hotel Boston Common
HEI Hotels & Resorts has been engaged by Pebblebrook Hotel Trust to manage the Revere Hotel Boston Common, expanding HEI's independent lifestyle hotel portfolio. This move adds to HEI's five other properties in the Boston area and aims to enhance the guest experience at the 356-room hotel. HEI plans to leverage its proprietary technology to apply operating metrics and revenue management proficiency to the independent hotel.
Historic Nashville hotel under contract
Pebblebrook Hotel Trust (NYSE: PEB) has announced the sale of the historic Union Station Hotel in Nashville. The pending purchase price for the luxury hotel is several million dollars higher than its 2014 sale price, following a $15.5 million renovation completed two years later.
Leisure Travel Comes Back First as Drive-To Rather than Fly-To: Pebblebrook Hotel Trust CEO
Pebblebrook Hotel Trust CEO Jon Bortz anticipates that leisure travel will rebound primarily through "drive-to" destinations rather than "fly-to" locations initially. The company has temporarily closed 46 of its 54 upscale hotels due to the severe impact of the coronavirus on travel demand, furloughing most of its roughly 8,000 employees. Bortz believes the $2 trillion relief package is insufficient for a full recovery, which he expects to be L-shaped and longer than initially forecast.
Marina City retail space goes up for sale
Pebblebrook Hotel Trust has put the 146,000-square-foot retail portion of Marina City up for sale. The space, leased to tenants like Smith & Wollensky and 10 Pin, boasts 98 percent occupancy and is considered "e-commerce resilient" due to its mix of restaurants, entertainment, and service businesses. Pebblebrook acquired the property in a larger buyout and is selling it to reduce debt, as retail doesn't align with its core hotel business.
News | Dupont Circle's Hotel Madera Changes Hands In $23.3 Million Sale
The Hotel Madera in Washington, D.C.'s Dupont Circle neighborhood was sold for $23.3 million last month. Roch Capital purchased the 82-room property from Pebblebrook Hotel Trust, which had acquired its previous owner, LaSalle Hotel Properties. This transaction follows Pebblebrook's larger acquisition involving LaSalle Hotel Properties.
Pebblebrook Hotel Trust and Margaritaville Holdings Announce First Margaritaville Island Resort On the West Coast
Pebblebrook Hotel Trust and Margaritaville Holdings are partnering to open the first Margaritaville Island Resort on the West Coast in San Diego in 2020. The resort, located on Vacation Island, is currently Paradise Point Resort & Spa and will undergo approximately $35 million in renovations to convert it into the Margaritaville-branded property. Davidson Hotels & Resorts will manage the property both before and after the rebranding.
Viceroy Hotels & Resorts Adds Two Washington, D.C. Hotels to Its Portfolio
Viceroy Hotels & Resorts has announced its expansion into the Washington, D.C. market by taking over management of the Donovan Hotel D.C. and Mason & Rook Hotel D.C. as of July 1, 2019. These new additions to Viceroy's portfolio will undergo comprehensive renovations, with Mason & Rook re-emerging as Viceroy Washington D.C. in early 2020 and the Donovan Hotel also receiving renovations and a new name, becoming part of The Viceroy Urban Retreats. This move strengthens Viceroy's East Coast presence and its relationship with Pebblebrook Hotel Trust.
Boston’s Onyx Hotel Sold by Pebblebrook for $58M
Pebblebrook Hotel Trust has sold the 112-room Onyx Hotel in Boston for $58.3 million to an undisclosed buyer. The sale price represents a capitalization rate of 5.9% based on the hotel's 2018 operating performance. Proceeds from the sale will be used for general business purposes, including potentially reducing the company’s outstanding debt.
The Hotel Zags Portland Opens as Part of Pebblebrook’s Unofficial Z Collection
The Hotel Zags Portland, a new boutique hotel specializing in nature, art, and play, has opened in Portland’s Fountain District. Owned by Pebblebrook Hotel Trust and managed by Sage Hospitality, it is the first Portland location in Pebblebrook’s Unofficial Z Collection. The hotel offers unique amenities like a Gear Shed for exploring the city, a vintage vending machine for local art, and an "ABZ's of Portland" series featuring local creatives.
Pebblebrook Hotel and LaSalle Complete Acquisition Deal
Pebblebrook Hotel Trust has completed its $5.2 billion acquisition of LaSalle Hotel Properties, including the sale of five former LaSalle properties for $820.8 million. Pebblebrook plans to sell up to $1.3 billion worth of LaSalle hotels over the next year to reduce debt, with Jon Bortz now serving as chairman and CEO of the merged companies.
Pebblebrook, LaSalle to Merge in $5.2 Billion Transaction
Pebblebrook Hotel Trust announced its plan to acquire LaSalle Hotel Properties for approximately $5.2 billion, ending a series of revised offers and usurping a previous merger agreement between LaSalle and Blackstone. The combined entity will be a major force in the lodging REIT sector, with Pebblebrook's chairman and CEO highlighting the transaction's value-maximizing opportunity for shareholders. LaSalle's president and CEO noted the 48 percent premium for LaSalle shareholders.
Pebblebrook, LaSalle agree to merge as Blackstone bows out
Pebblebrook and LaSalle, two Bethesda-based lodging REITs, have agreed to merge after months of negotiations. This agreement comes as Blackstone, another suitor, bows out of the bidding process. The merger follows a period of back-and-forth offers and recommendations regarding the future of LaSalle.
Hunton Andrews Kurth Represents Pebblebrook Hotel Trust in $5.2 Billion Acquisition of LaSalle Hotel Properties
Hunton Andrews Kurth LLP advised Pebblebrook Hotel Trust in its $5.2 billion merger with LaSalle Hotel Properties. This acquisition will more than double Pebblebrook’s property portfolio by acquiring 100 percent of LaSalle’s outstanding common shares. LaSalle terminated a previous merger agreement to accept Pebblebrook's offer, which was deemed a "superior proposal."
