Pebblebrook Hotel Trust Announces Action Plan to Mitigate COVID-19 Impact
Pebblebrook Hotel Trust Common Shares of Beneficial Interest (PEB)
Last pebblebrook hotel trust common shares of beneficial interest earnings: 2/20 04:06 pm
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US:NYSE Investor Relations:
investor.pebblebrookhotels.com
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Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) today announced that in addition to the significant efforts underway to protect the health and safety of its guests and employees, as well as its communities, the Company has taken and is taking many substantial, additional steps to address the operating and financial impact of the COVID-19 (coronavirus) pandemic.The Company and its hotel management companies have or will shortly be temporarily suspending operations at the vast majority of its hotels and resorts and have significantly reduced staffing and expenses at the properties that remain open. This difficult decision to suspend or dramatically reduce operations was made in response to numerous government mandates and health official recommendations, the effective elimination of hotel demand, and is in the best interest of the communities in which our properties and employees are located. As of yesterday, 28 of the Company’s h
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News
- Pebblebrook Hotel Trust (NYSE: PEB) was upgraded by analysts at Compass Point from a "neutral" rating to a "buy" rating. They now have a $17.00 price target on the stock.MarketBeat
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PEB
Earnings
- 11/7/24 - Beat
PEB
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- 11/15/24 - Form 4
- PEB's page on the SEC website