Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Milton and Other Named Storms
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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Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) today provided an update regarding the impact of Hurricane Milton and other recent named storms on its properties, including the expected net financial impact. Except for LaPlaya Beach Resort & Club (“LaPlaya”), all of the Company’s southeast resorts are fully operational.LaPlaya, the 189-room luxury waterfront resort in Naples, Florida, is making significant strides in its restoration efforts following the impacts of Hurricane Helene on September 26, 2024, and Hurricane Milton on October 9, 2024. The Gulf Tower (70 rooms) and the Bay Tower (40 rooms), along with BALEEN Naples, the resort’s primary restaurant and bar, are all scheduled to reopen on November 1, 2024.LaPlaya’s Beach House building (79 rooms) remains closed for repairs primarily due to water and sand infiltration affecting ground-floor guestrooms. The resort's pools are also closed for temporary clean-up and repairs,
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- Pebblebrook Hotel Trust (NYSE: PEB) had its price target raised by analysts at Wells Fargo & Company from $14.00 to $16.00. They now have an "equal weight" rating on the stock.MarketBeat
- Pebblebrook Hotel Trust (NYSE: PEB) had its price target raised by analysts at Wells Fargo & Company from $13.00 to $14.00. They now have an "equal weight" rating on the stock.MarketBeat
PEB
Earnings
- 11/7/24 - Beat
PEB
Sec Filings
- 12/16/24 - Form 8-K
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- PEB's page on the SEC website