Pebblebrook Hotel Trust Issues Earnings Guidance for Fiscal Year of 2022

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Pebblebrook Hotel Trust ($NYSE:PEB) is a hospitality real estate investment trust that owns and operates upper-upscale, full-service hotels in the United States. The company has issued their earnings guidance for the fiscal year of 2022.

Earnings

In their latest earning report for the quarter ending September 30, the company earned a total revenue of $45.4M. Looking forward to the rest of the fiscal year, Pebblebrook Hotel Trust is expecting to see a continued growth in their total revenue.

Share Price

At the time of writing, media sentiment around the company is mostly positive. On Thursday, Pebblebrook Hotel Trust stock opened at $15.0 and closed at $14.9, down by 2.5% from its last closing price of $15.3.

VI Analysis

Pebblebrook Hotel Trust is a real estate investment trust that owns and operates upscale, full-service hotels. The company’s fundamentals reflect its long term potential and below analysis on PEBBLEBROOK HOTEL TRUST are made simple by VI app. According to VI Star Chart PEBBLEBROOK HOTEL TRUST is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. The company’s strong asset base, medium dividend payout and weak growth prospects make it an attractive investment for income-seeking investors.

However, the company’s low health score of 3/10 with regard to its cashflows and debt makes it less likely to sustain future operations in times of crisis.

VI Peers

The company’s portfolio consists of over 60 hotels across the United States. Park Hotels & Resorts Inc, Summit Hotel Properties Inc, Braemar Hotels & Resorts Inc are all competitors in the hotel industry.

– Park Hotels & Resorts Inc ($NYSE:PK)

The company’s market cap is $2.75 billion as of 2022. The company owns and operates a portfolio of hotels and resorts in the United States and Canada. The company’s hotels and resorts are located in major metropolitan areas, including New York City, Los Angeles, San Francisco, Boston, Chicago, and Washington, D.C. The company also operates a number of smaller hotels and resorts in select markets, including Palm Springs, Florida, and Maui, Hawaii.

– Summit Hotel Properties Inc ($NYSE:INN)

Summit Hotel Properties, Inc. is a real estate investment trust. The Company owns, acquires, redevelops and repositions premium-branded select-service and extended-stay hotels in the United States. As of December 31, 2016, the Company’s portfolio included 69 hotels with approximately 10,700 guestrooms located in 27 states. The Company operates in the hotel industry segment. The Company’s primary business is to own and acquire premium-branded select-service and extended-stay hotels in the upscale and upper midscale segments of the United States lodging industry.

– Braemar Hotels & Resorts Inc ($NYSE:BHR)

With a market cap of 259.39M as of 2022, Braemar Hotels & Resorts Inc is a company that owns, operates, develops, and invests in hotels and resorts. The company’s portfolio includes properties in North America, Europe, Asia, and Australia.

Summary

Pebblebrook Hotel Trust is a publicly traded real estate investment trust that invests primarily in upscale, full-service hotels located in major urban markets in the United States. The company has a strong history of profitability and has increased its dividend payout for 10 consecutive years. In addition, Pebblebrook Hotel Trust’s portfolio of high-quality hotels is well-positioned to benefit from the continued recovery in the U.S. lodging industry.