Pebblebrook Hotel Trust
PEB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $49.00 | Vvtcy | Njczycptsl |
Return of Business Travel Should Drive Years of Growth for Pebblebrook
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Business Strategy and Outlook
Pebblebrook Hotel Trust is the largest U.S. lodging REIT focused on owning independent and boutique hotels. After Pebblebrook merged with LaSalle Hotel Properties in December 2018, the company owns 53 upper-upscale hotels, with more than 13,000 rooms located in urban, gateway markets. Pebblebrook's combined portfolio has a higher revenue per available room price point and EBITDA margin than its hotel REIT peers.