Pebblebrook Hotel Trust
PEB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $47.00 | Fgff | Ysjlsbqytf |
Recovery of Pebblebrook's Fundamentals Is Slowing but Growth Remains Positive
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Business Strategy and Outlook
Pebblebrook Hotel Trust is the largest US lodging REIT focused on owning independent and boutique hotels. After Pebblebrook merged with LaSalle Hotel Properties in December 2018, the company owns 46 upper-upscale hotels, with more than 11,900 rooms located primarily in urban gateway markets. Historically, Pebblebrook's combined portfolio has had a higher revenue per available room price point and EBITDA margin than its hotel REIT peers.