Pebblebrook Hotel traded at $18.59 this Wednesday July 1st, decreasing $0.82 or 4.22 percent since the previous trading session. Looking back, over the last four weeks, Pebblebrook Hotel lost 16.62 percent. Over the last 12 months, its price rose by 76.54 percent. Looking ahead, we forecast Pebblebrook Hotel to be priced at 18.66 by the end of this quarter and at 17.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. The Company owns hotels with guest rooms across urban and resort markets. The hotels are located in Seattle, Portland, San Francisco, Santa Cruz, Los Angeles, San Diego, Naples, Key West, Chicago, Boston, New York, Philadelphia, Washington and Miami. The Company's assets are held by, and all the operations are conducted through, Pebblebrook Hotel, L.P. The Company's hotel properties include Skamania Lodge, Le Meridien Delfina Santa Monica, Hotel Monaco Seattle, Hotel Zetta San Francisco, Hotel Modera and Hotel Vintage Portland. Its property also includes Margaritaville Hollywood Beach Resort.