Pebblebrook Hotel reports Q3 EPS 24c, consensus 0c

Reports Q3 revenue $404.5M, consensus $400.42M. “Third-quarter demand was in line with our outlook, despite the challenges posed by Hurricanes Debby and Helene disrupting all our resorts in the southeast. This solid performance underscores the continuing recovery of business group, business transient, and leisure demand across our urban and resort locations. Our resorts demonstrated exceptional resilience, achieving strong gains in both occupancy and market share, largely as a result of our recent strategic redevelopment investments.