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Mar 31, 2020
Pebblebrook Q1 2020 Earnings Report
Pebblebrook's financial performance significantly impacted by COVID-19 pandemic, resulting in operational suspensions and cost-saving measures.
Key Takeaways
Pebblebrook Hotel Trust reported a net income of $42.1 million for Q1 2020. The company faced significant challenges due to the COVID-19 pandemic, leading to temporary suspensions of operations at many of its hotels and resorts, and implemented cost-cutting measures to mitigate the impact.
Net income was $42.1 million.
Same-Property Total Revenues decreased by 23.1% year-over-year to $255.8 million.
Same-Property EBITDA decreased by 55.2% year-over-year to $40.6 million.
The company temporarily suspended operations at 46 of 54 hotels and resorts.
Revenue by Segment
Forward Guidance
Given the uncertainties related to the pandemic and its impact on travel, the Company is unable to provide a 2020 Outlook at this time
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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