Pebblebrook buys Doubletree Bethesda for $67.1 millionPebblebrook buys Doubletree Bethesda for $67.1 million

Pebblebrook Hotel Trust, fresh from a recent initial public offering, said it bought the 15-story, 269-room Doubletree Bethesda Hotel and Executive Meeting Center for $67.1 million. The Bethesda real estate investment trust said the hotel will continue to operate under the Doubletree brand and be run by its current manager, Thayer Lodging Group in Annapolis. The Doubletree Bethesda is near the National Institutes of Health and the National Naval Medical Center.