(Reuters) - Pebblebrook Hotel Trust (PEB.N) said it bought the Doubletree Bethesda Hotel and Executive Meeting Center for $67.1 million, the first deal for the company that was formed to take advantage of acquisition opportunities in the lodging space.
Pebblebrook said it funded the acquisition of the 269-room, upscale hotel located in downtown Bethesda, through its initial public offering.
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