Monday, November 8, 2010

Pebblebrook Hotel Trust Reports Third Quarter Results

BETHESDA, Md., Nov 08, 2010 (BUSINESS WIRE) -- Pebblebrook Hotel Trust /quotes/comstock/13*!peb/quotes/nls/peb (PEB 20.20, -0.13, -0.64%) (the "Company") today reported net income (loss) to common shareholders of $(0.3) million, or $(0.01) per diluted share, for the quarter ended September 30, 2010.
For the quarter ended September 30, 2010, the Company generated funds from operations ("FFO") of $1.7 million. On a per diluted share basis, FFO for the third quarter of 2010 was $0.05. The Company's earnings before interest, taxes, depreciation and amortization ("EBITDA") for the quarter was $1.6 million.

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