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Pebblebrook Hotel Trust offers preferred stocks with yields above 8%, but risk-adjusted returns are less compelling versus sector benchmarks. PEB's preferred spreads to Treasuries have narrowed and no

Pebblebrook Hotel Trust (PEB) delivered two consecutive quarters of strong earnings beats and raised guidance, driving a 30% share price rally. PEB's net debt to EBITDA improved to 5.3x, but leverage

Pebblebrook Hotel Trust NYSE: PEB reported second-quarter results that exceeded the high end of its outlook, driven by pricing gains, strong resort performance and continued recovery in San Francisco,