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Earnings Call Summary | Pebblebrook Hotel Trust(PEB.US) Q1 2024 Earnings Conference

Earnings Call Summary | Pebblebrook Hotel Trust(PEB.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Pebblebrook Hotel Trust (PEB.US) 2024 年第一季度業績會議
富途資訊 ·  04/25 07:17  · 電話會議

The following is a summary of the Pebblebrook Hotel Trust (PEB) Q1 2024 Earnings Call Transcript:

以下是佩布爾布魯克酒店信託基金(PEB)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • PEB exceeded financial predictions with key figures such as same-property hotel EBITDA, adjusted EBITDA, and adjusted FFO despite challenging weather.

  • RevPar at urban properties increased by 5%, offsetting a 4.4% decline at resorts.

  • The same-property portfolio continued to recover with an increase in occupancy and RevPar in contrast to Q1 of the previous year.

  • PEB exceeded their Q1 outlook by $2.8 million in same-property EBITDA, $5.3 million in adjusted EBITDA and $0.05 in adjusted FFO per share.

  • Made an investment of $33.9 million across the portfolio in Q1, with a projected total spend of $85-90 million for the year.

  • 儘管天氣惡劣,但PEB的關鍵數據超過了財務預期,例如同物業酒店的息稅折舊攤銷前利潤、調整後的息稅折舊攤銷前利潤和調整後的FFO。

  • 城市物業的RevPAR增長了5%,抵消了度假村4.4%的下降。

  • 與去年第一季度相比,隨着入住率和RevPAR的增加,同類物業投資組合繼續復甦。

  • PEB的同物業息稅折舊攤銷前利潤比第一季度預期高出280萬美元,調整後的息稅折舊攤銷前利潤超過530萬美元,調整後的每股FFO高出0.05美元。

  • 第一季度在整個投資組合中投資了3,390萬美元,預計該年度的總支出爲8500萬至9000萬美元。

Business Progress:

業務進展:

  • Urban markets like Washington D.C. and San Diego experienced a boost in hotel occupancy and RevPar.

  • Despite adverse weather, Key West Resorts reported positive RevPAR growth.

  • Newly developed properties in San Diego reported a significant increase in RevPAR compared to Q1 2023.

  • Ventured into the growing market of alternative accommodation offerings and maintained financial stability with no major debt maturing until October 2025.

  • PEB improved operational efficiency by introducing cost-reducing and process-improving systems.

  • The company has seen a steady recovery in business transient travel from technology firms and financial and consulting businesses.

  • Plans to invest in buying back its own stocks and expects to profit from its resort assets. Some slow-to-recover urban assets may be sold.

  • Generated over $330 million from transactions last year and plans to remain proactive in its efforts despite anticipating a slowdown in transactions this year.

  • 華盛頓特區和聖地亞哥等城市市場的酒店入住率和RevPAR均有所提高。

  • 儘管天氣不利,但基韋斯特度假村仍報告了RevPAR的正增長。

  • 聖地亞哥新開發的房產報告稱,與2023年第一季度相比,RevPAR大幅增加。

  • 冒險進入不斷增長的替代住宿產品市場,保持財務穩定,直到2025年10月才有重大債務到期。

  • PEB 通過引入降低成本和改進流程的系統提高了運營效率。

  • 該公司看到科技公司以及金融和諮詢業務的短暫商務差旅穩步恢復。

  • 計劃投資回購自有股票,並預計將從其度假資產中獲利。一些回收緩慢的城市資產可能會被出售。

  • 去年的交易額超過3.3億美元,儘管預計今年的交易將放緩,但仍計劃繼續積極努力。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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