Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript Summary
Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA and adjusted FFO outperformed forecasts, partly due to unexpected business interruption proceeds related to previous storm damage.The following is a summary of the Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript:
以下是pebblebrook hotel trust（PEB）2024年第三季度業績會交易摘要：
Financial Performance:
財務表現:
Q3 RevPAR growth was driven by increased occupancy across urban and resort properties despite impacts from hurricanes.
Same-property hotel EBITDA was $110.8 million, reflecting the absorption of storm-related impacts broadly aligned with expectations.
Adjusted EBITDA and adjusted FFO outperformed forecasts, partly due to unexpected business interruption proceeds related to previous storm damage.
儘管受到颶風影響，Q3 RevPAR增長主要受城市和度假酒店入住率提高推動。
同店酒店EBITDA爲11080萬元，反映了對風暴相關影響的吸收，與預期大致一致。
調整後的EBITDA和調整後的FFO超出預期，部分原因是由於之前風暴損害相關的意外業務中斷款項。
Business Progress:
業務進展:
Significant capital reinvestments in properties like the Delfina Santa Monica, now rebranded as Hyatt Centric, are expected to ramp up performance.
Urban markets like Chicago, San Diego, and Boston showed strong recovery driven by active convention calendars and returning leisure demand.
Continued focus on operational efficiency has successfully mitigated inflationary pressure on wages and benefits.
像Delfina Santa Monica這樣的物業有重大資本再投資計劃，現已更名爲凱悅尚品，預計將加速業績增長。
像芝加哥、聖地亞哥和波士頓這樣的城市市場，由於活躍的會議日程和休閒需求的回歸，顯示出明顯的復甦。
持續專注於操作效率已成功緩解了工資和福利方面的通貨膨脹壓力。
Opportunities:
機會：
The expected normalization and recovery of business travel, combined with the return of international travel, offer significant revenue potential.
The redevelopment of properties and repositioning in the market are anticipated to yield incremental returns in the coming years.
預期的業務旅行正常化和復甦，再加上國際旅行的回歸，提供了重要的營業收入潛力。
物業重新開發和市場定位的重塑預計將在未來幾年產生增量回報。
Risks:
風險：
Multiple urban markets like San Francisco, Los Angeles, and Portland faced setbacks, with potential impacts from quality of life issues and industry-specific strikes.
Recent hurricanes led to physical damages and operational disruptions, anticipated to affect future EBITDA and RevPAR in the short term.
像舊金山、洛杉磯和波特蘭這樣的多個城市市場面臨挫折，可能受到生活質量問題和行業特定罷工的影響。
最近的颶風導致實物損失和經營中斷，預計會在短期內影響未來的EBITDA和RevPAR。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
