Pebblebrook Hotel Trust (NYSE:PEB) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET
Company Participants
Raymond Martz – Co-President and Chief Financial Officer
Jon Bortz – Chairman and Chief Executive Officer
Tom Fisher – Co-President and Chief Investment Officer
Conference Call Participants
Dori Kesten – Wells Fargo
Duane Pfennigwerth – Evercore ISI
Jay Kornreich – Wedbush Securities
Michael Bellisario – Baird
Gregory Miller – Truist Securities
Ari Klein – BMO Capital Markets
Floris van Dijkum – Compass Point
Chris Darling – Green Street
Operator
Greetings and welcome to the Pebblebrook Hotel Trust Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Raymond Martz, Co-President and Chief Financial Officer. Thank you. You may begin.
Raymond Martz
Thank you, Donna, and good morning, everyone. Welcome to our fourth quarter and full year 2024 earnings call. Joining me today is Jon Bortz, our Chairman and Chief Executive Officer; and Tom Fisher, our Co-President and Chief Investment Officer. Before we begin, I’d like to remind everyone that today’s comments are effective only for today February 27, 2025 and our comments may include forward-looking statements which are subject to risks and uncertainties.
Please refer to our SEC filings for a thorough discussion of these risk factors and visit our website for detailed reconciliations of any non-GAAP financial measures discussed during the call. We have a lot to cover this morning, so let’s dive right into our financial results. We are pleased to report that our fourth quarter and year-end 2024 results significantly outperformed our outlook, driven by strong performance from our resort portfolio and continued momentum at our recently redeveloped properties.
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