Posted 8/7/2012 - 9:40:47 AM
|
|
|
|
|
|
|
|
|
|
|
What are these?
Tweet
BETHESDA, MD–Pebblebrook Hotel Trust second quarter 2012 RevPAR increased 12.9%, compared to the same period in 2011.
ADR during the quarter grew 5.4%, while occupancy increased 7.1% to 84.9%. During the quarter, the REIT invested $13.4 million on property upgrades with special attention to hotels in San Diego, Los Angeles and Seattle, reflecting the strong growth prospects for markets on the West Coast.
