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Pebblebrook Hotel Trust (NYSE:PEB) Q2 2023 Earnings Call Transcript

Operator: Greetings and welcome to the Pebblebrook Hotel Trust Second Quarter Earnings Call. At this time, all participants are in a listen-only mode.

189 Room Hotel Monaco Seattle in Seattle, WA Sold for $63 3 Million

Article - 189 Room Hotel Monaco Seattle in Seattle, WA Sold for $63.3 Million - For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 million, and its Hotel EBITDA was $2.1 million, with the $63.3 million sales price reflecting a 30.7x EBITDA multiple and a 2.5% net operating income capitalization rate.

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