PEBPE.PFD (Pebblebrook Hotel Trust) Average Occupancy Rate % : 0.00% (As of . 20)

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What is Pebblebrook Hotel Trust Average Occupancy Rate %?

Average Occupancy Rate % is the percentage of occupied rooms in the property at a given time. It measures the ratio of occupied to total usable rental space. For hotel hospitality industry, a higher occupancy rate is better.

The historical rank and industry rank for Pebblebrook Hotel Trust's Average Occupancy Rate % or its related term are showing as below:

PEBpE.PFD's Average Occupancy Rate % is not ranked ^*
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Average Occupancy Rate % only.

Pebblebrook Hotel Trust Average Occupancy Rate % Historical Data

The historical data trend for Pebblebrook Hotel Trust's Average Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pebblebrook Hotel Trust Average Occupancy Rate % Chart

Pebblebrook Hotel Trust (NYSE:PEBpE.PFD) Average Occupancy Rate % Calculation

Average Occupancy Rate % is calculated as

Average Occupancy Rate %

Number of Occupied Rooms

Number of Available Rooms

100%

Pebblebrook Hotel Trust (NYSE:PEBpE.PFD) Average Occupancy Rate % Explanation

Average Occupancy Rate % is the percentage of occupied rooms to the total amount of available rooms in the hotel at a given time. It is one of the most high-level indicators of the hotel business, providing an indication of anticipated cash flows.

For hotel business, a higher occupancy rate is better. Hotels with low occupancy rates often have worse profitability than similar properties with high occupancy rates, since they have to spend time and money to find additional guests and face the risk of not making money but still having to pay maintenance costs and taxes. In some cases, a low occupancy rate indicates inefficient hotel management.

Applying length of stay (LOS) restrictions is the best way to increase the occupancy rate. Hotels can also improve their occupancy rate by improving the service or investing in advertisement. However, the occupancy rate is also decided by the location of the hotel and the season.

Pebblebrook Hotel Trust Average Occupancy Rate % Related Terms

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Pebblebrook Hotel Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pebblebrook Hotel Trust (NYSE:PEBpE.PFD) » Definitions » Average Occupancy Rate %

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PEBpF.PFD:USA PEB:USA

Address

4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814

Website

https://www.pebblebrookhotels.com

Pebblebrook Hotel Trust currently owns upper upscale and luxury hotels with 11,924 rooms across 46 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 US hotels, in November 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.