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Pebblebrook Hotel Completes Sale of Chicago Property

Story Highlights
  • Pebblebrook Hotel Trust sold the Westin Michigan Avenue Chicago for $72.0 million.
  • The sale proceeds will reduce debt and support capital priorities, with no major impact on 2025 outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pebblebrook Hotel Completes Sale of Chicago Property

TipRanks Cyber Monday Sale

Pebblebrook Hotel ( (PEB) ) just unveiled an announcement.

On December 3, 2025, Pebblebrook Hotel Trust completed the sale of the 752-room Westin Michigan Avenue Chicago for $72.0 million. The proceeds from this sale will be used to reduce outstanding debt and preferred equity, repurchase common shares, and support other capital allocation priorities. This transaction, along with a previous sale, has allowed the company to reduce its debt by $100 million. Despite the sale, Pebblebrook’s updated fourth-quarter and full-year 2025 outlook remains largely unchanged, as the reduction in interest expenses is expected to offset the loss of hotel-level EBITDA.

The most recent analyst rating on (PEB) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Pebblebrook Hotel stock, see the PEB Stock Forecast page.

Spark’s Take on PEB Stock

According to Spark, TipRanks’ AI Analyst, PEB is a Neutral.

Pebblebrook Hotel’s overall stock score reflects a challenging financial environment with mixed results. The most significant factor is the financial performance, which shows profitability concerns and high leverage. Technical analysis indicates bearish momentum, while the valuation is unattractive due to a negative P/E ratio. The earnings call provided some positive insights, highlighting strong operational performance and an optimistic outlook for 2026.

To see Spark’s full report on PEB stock, click here.

More about Pebblebrook Hotel

Pebblebrook Hotel Trust operates in the hospitality industry, focusing on acquiring and managing upscale hotels in major U.S. cities. The company primarily deals with hotel properties and aims to enhance shareholder value through strategic sales and capital allocation.

Average Trading Volume: 2,316,417

Technical Sentiment Signal: Sell

Current Market Cap: $1.26B

Learn more about PEB stock on TipRanks’ Stock Analysis page.

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