North America
Pebblebrook Boosts EBITDA Outlook
Pebblebrook Hotel Trust increased their 2024 EBITDA and AFFO outlook despite reducing their RevPAR outlook, anticipating a stronger 2025.
Newfoundland
North America
Canadian Hotels Enjoy Record Average Daily Rates
DJIA, Nasdaq down; S&P 500 fell; 10-year treasury yield up.
Hotel Trends: Global RevPAR growth; Canada's record ADR and RevPAR; mixed occupancy rates.
Developments: Hotel expansions, renovations; Hyatt Vacation Club launch; new CEOs, brand in Croatia.