Pebblebrook Hotel Trust (PEB) Provides Update on Impact of Hurricane Helene
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Pebblebrook Hotel Trust Provides Update on Impact of Hurricane Helene
September 30, 2024 4:15 PM EDTBETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today announced that several of its resorts were impacted by Hurricane Helene and that repair and remediation costs net of insurance payments are expected not to be material.
The 189-room LaPlaya Beach Resort & Club (LaPlaya), a luxury waterfront resort in Naples, Florida, was impacted by the storm starting on September 26, 2024. The resort, which spans three buildings on six acres, including two on the Gulf of Mexico, is undergoing a thorough damage assessment. The Company, along with the operator of LaPlaya, Noble House... More
