Pebblebrook Hotel Trust Announces the First Annual Pebby Awards Winners
HOLLYWOOD, Calif. -- February 22, 2013
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the
winners of its first annual Pebby Awards. The Pebby Awards winners were chosen
for their outstanding accomplishments in 2012, as determined by the Company.
“We want to acknowledge the hard work, commitment to excellence and overall
successes of our hotel management teams in 2012,” noted Jon Bortz, Chairman,
President and Chief Executive Officer of Pebblebrook Hotel Trust. “And while
so many of our property teams were great performers, these award winners,
working closely with our asset managers, stood out for driving particularly
exceptional results during the year. We created the ‘Pebby’ awards to
recognize some of our star performers for 2012.”
The categories for the awards are Best Picture, Best Directing, Best Visual
Effects, Best Adaptation of an Original Screenplay, Best Cinematography, and
CRITERIA – For best overall performance by a hotel in 2012, based on
operating execution and profitability, taking into consideration the strength
of the market in which the hotel is located.
AND THE 2012 WINNER IS – INTERCONTINENTAL BUCKHEAD ATLANTA, MANAGED BY
INTERCONTINENTAL HOTELS GROUP!
CRITERIA – For best overall leadership by a management team in 2012,
including revenue management, sales, marketing and comprehensive expense
AND THE 2012 WINNER IS – THE ARGONAUT HOTEL IN SAN FRANCISCO, CA, MANAGED BY
KIMPTON HOTELS & RESTAURANTS GROUP!
Best Visual Effects
CRITERIA – For best overall performance during a major renovation, following
the Company’s standard of “Relentless pursuit of continuous improvement,”
maintaining a pleasant and professional demeanor while living through
disruption, surprises and great inconveniences.
AND THE 2012 WINNER IS – THE WESTIN GASLAMP QUARTER, SAN DIEGO, MANAGED BY
STARWOOD HOTELS & RESORTS!
CRITERIA – For best implementation of energy conservation programs and green
initiatives in an effort to reduce the hotel’s carbon footprint and energy
AND THE 2012 WINNER IS – THE HOTEL MONACO WASHINGTON, DC, MANAGED BY KIMPTON
HOTELS & RESTAURANTS GROUP!
Best Adaptation of an Original Screen Play
CRITERIA – For best overall forecasting accuracy of actual operating
profitability by an individual hotel.
AND THE 2012 WINNER IS – THE SOFITEL PHILADELPHIA HOTEL, MANAGED BY SOFITEL
CRITERIA – For best overall hotel profitability flow-through in 2012. The
management team at this hotel generated the greatest operating profitability
improvement over the prior year.
AND THE 2012 WINNER IS – VICEROY MIAMI, MANAGED BY VICEROY HOTEL GROUP!
“We're thrilled by the successes of these properties, and heartily applaud
them, along with all of our property teams,” stated Mr. Bortz.
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is a publicly traded real estate investment trust
(“REIT”) organized to opportunistically acquire and invest primarily in upper
upscale, full-service hotels located in urban markets in major gateway cities.
The Company owns 26 hotels, including 20 wholly owned hotels with a total of
4,960 guest rooms and a 49% joint venture interest in six hotels with a total
of 1,733 guest rooms. The Company owns, or has an ownership interest in,
hotels located in ten states and the District of Columbia, across 16 markets:
Los Angeles, California; San Diego, California; San Francisco, California;
Santa Monica, California; West Hollywood, California; Miami, Florida;
Buckhead, Georgia; Bethesda, Maryland; Boston, Massachusetts; Minneapolis,
Minnesota; New York, New York; Portland, Oregon; Philadelphia, Pennsylvania;
Columbia River Gorge, Washington; Seattle, Washington; and Washington, DC. For
more information, please visit www.pebblebrookhotels.com.
For additional information or to receive press releases via email, please
visit our website at www.pebblebrookhotels.com
Pebblebrook Hotel Trust
Raymond D. Martz, 240-507-1300
Chief Financial Officer
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