Get Cash Back and $0 Commissions
+ The Power of TradeStation
Business Wire 22-Jan-2019 8:00 AM
Recognizing the Year's Best Hotels
Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") today announced the nominations for its Seventh Annual Pebby Awards. The Pebby Award nominees were chosen for their outstanding accomplishments in 2018, as determined by the Company.
The Academy's nominations are notably diverse and naturally more competitive given the large increase in candidates. Nonetheless, several hotels earned multiple nominations; Hotel Zeppelin San Francisco and Hotel Zelos San Francisco both earned six nominations, Hotel Zetta San Francisco earned five, and Union Station Hotel Nashville, Autograph Collection and LaPlaya Naples Beach Resort & Club each earned four. The intense competition amongst the portfolio's leaders is certain to mark this year as one of the most exciting Pebby Awards ceremonies.
"The nomination process for the Pebby Awards becomes increasingly competitive every year, and 2018 was particularly exciting given the acquisition of LaSalle Hotel Properties," noted Jon Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust.
And the nominees are…
Best Picture – For best overall performance by a hotel in 2018, based on operating execution and profitability, taking into consideration the strength of the market in which the hotel is located.
Best Directing – For best overall leadership by a management team in 2018, including revenue management, sales, marketing and comprehensive expense management.
Best Production – For best overall hotel profitability flow-through in 2018. The management team at this hotel generated the greatest operating profitability improvement over the prior year based on revenue growth.
Best Actor/Actress – For best overall Sales and Marketing team to support the performance of a hotel.
Best Live Action Short Film – For best overall revenue management strategies and execution to support the performance of a hotel.
Best Visual Effects – 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.
Best Music (Original Score) – For best overall performance following a prior year major renovation as evidenced by an increase in market share and operating cash flow, taking into consideration the strength of the market in which the hotel is located.
Best Cinematography – For best implementation of energy conservation programs and green initiatives in an effort to reduce the hotel's carbon footprint and energy expenses.
Best Adapted Screenplay – For best overall forecasting accuracy of actual operating profitability by an individual hotel.
Best Documentary – For best overall implementation of accounting standards and controls, including success in minimizing credit card chargebacks and overall expense management.
Best Animated Feature Film – For best overall performing restaurant or bar, not only measured on profitability, but also on fostering creativity, creating an experience, activating the hotel, while also supporting the hotel's operations.
Honorary Achievement Award – For the most improved TripAdvisor ranking in 2018 by an individual hotel.
The Seventh Annual Pebby Award winners will be announced on Friday, February 22, 2019 starting at 3:00 PM ET. Join us on Twitter @PebblebrookPEB to receive live updates as the Pebby Winners are announced. Please also visit our web site at www.pebblebrookhotels.com to learn more about our hotels and the well-regarded management teams leading them.
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 63 hotels, totaling approximately 15,300 guest rooms, located in 10 states and the District of Columbia, including: Del Mar, California; Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Santa Cruz, California; Washington, DC; Coral Gables, Florida; Key West, Florida; Naples, Florida; Buckhead, Georgia; Chicago, Illinois; Boston, Massachusetts; New York, New York; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington. For more information, please visit us at www.pebblebrookhotels.com and follow us on Twitter at @PebblebrookPEB.
For additional information or to receive press releases via email, please visit our website at www.pebblebrookhotels.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190122005458/en/