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Pebblebrook extends 2024 term debt to 2028

Hotel Business

Pebblebrook Hotel Trust has extended approximately $357 million of its $460 million October 2024 maturity term loan to 2028. Pricing on all the company’s term loans remained unchanged and is based on a pricing grid of 140 to 245 basis points over the applicable adjusted term SOFR. “We The company paid down approximately $157.6

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Hyatt sees 43% YOY RevPAR growth in Q1

Hotel Business

World of Hyatt member contribution accounted for 21% of room nights at ALG properties in the Americas during the quarter. ALG segment: Results were led by sustained strength of leisure travel demand, favorable pricing and elevated airlift for key Americas destinations. Transactions and capital strategy On Feb.