Blog: PEBBLEBROOK HOTEL TRUST : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

Item 7.01. Regulation FD Disclosure.

Pebblebrook Hotel Trust (the “Company”) issued a press release on September 15,
2022, announcing that on September 14, 2022, it closed on the sale of the
117-room Hotel Vintage Portland, located in Portland, OR, for $32.9 million to a
third party.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report
on Form 8-K and is hereby incorporated by reference herein.

Item 8.01. Other Events.

On September 14, 2022, the Company closed on the sale of the 117-room Hotel
Vintage Portland, located in Portland, OR, for $32.9 million to a third party.
Proceeds from the sale will be used for general corporate purposes, which may
include reducing the Company’s outstanding debt borrowings associated with
recent hotel acquisitions, in accordance with the Company’s investment strategy.

Forward-Looking Statements

This Current Report on Form 8-K contains certain “forward-looking statements”
made pursuant to the safe harbor provisions of the Private Securities Reform Act
of 1995. Forward-looking statements are generally identifiable by the use of
forward-looking terminology such as “estimated” and “will” or other similar
words or expressions. Forward-looking statements are based on certain
assumptions and can include future expectations, future plans and strategies,
financial and operating projections and forecasts and other forward-looking
information and estimates. The intended use of proceeds from the disposition is
an example of a forward-looking statement. Forward-looking statements are
subject to various risks and uncertainties, many of which are beyond the
Company’s control, which could cause actual results to differ materially from
such statements. These risks and uncertainties include, but are not limited to,
the state of the U.S. economy, the operating performance of our hotels and the
demand for hotel properties, and other factors as are described in greater
detail in the Company’s filings with the Securities and Exchange Commission,
including, without limitation, the Company’s Annual Report on Form 10-K for the
year ended December 31, 2021. Unless legally required, the Company disclaims any
obligation to update any forward-looking statements, whether as a result of new
information, future events or otherwise.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.              Description
  99.1                   Press release, issued September 15, 2022, announcing the sale of Hotel
                         Vintage Portland in Portland, OR
104                      Cover Page Interactive Data File (embedded within the Inline XBRL document)



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