Pebblebrook's (PEB) Same-Property Revenues Improve in May

For PEB's urban portfolio, same-property urban occupancy improved 3.3 percentage points, while ADR witnessed a rise of 3%. The Zacks Consensus Estimate for LAMR's current-year FFO per share has moved 3.7% north in the past two months to $8.03. In May, the company witnessed same-property total revenue growth of 7.3% on a year-over-year basis. This was driven by a 7.8% rise in non-room revenues. Its same-property expenses per occupied room decreased 7.8%, or 2.7%, when excluding the positive impact of real es ...