WASHINGTON (dpa-AFX) - Pebblebrook Hotel Trust (PEB) Thursday said it currently projects full-year 2014 Adjusted funds from operations, or adjusted FFO, in the range of $1.78 to $1.86 per share.
Analysts currently expect full-year FFO of $1.89 per share. Analysts' estimates typically exclude special items.
Full-year earnings are projected in the order of $0.99 to $1.07 per share.
The company has forecast U.S. Hotel Industry RevPAR Growth in the order of 5.0 percent to 6.0 percent, with Pro-Forma Portfolio RevPAR Growth raning between 6.5 percent and 7.5 percent.
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