Pebblebrook Hotel Trust sells Portland’s Hotel Zags for $10 million

Bitget2026/10/09 11:00

Pebblebrook Hotel Trust completed the sale of The Hotel Zags in Portland, Oregon for USD 10 million on Oct. 8, 2026. The 174-room asset posted an estimated trailing-12-month net operating loss of USD 0.8 million through Aug. 31, 2026. Estimated trailing-12-month hotel EBITDA was a loss of USD 0.6 million over the same period. Proceeds earmarked for general corporate purposes, including opportunistic repurchases of common or preferred shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pebblebrook Hotel Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20261007216467) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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