9/30/2011

Pebblebrook Hotel Trust will likely cut back on hotel deals in the immediate future because of economic conditions, company executives said at the real estate investment trust's first institutional investor and analyst meeting. "I think it's pretty choppy out there, and deals will be tough to achieve for the remainder of the year," said Pebblebrook Chairman and CEO Jon Bortz. When the firm decides to re-enter the buying game, it will be looking at properties in New Orleans, Denver and Chicago, the executives said.

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