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Introduction
I have written about several hospitality REITs in the past couple of months, most recently on Ashford Hospitality Trust (NYSE: AHT) and Hersha Hospitality Trust (NYSE: HT). I also wrote about
Pebblebrook Hotel Trust: Healthy Balance Sheet But (Near) Zero Dividends
Summary
- Pebblebrook Hotel Trust, a hospitality REIT, is set to report its earnings soon; the company focuses on full-service upscale and luxury hotels and resorts in major gateway markets.
- The company reported a net loss of $22 million in Q1 2023, a significant improvement from a $100 million loss in the same period last year.
- Despite a robust balance sheet and potential for increased dividends, the company's current near-zero dividend yield is a concern.
My aim is to build a financial portfolio which will enable me to become financially independent. While I have a keen interest in the financial markets, and am constantly seeking to learn more about various sectors, this means I tend to gravitate towards dividend stocks as they will provide me with a steady stream of income to achieve my goal of becoming financially independent.
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