Pebblebrook Hotel Trust Sells Chamberlain Hotel for $43.5 Million
Pebblebrook Hotel Trust announced that on May 27, 2026, it successfully completed the sale of the 115-room Chamberlain West Hollywood Hotel in Los Angeles, California for $43.5 million to a third party. For the trailing twelve months ended April 30, 2026, the hotel generated earnings before interest, taxes, depreciation, and amortization of $3.0 million and net operating income of $2.6 million, assuming a capital reserve of 4.0% of total hotel revenues. The $43.5 million sales price equates to a 14.5x EBITDA multiple and a 5.9% NOI capitalization rate.