Leisure demand buoys Pebblebrook over summer into fall
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Pebblebrook continued to have higher earnings in Q3 than Q2 as leisure travel increased from September to October. Jon Bortz, CEO, plans to reopen the remaining 14 properties closed in their portfolio as travel demand begins to increase. However, Bortz did note that he does not believe the industry will see an uptick in business travel until medical advances are made.