Skip to content
Harborby Signalry

Public tape · 104 of 282 · 2022

Jun 23, 2022Historical cited · 2022

Gurney’s Newport Resort & Marina — Pebblebrook acquisition

Pebblebrook completed the acquisition of the 257-room Gurney’s Newport Resort & Marina in Newport, Rhode Island on June 23, 2022 for $174.0 million from an unaffiliated third party. Harbor PPK is $174.0 million ÷ 257. The same June 23, 2022 8-K names June 23, the 257 rooms, and that price. Use the $174.0 million hotel price, not the revolving credit-facility draw. Seller unnamed. Filing names Newport, Rhode Island — Harbor will not invent a Goat Island lock. Later Newport Harbor Island Resort is a rebrand, not a second tape. Not The Chanler and not a Watch Hill palace PPK. Inn on Fifth stays off (hotel plus adjacent development parcel). Older than the 2025–26 blotter cut.

$174.0M

Cited consideration · 257 keys · $677k / key

Pebblebrook 8-K: $174.0 million for the 257-room Gurney’s Newport Resort & Marina. Newport resort — not a Watch Hill palace PPK.

Public filingHistorical cited · 2022Issuer filing257 keys

Pebblebrook Hotel Trust Form 8-K, June 23, 2022 (closed June 23)

Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2022 cited corpus2022 cited filings

Keys at tape
257
Segment
Luxury
Market
Newport
Buyer
Pebblebrook Hotel Trust
Seller
—

Source

Pebblebrook Hotel Trust Form 8-K, June 23, 2022 (closed June 23)

https://www.sec.gov/Archives/edgar/data/1474098/000147409822000090/peb-20220623.htm

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape
$174.0M

$677,043 / key · 257 keys

Worksheet
$215.5M

$838,564 / key · Harbor defaults

Gap
+24%

Newport · worksheet vs tape PPK

Pebblebrook 8-K: $174.0 million for the 257-room Gurney’s Newport Resort & Marina. Newport resort — not a Watch Hill palace PPK.

Public filingHistorical cited · 2022Issuer filing257 keys

Pebblebrook Hotel Trust Form 8-K, June 23, 2022 (closed June 23)

Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

Newport · Luxury

Gurney’s Newport Resort & Marina

257 keys · Newport

Newport resort. Pebblebrook bought the 257-key house on June 23, 2022 for $174.0 million (8-K). Seller unnamed. Use that hotel price, not the credit-facility draw. Later Newport Harbor Island Resort is a rebrand, not a second tape. Harbor will not invent a Goat Island lock. Not The Chanler and not a Watch Hill palace PPK. Inn on Fifth stays off (hotel plus adjacent development parcel).