Pebblebrook Hotel says no significant damage at Florida properties from Irma
Pebblebrook Hotel Trust announced that it has experienced no significant property damage or injuries at its two hotels located in Florida as a result of Hurricane Irma. Hotel Colonnade Coral Gables, located in Coral Gables, Florida, remained open during Hurricane Irma and remains open, serving the needs of guests. The hotel incurred wind and water related damage from the hurricane, but the company believes this damage is not material, barring the company's completion of a full property inspection and assessment of the hotel. LaPlaya Beach Resort & Club, a waterfront luxury resort located in Naples, Florida, closed starting Saturday, September 9, 2017, following a mandatory evacuation order issued by Collier County. LaPlaya sustained wind and water related damage from the hurricane. The company does not believe there has been material property destruction to the resort. The hotel will remain closed as the company completes a full review and assessment of the condition of the property, which contains four buildings situated on six acres of beachfront property on the Gulf of Mexico. The company will be working diligently to make repairs and reopen the resort as soon as possible. The company will utilize its property, flood and business interruption insurance policies as needed.