Pebblebrook Hotel Trust appoints Bill Bayless to board
Pebblebrook Hotel Trust announced the addition of Bill Bayless to its Board of Trustees. Bayless, the CEO of Maslow Campus Communities, previously co-founded American Campus Communities, which was sold to Blackstone for $13 billion in 2022. With over 35 years in the real estate industry, Bayless has been involved in transactions totaling $30 billion.
He led American Campus Communities into a publicly traded student housing company and holds positions on the Board of Governors of Nareit and the Executive Committee of the National Multifamily Housing Council. Bayless was awarded Ernst & Young’s 2017 National Entrepreneur of the Year in Construction & Hospitality. The Board of Trustees now consists of eight members, seven of whom are independent.
Pebblebrook Hotel Trust owns 43 hotels with around 10,900 rooms across 14 markets in the United States.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
