Raymond Martz | Chief Financial Officer |
Jon Bortz | Chairman and Chief Executive Officer |
Anthony Powell | Barclays |
Michael Bellisario | Robert W. Baird and Company |
Bill Crow | Raymond James |
Jim Sullivan | BTIG |
Wes Golladay | RBC Capital Markets |
Dory Heston | Wells Fargo |
Shaun Kelley | Bank of America |
Stephen Grambling | Goldman Sachs |
Lukas Hartwich | Green Street Advisors |
Greetings and welcome to Pebblebrook Hotel Trust Fourth Quarter and Year End Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Raymond Martz, Chief Financial Officer.