Ray Martz | Chief Financial Officer |
Jon Bortz | Chairman & Chief Executive Officer |
Rich Hightower | Evercore ISI |
Smedes Rose | Citi |
Aryeh Klein | BMO Capital Markets |
Anthony Powell | Barclays |
Shaun Kelley | Bank of America Merrill Lynch |
Bill Crow | Raymond James. |
Michael Bellisario | Robert W. Baird |
Jim Sullivan | BTIG |
Neil Malkin | Capital One Securities |
Gregory Miller | SunTrust Robinson Humphrey |
Wes Golladay | RBC Capital Markets |
Lukas Hartwich | Green Street Advisors |
Greetings and welcome to the Pebblebrook Hotel Trust Fourth Quarter and Year-end Earnings 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.
It is now my pleasure to introduce your host Ray Martz, Chief Financial Officer.