Pebblebrook Hotel Trust Q2 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Neil Lawrence Malkin - Capital One Securities, Inc., Research Division - Analyst : Maybe switching gears a little bit. Something that was brought up maybe in April when this thing really started getting pretty bad was the ability or potential to make business interruption claims for hotels given the government-mandated shutdowns or restrictions? Just wondering if you have any update with that. And if there's any potential to come to some sort of agreement or some sort of proceeds to help offset losses, particularly when shutdowns or government-mandated.

Question: Neil Lawrence Malkin - Capital One Securities, Inc., Research Division - Analyst : Okay. Great. And I know that in some of your hotels, even if they're not open or you don't plan on opening, you do forward bookings or pre-bookings to kind of gauge or test the waters. Just curious, are you -- you talk about 5 hotels opening in August. Based on the sort of pre-booking or initial demand that you're kind of trying to ascertain, do you think that you can potentially open more than 5 hotels? Maybe if you can just give a comment on how those trends have looked.