Pebblebrook Hotel (PEB) shares ended the last trading session 5.1% higher at $17.61. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.3% loss over the past four weeks.This increased optimism stems from Pebblebrook Hotel Trust’s acquisition of the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina in Newport, RI, for $174 million. It boosts the company’s portfolio with a resort in the lively, high-barrier-to-entry Newport market.This hotel investment company is expected to post quarterly funds from operations (FFO) of $0.67 per share in its upcoming report, which represents a year-over-year change of +658.3%. Revenues are expected to be $369.15 million, up 126% from the year-ago quarter.FFO and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in FFO estimate revisions are strongly correlated with near-term stock price movements.For Pebblebrook Hotel, the consensus FFO per share estimate for the quarter has been revised 11.7% higher over the last 30 days to the current level. And a positive trend in FFO estimate revision usually translates into price appreciation. So, make sure to keep an eye on PEB going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Pebblebrook Hotel is part of the Zacks REIT and Equity Trust - Other industry. Clipper Realty Inc. (CLPR), another stock in the same industry, closed the last trading session 4% higher at $7.84. CLPR has returned -13.5% in the past month.For Clipper Realty Inc., the consensus FFO per share estimate for the upcoming report has remained unchanged over the past month at $0.11. This represents a change of +10% from what the company reported a year ago. Clipper Realty Inc. currently has a Zacks Rank of #2 (Buy). Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pebblebrook Hotel Trust (PEB): Free Stock Analysis Report Clipper Realty Inc. (CLPR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research