Per Pebblebrook Hotel Trust's (PEB) recently released update, though non-room revenues increased 0.5% in April, same-property total revenues fell 1.2% year over year. Its same-property expenses increased 2.5%. The overall performance in April was affected due to the calendar shifts of Easter and Passover, as well as moving out of several large conventions to other months. Shares of the company witnessed a 4.6% decline on the NYSE, following the announcement through the May 23 closing session. The company no ...

PEBBLEBROOK HOTEL TRUST REPORTS FIRST QUARTER 2024 RESULTS | | ▪ Net loss: ($27.5) million | | --- | --- | | Q1 FINANCIAL | (1) ▪ Same-Property RevPAR increased 1.7% vs. Q1 2023, with Urban RevPAR improving 4.9% and Resort RevPAR declining 4.4% | | HIGHLIGHTS | ▪ Same-Property EBITDA of $59.8 million, down $1.4 million, or 2.3%, vs. Q1 2023 (1) | | | (1) | | | ▪ Adjusted EBITDAre of $60.8 million, flat to Q1 2023 | | | (1) ▪ Adjusted FFO per diluted share of $0.21, increasing from $0.18 in Q1 2023 | | | § B ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . 4747 Bethesda Avenue, Suite 1100, Bethesda, Maryland 20814 (Address of Principal Executive Offices) (Zip Code) (240) 507-1300 (Registrant's telephone number, includi ...

PEBBLEBROOK HOTEL TRUST REPORTS 2023 RESULTS AND PROVIDES 2024 OUTLOOK | 2023 FINANCIAL | ▪ Net loss: $74.3 million | | --- | --- | | | (1) ▪ Same-Property Total RevPAR increased 5.9% vs. 2022 | | | (1) ▪ Same-Property Hotel EBITDA of $350.9 million, 2.6% below 2022 | | RESULTS | (1) ▪ Adjusted EBITDAre of $356.4 million, vs. $356.7 million in 2022 | | | (1) ▪ Adjusted FFO per diluted share of $1.60 vs. $1.69 in 2022 | | Q4 FINANCIAL | § Same-Property Total RevPAR increased 5.7% vs. 2022, exceeding our outl ...

Washington, D.C. 20549 FORM10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-34571 PEBBLEBROOK HOTEL TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-1055421 (State of Incorporation or Organizatio ...

Pebblebrook Hotel Trust (NYSE:PEB) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants Raymond Martz - Co-President & Chief Financial Officer Jon Bortz - Chairman & Chief Executive Officer Tom Fisher - Co-President & Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Bill Crow - Raymond James Floris van Dijkum - Compass Point Ari Klein - BMO Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Anthony Powell - Barclays Michael Bellis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Maryland 27-1055421 (State of Incorporation or Organization) (I.R.S. Employer Identification No.) 4747 Bethesda Avenue, Suite 1100, Bethesda, Maryland 20814 (Address of Principal Executive Offices) (Zip Code) (240) 507-1300 (Registrant's telephone number, including area code) For the quarterly period ended September 30, 2023 OR ☐ TRANSITIO ...

Pebblebrook Hotel Trust (NYSE:PEB) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Raymond Martz - CFO Jon Bortz - Chairman and CEO Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Bill Crow - Raymond James Duane Pfennigwerth - Evercore ISI Floris van Dijkum - Compass Point Ari Klein - BMO Capital Markets Michael Bellisario - Baird Gregory Miller - Truist Securities Anthony Powell - Barclays Operator Greetings and welcome to the Pebblebrook Hotel Trust ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-34571 PEBBLEBROOK HOTEL TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-1055421 (State of Incorporation or Organiz ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q1 2023 was $60.8 million, a 30.9% increase year-over-year [5] - Adjusted FFO was $22.4 million, with adjusted FFO per share of $0.18, representing a 67.3% improvement [5] - Revenue growth was negatively impacted by approximately $11 million due to remediation from Hurricane Ian and ongoing redevelopments [6] Business Line Data and Key Metrics Changes - Same property RevPAR increased by 18.5%, while non-room revenue grew by 34.4% [31] - Non-room revenue growth was particularly strong at 53.1%, driven by increased prices and group demand [17] - San Francisco hotels saw a 117.5% increase in same property RevPAR, with occupancy rising to 46% [32] Market Data and Key Metrics Changes - Markets with robust year-over-year growth included San Francisco, Washington DC, Portland, Seattle, and Chicago [7] - San Diego experienced strong performance, benefiting from a robust convention calendar despite disruptions from heavy rains [19] - Key West was the weakest market, with a 16.6% decline in RevPAR, primarily due to a drop in ADR and occupancy [33] Company Strategy and Development Direction - The company plans to utilize proceeds from asset sales to reduce net debt and potentially repurchase shares [14][15] - Major redevelopment projects include the transition of Hotel Solamar into a Margaritaville Hotel and upgrades at Jekyll Island Club resort [24][49] - The company aims to invest $145 million to $155 million into the portfolio during 2023 [37] Management's Comments on Operating Environment and Future Outlook - Management has not observed noticeable increases in cancellations related to macroeconomic concerns, with disruptions primarily weather-related [12] - The company expects continued recovery in business travel and urban markets, with significant occupancy and revenue opportunities [41] - Management remains cautious about staffing levels and is evaluating hiring processes in light of macroeconomic uncertainties [89] Other Important Information - The company has repurchased 8.5 million common shares since October 2022, utilizing $124.6 million of capital [38] - Insurance costs are expected to rise significantly due to recent weather-related events and inflationary pressures [80] - The company has approximately $800 million in liquidity, providing a buffer against potential economic downturns [118] Q&A Session Summary Question: Can you elaborate on cost pressures related to wages? - Management indicated that wage growth is expected to be in the 4% to 5% range, with pressures stemming from restaffing efforts [52] Question: How are you managing insurance costs? - Insurance costs are projected to increase significantly due to recent storms and inflation, with overall insurance costs being about 1.5% of total expenses [56][80] Question: What is the outlook for urban markets? - Urban markets are seeing a recovery in business travel, with increased group demand and occupancy levels expected to improve [94][115] Question: Are there plans for more asset sales? - The company is focused on selling lower-quality assets and reallocating capital to higher-return opportunities, including stock repurchases [96][116] Question: How is the company addressing potential economic slowdowns? - Management is maintaining a cautious approach to hiring and is prepared to adjust staffing levels based on market conditions [89]