PEBBLEBROOK HOTEL TRUST overview

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends. Please visit https://investor.pebblebrookhotels.com/investor-presentations-1 to view the updated presentation the Company issued on its website with additional details on the current operating trends. About Pebblebrook Hotel Trust Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels...

Q2 FINANCIAL HIGHLIGHTS Net income: $46.2 million Same-Property Total RevPAR(1) increased 0.6% vs. 2022, with urban markets up 6.0%, leading the portfolio’s growth Same-Property EBITDA of $110.7 million, in line with our previous Q2 Outlook Adjusted EBITDA re (1) of $116.2 million and Adjusted FFO(1) per diluted share of $0.62, both exceeded our Q2 Outlook Repurchased 3.6 million common shares for $50.0 million during the quarter HOTEL OPERATING TRENDS Business demand, both group and...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends. Please visit https://investor.pebblebrookhotels.com/investor-presentations-1 to view the updated presentation the Company issued on its website with additional details on the current operating trends. About Pebblebrook Hotel Trust Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 17, 2023 to shareholders of record as of June 30, 2023 (the “Record Date”). The Board of Trustees also authorized, and the Company has declared, regular quarterly cash dividends on the Company’s preferred shares of beneficial interest as follows, each of...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ended June 30, 2023 on Thursday, July 27, 2023, after the market closes. The Company will conduct its quarterly conference call on Friday, July 28, 2023, at 9:00 AM ET. To participate in the conference call, please follow the steps listed below: On Friday, July 28, 2023, dial (877) 407-3982 approximately ten minutes before the call begins (8:50 AM ET);...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on May 24, 2023, it closed on the sale of the 125-room Hotel Vintage Seattle in Seattle, WA for $33.7 million to a third party. For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $0.8 million, and its Hotel EBITDA was $1.1 million, with the $33.7 million sales price reflecting a 31.0x EBITDA multiple and a 2.3% net operating income capitalization rate. Based on the hotel’s operating...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends. Please visit https://investor.pebblebrookhotels.com/investor-presentations-1 to view the updated presentation the Company issued on its website with additional details on the current operating trends. About Pebblebrook Hotel Trust Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on May 9, 2023, it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, WA for $63.3 million to a third party. For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 million, and its Hotel EBITDA was $2.1 million, with the $63.3 million sales price reflecting a 30.7x EBITDA multiple and a 2.5% net operating income capitalization rate. Based on the hotel’s operating...