Pebblebrook Hotel Trust completed the sale of The Hotel Zags, a 174-room property in Portland, Oregon, for $10.0 million on October 8, 2026. The hotel generated an estimated trailing twelve-month net operating loss of ($0.8) million and EBITDA of ($0.6) million through August 31, 2026. Proceeds will be used for general corporate purposes, including potential share repurchases. This transaction is not expected to impact the company's third quarter 2026 outlook. Pebblebrook Hotel Trust is a publicly traded real estate investment trust that owns and operates urban and resort lifestyle hotels across the United States.
