Recent Updates — PEB
Pebblebrook Hotel Trust reported a third-quarter net loss of $54.6 million, driven by $77.3 million in non-cash impairment charges related to strategic dispositions. Despite the GAAP loss, core operating metrics exceeded expectations: Same-Property Hotel EBITDA rose 15.1% year-over-year to $115.2 million, and Adjusted FFO per diluted share increased 23.5% to $0.63. The company raised its full-year 2026 outlook for Adjusted EBITDAre to a midpoint of $365.3 million and Adjusted FFO per share to $1.90, citing resilient travel demand and strong pricing power in urban and resort markets. Additionally, the firm sold The Hotel Zags Portland for $10.0 million and repurchased 1.2 million common shares for $20.9 million during the quarter. Pebblebrook Hotel Trust is a publicly traded real estate investment trust that owns and operates upscale hotels and resorts across the United States.
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.
Pebblebrook Hotel Trust announced that Bill Bayless joined its Board of Trustees on October 1, 2026. The board size increased from seven to eight members to accommodate the appointment. Mr. Bayless serves as CEO and Executive Chairman of Maslow’s Campus Communities and brings over 35 years of real estate experience, including involvement in nearly $30 billion in transactions and co-founding American Campus Communities. He received a one-time award of $50,000 in common shares vesting annually over three years and will receive standard trustee fees on a pro-rated basis. Pebblebrook Hotel Trust is a publicly traded real estate investment trust that owns 43 urban and resort lifestyle hotels across the United States.
On September 15, 2026, Pebblebrook Hotel Trust declared quarterly cash dividends for the third quarter ending September 30, 2026. The Board authorized a $0.01 per share dividend on common shares and specific amounts on preferred shares: $0.39844 for Series E (6.375%), $0.39375 for Series F (6.30%), $0.39844 for Series G (6.375%), and $0.35625 for Series H (5.70%). All dividends are payable on October 15, 2026, to holders of record as of September 30, 2026. Pebblebrook Hotel Trust is a real estate investment trust that owns and operates urban and resort lifestyle hotels in the United States.
Pebblebrook Hotel Trust declared a quarterly cash dividend of $0.01 per share on its common shares and quarterly dividends on its Series E, F, G, and H preferred shares of $0.39844, $0.39375, $0.39844, and $0.35625 per share respectively for the quarter ending June 30, 2026. The dividends are payable on July 15, 2026, to holders of record as of June 30, 2026. Pebblebrook Hotel Trust is a real estate investment trust that owns and operates luxury and upscale hotels and resorts.
Pebblebrook Hotel Trust announced on June 9, 2026, that it will release its financial and operating results for the quarter ending June 30, 2026, on July 29, 2026, after market close. A quarterly conference call is scheduled for July 30, 2026, at 9:00 AM ET. Pebblebrook Hotel Trust is a real estate investment trust that owns and operates urban and resort lifestyle hotels in the United States.