Pebblebrook Hotel Trust

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) that specializes in the opportunistic acquisition and investment in upper upscale, full-service hotel and resort properties. These properties are strategically located in or near urban markets within major United States gateway cities. The company's core mission is to deliver long-term, industry-leading total returns to its shareholders, including a reliable stream of income, through a focus on high-quality lodging properties with operational and redevelopment potential. Headquartered in Bethesda, Maryland, Pebblebrook Hotel Trust operates as an internally managed and administered REIT.

Pebblebrook Hotel Trust distinguishes itself as the largest owner of urban and resort lifestyle hotels in the United States. Its portfolio comprises 44 hotels, encompassing approximately 11,000 guest rooms, spread across 13 urban and resort markets. The company's strategy involves acquiring well-located, high-quality hotels and enhancing their value through targeted renovations, rebranding initiatives, and operational optimization. While Pebblebrook owns these properties, day-to-day operations are managed by third-party hotel operators.

Jon E. Bortz has served as Chairman and Chief Executive Officer since the company's inception in December 2009. In recent news, Pebblebrook Hotel Trust reported strong first-quarter 2026 results, surpassing its initial outlook with significant year-over-year growth in Hotel EBITDA, Adjusted EBITDAre, and Adjusted FFO per diluted share. This performance was attributed to robust demand across both urban and resort markets, including a sharp recovery in key cities like San Francisco and Los Angeles, alongside the successful ramp-up of recently redeveloped resorts. Consequently, the company has raised its 2026 outlook, though it maintains a cautious stance due to broader macroeconomic risks.