---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-23-000103"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:33:13.925629+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook Q1 net loss $22M, RevPAR up 23.8%; Q2 guidance suggests improving trends

## Summary
- Q1 net loss of $22.0M; Adjusted FFO per diluted share $0.18 vs. $0.11 in Q1 2022.
- Same-Property Total RevPAR increased 23.8% YoY; Same-Property EBITDA $59.3M, up 25.4%.
- Completed $135.3M in property sales; executed contracts to sell Monaco Seattle ($63.3M) and Vintage Seattle ($33.7M) expected to close in Q2 2023.
- Q2 2023 guidance: net income $34-38.9M, Same-Property RevPAR +1-4% YoY, Adjusted FFO $0.52-0.57 per diluted share.
- Made $26.2M in capital investments during Q1, including major renovations and redevelopment of Hotel Solamar into Margaritaville.

## SEC filing metadata
- accession: 0001474098-23-000103
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409823000103/0001474098-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409823000103/peb-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-23-000103
- JSON: https://secwatch.observer/filing/0001474098-23-000103.json
- Plain text: https://secwatch.observer/filing/0001474098-23-000103.txt

## Key facts
- Earnings Releases
  Pebblebrook Hotel Trust reported financial results for the three months ended March 31, 2023.
  - Period: the three months ended March 31, 2023
  - Result: reported results
  source text: On April 26, 2023, Pebblebrook Hotel Trust (the “Company”) issued a press release announcing the Company’s results of operations for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474098/000147409823000103/0001474098-23-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.