{"schema_version":"secwatch.filing_event.v1","accession":"0001474098-23-000134","form_type":"8-K","ticker":"PEB","cik":"0001474098","company_name":"Pebblebrook Hotel Trust","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.025440+00:00","generated_at":"2026-06-13T00:20:09.692421+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pebblebrook Hotel Trust Q2 net income $46.2M, Adjusted FFO $0.62 beats outlook; Q3 RevPAR flat to down","bullets":["Net income $46.2M; Adjusted EBITDAre $116.2M and Adjusted FFO $0.62/diluted share, both exceeded Q2 outlook.","Same-Property RevPAR +0.6% YoY; urban markets up 6.0% (San Francisco, LA, DC, Chicago, Portland).","Repurchased 3.6M common shares for $50.0M during Q2.","Q3 2023 outlook: Net income $14.6-$20.6M; Adj. EBITDAre $110-$116M; Adj. FFO $0.56-$0.61/share.","Sold Hotel Monaco Seattle ($63.3M) and Hotel Vintage Seattle ($33.7M); invested $52.5M in capex."],"urls":{"canonical":"https://secwatch.observer/filing/0001474098-23-000134","json":"https://secwatch.observer/filing/0001474098-23-000134.json","markdown":"https://secwatch.observer/filing/0001474098-23-000134.md","text":"https://secwatch.observer/filing/0001474098-23-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1474098/000147409823000134/0001474098-23-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1474098/000147409823000134/peb-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T00:20:09.692421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00465a73785bf0fab84a1f9af02cafcea3e0ad5d","claim":"Pebblebrook Hotel Trust reported the three months ended June 30, 2023 results: net income $46.2 million.","evidence_excerpt":"EBBLEBROOK HOTEL TRUST REPORTS SECOND QUARTER 2023 RESULTS 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 EBITDAre (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 transient, continues to recover; strong occupancy gains in San Francisco, Los Angeles, Washington DC, Chicago, and Portland § Group revenue pace for the second half of 2023 is ahead a robust 18.5% over the same period in 2022, with ADR ahead by 7.3% § Leisure demand continues to be healthy, with weekend occupancy ahead of the same period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1474098/000147409823000134/0001474098-23-000134-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Net income","value":"$46.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0a772df4710ba3efff6e968a1e03f7a97f447915","claim":"Pebblebrook Hotel Trust reported Q3 2023 results: net income $14.6 to $20.6 million. Guidance initiated.","evidence_excerpt":"sitioning projects at Viceroy Santa Monica Hotel, Hilton San Diego Gaslamp Quarter, Jekyll Island Club Resort, Estancia La Jolla Hotel & Spa, and the conversion of Hotel Solamar into Margaritaville Hotel San Diego Gaslamp Quarter Q3 2023 OUTLOOK § Net income: $14.6 to $20.6 million § Same-Property RevPAR (1) vs. 2022: (2.0%) to +1.0% § Adjusted EBITDA re (1) : $110.0 to $116.0 million § Adjusted FFO (1) per diluted share: $0.56 to $0.61 (1) See tables later in this press release for a description of Same-Property information and reconciliations from net income (loss) to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1474098/000147409823000134/0001474098-23-000134-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q3 2023"},{"label":"Net income","value":"$14.6 to $20.6 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}