secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001474098-23-000158
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook Hotel Trust reports Q3 net loss of $56.5M, adjusted FFO per share $0.61 at top end of outlook
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- Net loss of $56.5M; Adjusted EBITDAre of $116.1M; Adjusted FFO per diluted share $0.61.
- Same-Property Total RevPAR +0.2% YoY; urban markets +4.3% led by DC, SF, LA, Boston.
- Storms (Hilary/Idalia) reduced RevPAR growth by ~90 bps and EBITDA by $2.5M.
- Q4 group/transient pace up 13% vs 2022; Q4 outlook: Adj. FFO/sh $0.09–0.14, RevPAR +1–4%.
- Contract to sell Hotel Zoe Fisherman’s Wharf for $68.5M, expected close Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409823000158/0001474098-23-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409823000158/peb-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001474098-23-000158

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