---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-24-000042"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:58:48.196631+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook Hotel Trust 2023 net loss $74.3M; Q4 beats outlook; 2024 guidance issued

## Summary
- Net loss for 2023 of $74.3M; Adjusted FFO per diluted share $1.60 vs $1.69 in 2022.
- Same-Property Total RevPAR up 5.9% in 2023; Q4 Same-Property Total RevPAR up 5.7%, beating top of outlook.
- Sold 7 properties for ~$331M in 2023; proceeds used to reduce debt and repurchase shares.
- Extended $357M of $460M Oct 2024 term loan to 2028; paid down $157.6M debt, including $110M of 2024/2025 maturities.
- 2024 outlook: net loss $62-47M; Same-Property Hotel EBITDA $345-360M; Adjusted FFO per share $1.49-$1.61; capex $85-90M.

## SEC filing metadata
- accession: 0001474098-24-000042
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2024-02-21T23:59:59+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/1474098/000147409824000042/0001474098-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409824000042/peb-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-24-000042
- JSON: https://secwatch.observer/filing/0001474098-24-000042.json
- Plain text: https://secwatch.observer/filing/0001474098-24-000042.txt

## Key facts
- Earnings Releases
  Pebblebrook Hotel Trust reported three months and year ended December 31, 2023 results: net income Net loss: $74.3 million. Guidance initiated.
  - Period: three months and year ended December 31, 2023
  - Net income: Net loss: $74.3 million
  - Guidance: initiated
  - Result: reported results
  source text: On February 21, 2024, Pebblebrook Hotel Trust (the “Company”) issued a press release announcing the Company’s results of operations for the three months and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474098/000147409824000042/0001474098-24-000042-index.htm

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