secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001474098-24-000102
Event type: earnings
Sentiment:  positive
Materiality: 0.73
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook Q2 net income $32.2M; Adj FFO per share $0.69 (+11.3%); raises 2024 guidance
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- Same-Property Total RevPAR +2.5% vs Q2 2023; urban +3.4%, resort +0.6%.
- Adjusted EBITDAre $123.5M (+6.2% YoY); Same-Property EBITDA $117.2M (+8.9% YoY).
- 2024 outlook raise: Adjusted EBITDAre $351-360M; Adj FFO/sh $1.59-$1.67 (midpoint +$0.08).
- LaPlaya Beach Resort Q2 EBITDA $7.0M; booked $7.3M business interruption income, $3.3M above outlook.
- Le Méridien Delfina Santa Monica to rebrand to Hyatt Centric in mid-September 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000102/0001474098-24-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000102/peb-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001474098-24-000102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer