secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001474098-25-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook Hotel Trust reports 2024 adjusted FFO per share $1.68 (+5% YoY); 2025 outlook points lower
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- Full-year 2024 net income $0.0M; Adjusted FFO per diluted share $1.68, up 5.0% from $1.60 in 2023.
- Q4 2024 Adjusted EBITDAre $62.7M exceeded midpoint of outlook by $11.2M including $5.4M Hurricane Ian insurance settlement.
- Same-Property Total RevPAR grew 2.1% in 2024; Q4 Total RevPAR up 1.8% with resorts up 4.0%.
- 2025 outlook: Adjusted EBITDAre $341.5-355.5M, Adjusted FFO per share $1.50-1.62, reflecting ~$9M LA fire impact.
- Debt/EBITDA improved to 5.8x; $217.6M cash; no major maturities until Dec 2026; 2025 capex guided at $65-75M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000041/0001474098-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000041/peb-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001474098-25-000041

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