earnings
confidence high
sentiment positive
materiality 0.78
Pebblebrook Hotel Trust Q1 net loss narrows to $18.4M; Adj FFO per share doubles to $0.32
Pebblebrook Hotel Trust
2026-Q1 EPS reported
-$0.26
revenue$345,656,000
- Net loss $18.4M vs $32.2M YoY; Same-Property Hotel EBITDA $82.2M (+27.6%), $8.2M above outlook high-end.
- Same-Property RevPAR +11.8% to $216, led by San Francisco (+44.5%) and Los Angeles (+31.5%).
- Adjusted FFO per diluted share $0.32, double YoY and $0.09 above outlook high-end.
- Balance sheet: net debt/EBITDA improved to 5.5x from 5.9x; cash $204.6M; interest rate 4.1%.
- Full-year 2026 outlook raised: Adj EBITDAre midpoint +$10M to $342M; Adj FFO/sh midpoint +$0.09 to $1.65.