---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-26-000040"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:50:20.663001+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook Hotel Trust Q1 net loss narrows to $18.4M; Adj FFO per share doubles to $0.32

## Summary
- 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.

## SEC filing metadata
- accession: 0001474098-26-000040
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/0001474098-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/peb-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-26-000040
- JSON: https://secwatch.observer/filing/0001474098-26-000040.json
- Plain text: https://secwatch.observer/filing/0001474098-26-000040.txt

## Key facts
- Earnings Releases
  Pebblebrook Hotel Trust reported the full year 2026 results: net income ($6.0) to $6.0 million, EPS $1.60 to $1.70. Guidance raised.
  - Period: the full year 2026
  - Net income: ($6.0) to $6.0 million
  - EPS: $1.60 to $1.70
  - Guidance: raised
  - Result: guidance update
  source text: 2026 OUTLOOK ▪ Net income (loss): ($6.0) to $6.0 million ▪ Same-Property Total RevPAR Growth Rate: 3.0% to 5.0%; midpoint increased by 75 bps ▪ Adjusted EBITDA re : $336.0 to $348.0 million; midpoint increased by $10.0 million ▪ Adjusted FFO per diluted share: $1.60 to $1.70; midpoint increased by $0.09
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/0001474098-26-000040-index.htm
- Earnings Releases
  Pebblebrook Hotel Trust reported the three months ended March 31, 2026 results: net income ($18.4) million, EPS $0.32.
  - Period: the three months ended March 31, 2026
  - Net income: ($18.4) million
  - EPS: $0.32
  - Result: reported results
  source text: Net loss: ($18.4) million ▪ Same-Property Hotel EBITDA: $82.2 million, $8.2 million above the high end of the Company’s outlook ▪ Adjusted EBITDA re : $73.3 million, $9.3 million above the outlook’s high end ▪ Adjusted FFO per diluted share: $0.32, exceeding the outlook’s high end by $0.09
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/0001474098-26-000040-index.htm

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