secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001474098-26-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/0001474098-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000040/peb-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001474098-26-000040

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