---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-26-000066"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2026-10-09T20:06:01+00:00"
generated_at: "2026-10-12T15:11:27.657382+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook completes $10M sale of 174-room Hotel Zags in Portland; asset had TTM net operating loss of $0.8M

## Summary
- Sold The Hotel Zags, a 174-room hotel in Portland, Oregon, to a third party for $10.0 million; transaction closed October 8, 2026.
- For the trailing twelve months ended August 31, 2026, the hotel's estimated net operating loss was ($0.8) million and EBITDA was ($0.6) million, after an assumed 4.0% capital reserve.
- Proceeds to be used for general corporate purposes, including opportunistic repurchases of Pebblebrook common or preferred shares and other capital allocation priorities.
- Sale is not expected to affect the third quarter 2026 Outlook issued July 29, 2026; the company will reflect it in its fourth quarter and updated full-year 2026 Outlook.

## SEC filing metadata
- accession: 0001474098-26-000066
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2026-10-09T20:06:01+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000066/0001474098-26-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000066/peb-20261008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-26-000066
- JSON: https://secwatch.observer/filing/0001474098-26-000066.json
- Plain text: https://secwatch.observer/filing/0001474098-26-000066.txt

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