EX-99.1 2 a8kq1-2026erex991.htm EX-99.1 Document Exhibit 99.1 PEBBLEBROOK HOTEL TRUST REPORTS FIRST QUARTER 2026 RESULTS Q1 ▪Net loss: ($18.4) million FINANCIAL ▪Same-Property Hotel EBITDA: $82.2 million, $8.2 million above the high end of the Company’s outlook RESULTS ▪Adjusted EBITDAre: $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 Q1 HOTEL ▪Exceptional Operating Outperformance: Same-Property Hotel EBITDA +27.6% to $82.2 million; Adjusted EBITDAre +29.5% to $73.3 million; Adjusted FFO per diluted share doubled to $0.32. ▪Significant Margin Expansion and Strong Flow-Through: Same-Property Total Revenue +10.2%, while Same-Property Total Expenses rose just +5.6%, driving 327 bps of Same-Property Hotel EBITDA margin expansion. ▪Broad-Based Operating Strength Across…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Pebblebrook Hotel Trust
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On April 28, 2026, Pebblebrook Hotel Trust (the "Company") issued a press release announcing the Company's results of operations for the three months ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report.
Company context
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 42 hotels, totaling approximately 10,800 guest rooms across 14 urban and resort markets. For more information, visit www.pebblebrookhotels.com and follow @PebblebrookPEB. This press release contains certain “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “estimated” and “will” or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections and forecasts and other forward-looking information and estimates. Examples of forward-looking statements include the estimates of hotel net operating loss and hotel EBITDA, the intended use of proceeds and the Company’s expectation regarding the effect of the transaction on its 2026 Outlook. These forward-looking statements are subject to various risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy, the operating performance of our hotels and the supply of ho