Pebblebrook Hotel Trust is a real estate investment trust, or REIT, that owns a collection of upscale hotels and resorts. The company operates in major urban markets and resort destinations across the United States. It focuses on acquiring and managing these properties to generate income for its investors.
On April 28, 2026, Pebblebrook Hotel Trust announced its first-quarter earnings results. The company’s revenue for the quarter is $345.66 million, which is higher than the analyst estimate of $331.23 million. This figure also marks a 7.9% increase from the $320.27 million in revenue reported in the same quarter a year ago.
The company reports an earnings per share (EPS) of -$0.26. While this indicates a net loss, it is a better result than the consensus estimate, which predicted a larger loss of -$0.31 per share. The total net loss for the quarter stands at $18.40 million, as highlighted by Business Wire.
For REITs, investors often use Funds From Operations (FFO) to measure performance. FFO is a metric that adds back non-cash charges like property depreciation to net income. Pebblebrook Hotel Trust’s adjusted FFO is $0.32 per share, which significantly beats the Zacks Consensus Estimate of $0.23 per share and is double the $0.16 from the prior year.
This strong operational performance is also visible in other areas. The company’s Same-Property Hotel EBITDA, which measures profitability from its core hotel assets, is $82.20 million. This is driven by strong growth in key markets, including a 44.5% increase in revenue per available room (RevPAR) in San Francisco.
