Pebblebrook Hotel Trust (PEB) Form 10-Q — Oct 29, 2026
Pebblebrook Hotel Trust reported Q3 2026 revenue of $402.7 million, up $4.0 million year over year, with same-property RevPAR rising 8.3% to $256.66 on higher occupancy (80.6%) and ADR ($318.52). Adjusted FFO grew to $71.6 million from $60.2 million a year ago. Despite the operating strength, the company booked a $77.3 million impairment on three hotels in the quarter, widening the net loss to $54.6 million ($0.56 per share) from $32.4 million ($0.37) in Q3 2025.
Key figures
- Revenue
- 402745000
- Total Debt
- 2103348000
- Revenue Yoy
- $4.0 million increase vs Q3 2025
- Total Assets
- 5203512000
- Cash Position
- 287510000
- Shares Outstanding
- 111694079
- Q3 impairment
- $77.3 million on three hotels
- Adjusted ffo q3
- $71.6 million (vs $60.2 million prior year)
- Hotel ebitda q3
- $115.2 million (vs $105.4 million prior year)
- Hotel zags sale
- $10.0 million (closed October 8, 2026)
- Chamberlain sale
- $43.5 million (May 27, 2026)
- Common buyback 9m
- 2,095,747 shares for $33.7 million (~$16.10/share)
- Nine month revenue
- 1155543000
- Preferred buyback 9m
- 1,863,102 shares for $35.8 million (~$19.23/share)
- Same property adr q3
- $318.52
- Nine month impairment
- $86.1 million on four hotels
- Same property revpar q3
- $256.66
- Convertible notes 2026 due
- $350.0 million at 1.75% due December 2026
- Same property occupancy q3
- 80.6%
- Interest rate swaps notional
- $865.0 million
- Revolving facility capacity remaining
- $641.2 million
AI analysis
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