Welcome to our dedicated page for Pebblebrok Hotel news (Ticker: PEB), a resource for investors and traders seeking the latest updates and insights on Pebblebrok Hotel stock.
Pebblebrook Hotel Trust (NYSE: PEB) is a U.S. lodging real estate investment trust (REIT) that describes itself as the largest owner of urban and resort lifestyle hotels in the United States. The news flow around Pebblebrook frequently covers hotel operating performance, portfolio changes, capital markets activity, and dividend decisions, giving investors and observers insight into both the company and broader lodging trends.
Company news often highlights quarterly and annual results, including net income or loss, Same-Property RevPAR and Total RevPAR, hotel EBITDA, Adjusted EBITDAre, Adjusted FFO, and related outlook ranges. Pebblebrook regularly issues releases detailing its expectations for upcoming quarters and full-year performance, along with commentary on demand patterns across its urban and resort markets.
Another recurring theme in Pebblebrook’s news is portfolio recycling and capital allocation. Press releases describe hotel sales, such as the disposition of specific properties, and explain how sale proceeds are expected to be used for general corporate purposes, including reducing outstanding debt and preferred equity and repurchasing common or preferred shares. These announcements are often accompanied by updated outlooks and reconciliations of non-GAAP financial measures.
News items also address balance sheet and financing actions, including offerings of convertible senior notes, repurchases of existing notes, and related capped call transactions. In addition, the company reports on Board-authorized share repurchase programs and quarterly common and preferred dividend declarations.
For readers tracking PEB, this news stream provides ongoing detail on hotel-level performance, capital structure decisions, and REIT-specific measures that the company uses to evaluate its business. Regular updates on earnings, transactions, and dividends help contextualize the company’s strategy and operating environment over time.
Pebblebrook Hotel Trust (NYSE: PEB) published its seventh annual Corporate Sustainability Report on December 5, 2025, reviewing 2024 performance and 2025 disclosures aligned to GRI, SASB real estate standards, and enhanced TCFD with select ISSB IFRS climate elements.
Key commitments include a 35% GHG emissions intensity reduction by 2030 and reported portfolio progress: 41% GHG intensity reduction, 26% energy intensity reduction, and 69% waste intensity decline. The report also notes alignment with all 17 UN SDGs, investments in asset resiliency, resource-reduction initiatives, and expanded community and employee volunteer programs. The report and materials are available at the company website.
Pebblebrook Hotel Trust (NYSE: PEB) completed the sale of the 752-room Westin Michigan Avenue Chicago on December 3, 2025 for $72.0 million to a third party. The hotel generated $4.6M EBITDA and $2.5M NOI on a trailing-12-month basis through September 30, 2025, implying a 15.6x EBITDA multiple and a 3.5% NOI cap rate (before brand-mandated PIP and major capex).
Pebblebrook said proceeds will be used for general corporate purposes, prioritizing debt and preferred equity reduction and opportunistic share repurchases. After this sale and a prior $44.25M sale, the company expects to have reduced outstanding debt by $100M and preferred securities by ~$5M, leaving ~$2.1B consolidated debt and convertible notes and ~$761M preferred equity, with net debt to TTM corporate EBITDA near 5.9x. The company updated its Q4 and full-year 2025 outlook and said Adjusted FFO guidance is largely unchanged.
Hudson Pacific (NYSE: HPP) appointed Jon Bortz to its Board of Directors and accepted the retirement of Jonathan Glaser, both effective December 2, 2025. Bortz is founder, chairman and CEO of Pebblebrook Hotel Trust (NYSE: PEB) and earlier founded LaSalle Hotel Properties, where he led a strategic sale to Pebblebrook for $5.5 billion. Hudson Pacific’s chairman and CEO said Bortz’s four decades of REIT leadership and strategic experience will support the company’s ongoing repositioning and platform-strengthening efforts. Glaser served on the board for 15 years and the company thanked him for his governance and leadership.
Pebblebrook Hotel Trust (NYSE: PEB) completed the sale of the 133-room Montrose at Beverly Hills on November 19, 2025 for $44.25 million.
Based on trailing twelve months ended September 30, 2025, the price implies an EBITDA multiple of 16.1x and an NOI capitalization rate of 5.2% (assumes 4.0% capital reserve). Pebblebrook intends to use proceeds for general corporate purposes including debt reduction, share repurchases, and other capital priorities to support long-term shareholder value.
The sale is not expected to change Pebblebrook’s current Q4 or full-year 2025 outlook issued November 5, 2025. The company also has one other hotel under contract at $72.0 million, expected to close in Q4 subject to customary conditions.
Pebblebrook Hotel Trust (NYSE: PEB) reported Q3 2025 results with a net loss of $32.4M, Same-Property Hotel EBITDA $105.4M and Adjusted EBITDAre $99.2M ( $2.2M above outlook midpoint). Adjusted FFO per diluted share $0.51 ( $0.03 above midpoint).
Q3 trends: Same-Property Total RevPAR down 1.5%; San Francisco RevPAR +8.3%; operating expenses before fixed costs +0.4%. Q3 CAPEX $14.2M; full-year CAPEX guidance $65–75M.
Balance sheet: completed $400M 1.625% convertible notes due 2030, $232M cash, net debt/TTM corporate EBITDA 6.1x, and new $150M common repurchase authorization.
Pebblebrook Hotel Trust (NYSE: PEB) announced that eight of its properties were named among the top hotels in the 2025 Condé Nast Traveler Readers’ Choice Awards announced October 7, 2025.
Notably, four hotels from the company’s Unofficial Z Collection—Hotel Zephyr, Hotel Zelos, Hotel Zeppelin, and Hotel Zena—secured four of the top five positions across San Francisco and Washington, D.C., with Hotel Zena ranking #1 in Washington, D.C. Other honored properties include L’Auberge Del Mar, The Nines in Portland, and W Los Angeles – West Beverly Hills.
The release highlights the Unofficial Z Collection’s focus on art, music, and local identity and notes Pebblebrook owns 46 hotels (≈12,000 rooms) across 13 urban and resort markets.
Pebblebrook Hotel Trust (NYSE:PEB) said Hotel Zelos and Hotel Zeppelin were ranked No. 3 and No. 4 Best Hotels in San Francisco in the Condé Nast Traveler 2025 Readers' Choice Awards on Oct. 7, 2025. More than 757,000 readers participated in the survey.
Hotel Zelos (202 rooms) and Hotel Zeppelin (196 rooms) are part of the Z Hotels San Francisco collection, managed by Sage Hospitality Group. Both properties are offering celebratory packages bookable for travel from Oct. 7, 2025 through Dec. 31, 2026.
UNITE HERE launched a campaign on October 6, 2025 opposing a partnership between Curator Collection hotels (a soft brand majority-owned by Pebblebrook Hotel Trust, NYSE: PEB) and FreshAir Sensor.
Curator partnered with FreshAir Sensor in March 2025 to offer “FreshAir Certified,” a program that FreshAir describes as charging guests a “small incremental cost” for rooms meeting certified indoor air standards. FreshAir Sensor projects up to $1.5 billion in annual ancillary revenue for U.S. hotels industry-wide. UNITE HERE says the program plus existing average nightly resort fees of $40 create deceptive upcharges and created a website, CuratorCollectionCon.org, to pressure Curator and Pebblebrook to stop charging extra for certified clean air.
Pebblebrook Hotel Trust (NYSE: PEB) has successfully closed its previously announced private offering of $400 million in 1.625% Convertible Senior Notes due 2030, which includes a $50 million over-allotment option exercise. The Notes, paying interest at 1.625% semi-annually, have an initial conversion rate of 62.9129 per $1,000 principal amount (equivalent to $15.89 per share).
The company used the proceeds, along with $4.1 million in cash, to repurchase approximately $400 million of its 1.75% Convertible Senior Notes due 2026. Additionally, PEB repurchased about 4.3 million common shares at $11.56 per share and entered into capped call transactions with a cap price of $20.23 to reduce potential dilution.
Pebblebrook Hotel Trust (NYSE: PEB) has announced the pricing of $350 million of 1.625% Convertible Senior Notes due 2030, with an additional $50 million option exercised by initial purchasers. The notes will mature on January 15, 2030, with a conversion rate of 62.9129 per $1,000 principal amount (equivalent to $15.89 per share).
The company expects net proceeds of $389.7 million, which will be used along with $4.1 million cash on hand to repurchase approximately $400 million of its outstanding 1.75% Convertible Senior Notes due 2026. Additionally, PEB entered into capped call transactions and repurchased about 4.3 million common shares at $11.56 per share.