Pebblebrook Hotel Trust (PEB-PH) reported second-quarter 2026 net income of $24.9 million, up from $19.3 million a year earlier. Total revenues were $407.1 million, compared with $407.5 million in the prior-year quarter.
The hotel REIT said same-property RevPAR rose 6.5%, same-property total revenues increased 4.8%, and same-property hotel EBITDA grew 7.1% to $123.3 million. Pebblebrook also raised its 2026 outlook and scheduled its earnings call for July 30, 2026, with a webcast available through its investor relations site.
- Q2 net income was $24.9 million, compared with $19.3 million in Q2 2025.
- GAAP EPS available to common shareholders was $0.18 basic and $0.17 diluted.
- Total revenues were $407.1 million for the quarter ended June 30, 2026.
- Same-property RevPAR increased 6.5%, led by resorts and San Francisco.
- Adjusted FFO per diluted share was $0.68, above the company’s outlook.
- The company sold the Chamberlain West Hollywood Hotel for $43.5 million.
- Cash, cash equivalents and restricted cash totaled $270.4 million at quarter end.
- Full-year 2026 net income outlook was raised to a range of a $1.7 million loss to $6.3 million of income.
