Pebblebrook Hotel Trust's Q4 adjusted FFO rises

Pebblebrook Hotel Trust

25/02/2026 21:46

Overview

Hotel REIT's Same-Property Hotel EBITDA exceeds company's outlook, driven by urban market recovery

Company completed two hotel sales, generating $116.3 mln for debt reduction

Company closed new $450 mln unsecured term loan, extending maturity to 2031

Outlook

Pebblebrook expects 2026 adjusted EBITDAre between $325 mln and $339 mln

Company forecasts 2026 adjusted FFO per diluted share of $1.50 to $1.62

Pebblebrook sees 2026 Same-Property Total RevPAR growth rate of 2.25% to 4.25%

Result Drivers

URBAN MARKET RECOVERY - Strong rebound in urban hotel demand, especially in San Francisco, contributed to improved RevPAR and EBITDA

STRATEGIC DISPOSITIONS - Completed hotel sales generated $116.3 mln for debt reduction and share repurchases

EFFICIENCY INITIATIVES - Limited expense growth through strategic operating efficiency initiatives, supporting margin expansion

Company press release: ID:nBwbyk6SMa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Room Revenues
$196.80 mln
Q4 Net Income
-$17 mln
Q4 Adjusted FFO
$31.10 mln
Q4 Adjusted FFO Per Share
$0.27
Q4 Same Property EBITDA
$64.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for Pebblebrook Hotel Trust is $12.00, about 1.6% below its February 24 closing price of $12.19

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)