Pebblebrook Q2 FY26 net income rises 29.2% to $24.9 million - PEB News | RalliesPebblebrook Q2 FY26 net income rises 29.2% to $24.9 million
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PEB• Outlook
- 2026 adjusted EBITDAre outlook lifted to USD 345 million-USD 353 million; CEO Jon E. Bortz cited strong resort demand and San Francisco momentum.
Q2 results and operating metrics
- Pebblebrook Hotel Trust posted Q2 net income of USD 24.9 million, up 29.2% year over year.
- Same-property hotel EBITDA rose 7.1% from Q2 2025 to USD 123.3 million as revenue growth outpaced expense increases.
- Same-property RevPAR climbed 6.5% year over year to USD 259 on ADR growth of 4.7% and occupancy up 1.7 percentage points.
- Cash and restricted cash increased to USD 270 million at quarter-end; net debt-to-trailing 12-month corporate EBITDA fell to 5.3x.
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