Pebblebrook Hotel Trust · NYSE:PEB
Pebblebrook Hotel Trust — Q2 2025 Earnings Presentation
27 slides from Pebblebrook Hotel Trust's earnings presentation, Jul 30, 2025
Slide 1: July 2025 Investor Presentation
July 2025 Investor Presentation newport harbor island resort
Slide 2: Forward-Looking Statements
INVESTOR PRESENTATION JULY 2025 Forward-Looking Statements This presentation contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of Pebblebrook Hotel Trust's (the “Company” or “
Slide 3: The Premier Lifestyle Lodging REIT
INVESTOR PRESENTATION JULY 2025 The Premier Lifestyle Lodging REIT Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States. Pebblebrook Overview 46 13 50/50 skamania lodge estancia
Slide 4: Refining Portfolio for Growth: Expanding Leisure & Group
INVESTOR PRESENTATION JULY 2025 Refining Portfolio for Growth: Expanding Leisure & Group Over the past six years, Pebblebrook has realigned its portfolio by selling lower-quality urban hotels and acquiring larger, leisure-focused resorts with growth potential. This strategy has increased group and l
Slide 5: Market Repositioning: Reducing West Coast Urban Footprint, Enhancing Leisure-Oriented Presence
INVESTOR PRESENTATION JULY 2025 Market Repositioning: Reducing West Coast Urban Footprint, Enhancing Leisure-Oriented Presence Pebblebrook has shifted its focus to leisure-oriented group focused properties, reducing exposure to urban and corporate transient markets. Since 2019: • Acquired 5 upper up
Slide 6: Reasons to Invest in Pebblebrook
INVESTOR PRESENTATION JULY 2025 Reasons to Invest in Pebblebrook Strong RevPAR growth and market share gains from approximately $278M of ROI-related redevelopments and repositionings will drive significant, organic EBITDA growth across the Company’s portfolio over the next several years. Continued u
Slide 7: Significant Growth Opportunity
INVESTOR PRESENTATION JULY 2025 Significant Growth Opportunity Within the next three to four years, the Company expects to achieve significant upside in Hotel EBITDA and Adjusted FFO through organic growth resulting from continued urban demand recovery, recent and current major ROI capital investmen
Slide 8: Urban Hotel Demand Rebound Set to Drive Significant EBITDA Growth with Minimal Supply Risk
Urban Hotel Demand Rebound Set to Drive Significant EBITDA Growth with Minimal Supply Risk 8 1 hotel san francisco
Slide 9: Encouraging Fundamentals for Urban Markets
INVESTOR PRESENTATION JULY 2025 Encouraging Fundamentals for Urban Markets Limited construction financing is expected to restrict new supply growth in Pebblebrook's urban and resort markets for many years. Once financing resumes, new projects take at least two to three years to complete, providing o
Slide 10: Urban Hotel Demand Recovery
INVESTOR PRESENTATION JULY 2025 Urban Hotel Demand Recovery Urban hotel performance is still substantially below 2019 levels, but this presents a significant growth opportunity as business and leisure demand continue to climb back toward pre-pandemic levels, and these markets benefit from extremely
Slide 11: Anticipated Upside from Continued Urban Recovery
INVESTOR PRESENTATION JULY 2025 Anticipated Upside from Continued Urban Recovery The urban recovery remains underway, with improving fundamentals across key markets. Pebblebrook anticipates a potential $45+ million increase in its Urban Hotel EBITDA over the next three to four years, supported by a
Slide 12: Completion of Strategic Multi-Year Portfolio Redevelopment Program Expected to Generate Significant EBITDA Growth
Completion of Strategic Multi-Year Portfolio Redevelopment Program Expected to Generate Significant EBITDA Growth 12 margaritaville hotel san diego gaslamp quarter
Slide 13: Successful Track Record with Redevelopment Projects
INVESTOR PRESENTATION JULY 2025 Successful Track Record with Redevelopment Projects Pebblebrook has a strong track record of investing capital to elevate and remerchandise properties, enhance the guest experience, and revitalize underutilized venues and open spaces. Major redevelopments completed in
Slide 14: LaPlaya Beach Resort & Club: Recovery and Reinvestment Update
LaPlaya Beach Resort & Club: Recovery and Reinvestment Update 14 laplaya beach resort & club
Slide 15: LaPlaya: Recovery and Reinvestment Update
INVESTOR PRESENTATION JULY 2025 LaPlaya: Recovery and Reinvestment Update • Q2 2025: Completed all restoration activities and the resort’s extensive guest facilities and amenities are all open and operating as normal. • 2024 Performance: Generated $19 million of hotel EBITDA and received $23.8 milli
Slide 16: Trading at a Significant Discount to NAV
Trading at a Significant Discount to NAV 16 viceroy santa monica hotel
Slide 17: Trading at a Significant Discount to NAV
INVESTOR PRESENTATION JULY 2025 Trading at a Significant Discount to NAV The Company’s NAV and individual property values are continually re-evaluated as transaction and capital markets change. At $10.50 per share, Pebblebrook’s recent public market valuation reflects an approximate 55% discount to
Slide 18: Balance Sheet
Balance Sheet 18 chaminade resort & spa
Slide 19: Balance Sheet
INVESTOR PRESENTATION JULY 2025 Balance Sheet • As of June 30, 2025, the Company had $267.1 million in cash, plus $642.1 million of undrawn availability on its $650 million senior unsecured revolving credit facility. • In 2024, Pebblebrook paid down $353 million in upcoming debt maturities, extended
Slide 20: Balance Sheet, Continued
INVESTOR PRESENTATION JULY 2025 Balance Sheet, Continued A snapshot of the Company's credit statistics demonstrates a strong balance sheet and a reasonable leverage level given its size and profile. Debt to Asset Value Comparison $5.5B $459K/Key $4.9B $411K/ Key $4.0B $337K/Key $3.0B $254K/Key Conve
Slide 21: Corporate Sustainability Highlights
Corporate Sustainability Highlights 21 hotel zephyr fisherman’s wharf
Slide 22: Reductions in Water, Energy and Waste Intensity
INVESTOR PRESENTATION JULY 2025 Reductions in Water, Energy and Waste Intensity Pebblebrook made significant strides in its sixth year of corporate sustainability programming. The Company focused on benchmarking its environmental footprint, identifying resource efficiency opportunities, and investin
Slide 23: Appendix
Appendix 23 hotel zena washington dc
Slide 24: Historical Hotel EBITDA
INVESTOR PRESENTATION JULY 2025 Historical Hotel EBITDA 2024 Portfolio / Hotel 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 per Key Unique Lifestyle Resorts LaPlaya Naples(1) $5.7 $7.6 $8.7 $10.7 $12.4 $15.7 $16.2 $11.8 $16.5 $17.7 $14.0 $27.4 $24.8 ($0.6) $19.0 $100.5
Slide 25: Historical Hotel EBITDA, Continued
INVESTOR PRESENTATION JULY 2025 Historical Hotel EBITDA, Continued 2024 Portfolio / Hotel 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 per Key Boston Urban Liberty $6.1 $9.6 $13.3 $15.8 $17.2 $18.2 $18.5 $19.0 $21.4 $21.2 $0.3 $10.5 $21.1 $18.5 $20.0 $67.1 (1) Revere 3.
Slide 26: Historical Hotel EBITDA, Continued
INVESTOR PRESENTATION JULY 2025 Historical Hotel EBITDA, Continued 2024 Portfolio / Hotel 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 per Key Washington, DC Urban Hotel Monaco $5.5 $6.9 $7.6 $7.9 $7.9 $8.1 $8.1 $9.9 $8.6 $7.9 ($1.4) ($0.5) $4.7 $6.5 $6.8 $37.0 George H
Slide 27: jekyll island club resort
pebblebrook HOTEL TRUST jekyll island club resort