Pebblebrook Hotel (PEB) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Thank you. I break tradition. Sometimes my tries are outside the line. We've been conditioned to not make mistakes. But I can't live that way. At the blank page before you open up the dirty. Feel the rain on your skin. No one else can feel it for you. Only you can let it in. No one else, no one else can speak the words on your lips. It's just something worth unfocused. Live your life with arms wide open. Today is where your books begin. Feel the rain on your skin. No one else can feel it for you. Only you can let it in. No one else. No one else can speak the words on your lips And just something worth of focus Live your life with arms wide open Today is where your book begins The rest is still on our side We'll be right back. Thank you. We'll be right back. I'm undefined. I'm just beginning, depending my hand, ending unturned. Standing at the blank page before you open up the dirty window. Greetings and welcome to Pebble Brook Hotel Trust Fourth Quarter Earnings Conference Call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Raymond Martz, co-president and chief financial officer. Thank you. Please go ahead. Thank you, Donna. And good morning, everyone. Welcome to our fourth quarter 2025 earnings call. Joining me today is John Bortz, our Chairman and Chief Executive Officer, and Tom Fisher, our Co-President and Chief Investment Officer. Before we begin, I'd like to remind everyone that our remarks are, as of today, February 26, 2026, and comments may include forward-looking st...