Company: PEB
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001474098-25-000138
Chunk: 18

Company: Pebblebrook Hotel Trust
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 18
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90,450 Total equity2,607,589 2,787,874 Total liabilities and equity$5,554,250 $5,693,338 

The accompanying notes are an integral part of these financial statements.

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Table of Contents

Pebblebrook Hotel TrustConsolidated Statements of Operations and Comprehensive Income(in thousands, except share and per-share data)(Unaudited) For the three months ended September 30,For the nine months ended September 30, 2025202420252024Revenues:Room$254,613 $262,755 $709,223 $714,633 Food and beverage96,239 95,998 288,543 278,613 Other operating47,871 45,777 128,760 122,463 Total revenues398,723 404,530 1,126,526 1,115,709 Expenses:Hotel operating expenses:Room70,434 68,721 196,689 188,747 Food and beverage71,011 71,346 208,237 203,281 Other direct and indirect117,607 116,953 335,126 328,705 Total hotel operating expenses259,052 257,020 740,052 720,733 Depreciation and amortization57,602 57,546 172,790 172,051 Real estate taxes, personal property taxes, property insurance, and ground rent35,404 35,274 102,655 92,681 General and administrative12,062 11,814 37,792 35,937 Impairment46,497 1,908 46,497 1,908 Business interruption insurance income and gain on insurance settlement(3,874)(7,059)(11,419)(18,340)Other operating expenses2,188 963 3,216 4,083 Total operating expenses408,931 357,466 1,091,583 1,009,053 Operating income (loss)(10,208)47,064 34,943 106,656 Interest expense(20,180)(27,925)(74,595)(82,285)Other, net1,037 793 2,056 1,336 Income (loss) before income taxes(29,351)19,932 (37,596)25,