Company: PEB
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001474098-25-000070
Chunk: 4

Company: Pebblebrook Hotel Trust
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 4
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 are an integral part of these financial statements.

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Pebblebrook Hotel TrustConsolidated Statements of Operations and Comprehensive Income(in thousands, except share and per-share data)(Unaudited) For the three months ended March 31, 20252024Revenues:Room$197,010 $198,100 Food and beverage86,310 81,095 Other operating36,946 34,874 Total revenues320,266 314,069 Expenses:Hotel operating expenses:Room58,523 55,023 Food and beverage64,568 61,014 Other direct and indirect104,123 100,019 Total hotel operating expenses227,214 216,056 Depreciation and amortization57,543 57,209 Real estate taxes, personal property taxes, property insurance, and ground rent33,273 32,405 General and administrative13,226 12,177 Business interruption insurance income(4,303)(3,980)Other operating expenses550 1,581 Total operating expenses327,503 315,448 Operating income (loss)(7,237)(1,379)Interest expense(27,133)(26,421)Other(972)326 Income (loss) before income taxes(35,342)(27,474)Income tax (expense) benefit3,162 (46)Net income (loss)(32,180)(27,520)Net income (loss) attributable to non-controlling interests767 830 Net income (loss) attributable to the Company(32,947)(28,350)Distributions to preferred shareholders(10,631)(10,631)Net income (loss) attributable to common shareholders$(43,578)$(38,981)Net income (loss) per share available to common shareholders, basic$(0.37)$(0.32)Net income (loss) per share available to common shareholders, diluted$(0.37)$(0.32)Weighted-average number of common shares, basic119,204,243 120,085,226 Weighted-average number of common shares, diluted119,204,243 120,085,226 

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Pebblebrook Hotel TrustConsolidated Statements of Operations and Comprehensive Income - Continued(in thousands, except share and per-share data)(Unaudited)For the three months ended March 31,20252024Comprehensive