Company: PEB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001474098-25-000119
Chunk: 16

Company: Pebblebrook Hotel Trust
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 16
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 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 June 30,For the six months ended June 30, 2025202420252024Revenues:Room$257,600 $253,778 $454,610 $451,878 Food and beverage105,994 101,520 192,304 182,615 Other operating43,943 41,812 80,889 76,686 Total revenues407,537 397,110 727,803 711,179 Expenses:Hotel operating expenses:Room67,732 65,003 126,255 120,026 Food and beverage72,658 70,921 137,226 131,935 Other direct and indirect113,396 111,733 217,519 211,752 Total hotel operating expenses253,786 247,657 481,000 463,713 Depreciation and amortization57,645 57,296 115,188 114,505 Real estate taxes, personal property taxes, property insurance, and ground rent33,978 25,002 67,251 57,407 General and administrative12,504 11,946 25,730 24,123 Business interruption insurance income(3,242)(7,301)(7,545)(11,281)Other operating expenses478 1,539 1,028 3,120 Total operating expenses355,149 336,139 682,652 651,587 Operating income (loss)52,388 60,971 45,151 59,592 Interest expense(27,282)(27,939)(54,415)(54,360)Other, net1,991 217 1,019 543 Income (loss) before income taxes27,097 33,249 (8,245)5,775 Income tax (expense) benefit(7,812)(1,010)(4,650)(1,056)Net income (loss)19,285 32,239 (12,895)4,719 Net income (loss) attributable to non-controlling interests1,229 1,303 1,996 2,133 Net