• Pebblebrook expects 2026 retained free cash flow of $146 million-$150 million, supporting debt reduction and opportunistic share repurchases.
• Hotel EBITDA is projected to rise approximately $90 million above 2025 levels through 2028, reaching $439 million.
• Growth drivers include urban recovery, LaPlaya's stabilization and remaining redevelopment returns.
• The urban recovery scenario targets $70 million of incremental hotel EBITDA at approximately 80% occupancy, below 2019's 85%.
• Urban hotel supply growth is forecast to average 0.9% during 2026-2028, versus 2.3% in 2015-2019, supporting occupancy and pricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pebblebrook Hotel Trust published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.