Pebblebrook guided 7.5%-9.0% same-property RevPAR growth for Q1 2026 while still carrying a net loss for 2025 of $65.8 million. The April 29 earnings call will reveal whether that optimism is backed by margin improvement or just busier hotels losing money faster.
Operations
Primary
Mar 12
Manhattan RevPAR climbed 7.1% in the first half of 2025 while outer borough segments dropped up to 4.4%. Same city, two completely different P&Ls.
A historic San Francisco hotel reopens after a loan default, ownership change, and major renovation. The per-key math tells a story the "discreet luxury" branding doesn't.
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Six months into LA's new hotel minimum wage ordinance, 650 positions are gone, 14 hotel restaurants are closing, and 58% of surveyed hotels expect to be unprofitable by year's end. The wage hasn't even hit $25 yet.