Pebblebrook Hotel Trust (PEB) Q2 FY26 earnings call

Pebblebrook Hotel Trust delivered an excellent second quarter, outperforming expectations across key metrics, primarily driven by strong performance in its resort portfolio and San Francisco urban properties. The company demonstrated effective capital allocation through asset sales and share repurchases, leading to improved per-share metrics and a stronger balance sheet. Management raised its full-year outlook, citing favorable industry trends and a positive multi-year setup, while acknowledging ongoing geopolitical and macroeconomic uncertainties.