NYSE$PEB
Pebblebrook Hotel Trust · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Pebblebrook's performance improved significantly, driven by strong leisure demand and increasing business transient travel.
Pebblebrook Hotel Trust reported positive Same-Property Hotel EBITDA of $28.3 million in Q2 2021, a significant improvement driven by robust leisure demand and increasing business transient travel. The company also made progress in strategic acquisitions and dispositions, and maintained a strong liquidity position.
- Operating trends accelerated throughout Q2 and into July, driven by leisure demand and increasing business transient travel.
- Achieved positive Same-Property Hotel EBITDA of $28.3 million in Q2, led by resorts and urban hotels.
- Same-Property RevPAR rose sequentially by 111% from Q1 2021 to Q2 2021.
- Total liquidity of $967.2 million as of June 30, 2021, including $323.0 million of cash on hand.
Headline financials
Revenue & EPS history
Pebblebrook · Revenue · Quarterly
$163M
Revenue by segment
Pebblebrook · $163M total across 3 segments · Q2 2021
- Room Revenue$109M—66.5%
- Food and Beverage$31.5M—19.3%
- Other Operating$23.2M—14.2%
Forward guidance
Due to the uncertainties related to the COVID-19 pandemic, its impact on travel, and variable and unpredictable government restrictions, the Company is unable to provide an outlook for 2021 at this time. For Q3 2021, the Company expects both Same-Property Room Revenues and Total Revenues to be down between (38%) and (42%) compared to Q3 2019, much improved from Q1 2021 and Q2 2021
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+0.8%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+12.3%
Q1 2020
Best reaction
-9.5%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -0.6% | +9.8% | |
| Q4 2025 | +7.9% | +4.2% | +0.2% | |
| Q3 2025 | +2.0% | +10.0% | +4.8% | |
| Q1 2025 | -0.3% | -1.8% | +0.4% | |
| Q4 2024 | +4.3% | +0.8% | -13.6% | |
| Q3 2024 | -1.4% | -3.0% | +11.0% | |
| Q2 2024 | -3.4% | -2.4% | -6.5% | |
| Q1 2024 | +3.4% | -0.8% | -5.6% | |
| Q4 2023 | -0.7% | -4.2% | -2.3% | |
| Q3 2023 | -9.5% | -7.5% | -3.1% | |
| Q2 2023 | +6.7% | +6.6% | -3.7% | |
| Q1 2023 | -0.2% | +2.5% | -2.5% | |
| Q4 2022 | -3.5% | -3.3% | -15.1% | |
| Q3 2022 | +0.6% | +0.2% | +0.9% | |
| Q2 2022 | -0.2% | +3.1% | +1.5% | |
| Q1 2022 | -0.8% | -3.2% | -13.4% | |
| Q4 2021 | -6.1% | -4.1% | -1.7% | |
| Q3 2021 | +4.3% | +11.3% | +0.4% | |
| Q2 2021 | +0.0% | -3.6% | -2.6% | |
| Q1 2021 | -3.0% | -4.4% | -9.3% | |
| Q4 2020 | +1.7% | +0.2% | +8.2% | |
| Q3 2020 | -2.4% | +5.3% | +58.1% | |
| Q2 2020 | +0.6% | -0.8% | +23.1% | |
| Q1 2020 | +12.3% | -1.8% | +63.6% | |
| Q4 2019 | +2.9% | -6.7% | -64.9% | |
| Q3 2019 | -3.3% | -3.7% | -5.7% | |
| Q2 2019 | +1.6% | +3.3% | -5.6% | |
| Q1 2019 | +3.9% | +2.9% | -7.3% | |
| Q4 2018 | -4.1% | -6.1% | -9.1% | |
| Q3 2018 | -1.2% | -0.6% | +3.6% | |
| Q2 2018 | -0.7% | -1.5% | -0.4% | |
| Q1 2018 | -0.1% | -1.1% | +16.4% | |
| Q4 2017 | +2.9% | -1.0% | -5.0% | |
| Q3 2017 | +1.4% | +0.1% | +5.2% | |
| Q2 2017 | +3.9% | +6.4% | +0.4% | |
| Q1 2017 | -5.6% | -2.6% | -1.7% | |
| Q4 2016 | -2.5% | +0.0% | -2.2% | |
| Q3 2016 | -3.8% | -5.9% | +9.1% | |
| Q2 2016 | -3.9% | -4.8% | -5.2% | |
| Q1 2016 | -3.1% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | -6.0% | — | — | |
| Q2 2015 | -7.6% | — | — | |
| Q1 2015 | +2.3% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | -3.6% | — | — | |
| Q2 2012 | +2.7% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2009 | -0.7% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | +10.0% | — | — | |
| Q2 2011 | -5.8% | — | — | |
| Q4 2010 | -5.8% | — | — | |
| Q3 2010 | -5.7% | — | — | |
| Q2 2010 | -0.5% | — | — | |
| Q1 2010 | +3.4% | — | — |
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