Pebblebrook Hotel Trust

For the period ended Dec 31, 2024. Filed Feb 26, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

PEB$22.22+2.1%Stored close · as of Nov 10, 2026

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Contents

Schedule III - Real Estate and Accumulated Depreciation

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
Initial Costs · Gross Amount at End of Year
Description	Encumbrances	Land	Building and Improvements	Furniture, Fixtures and Equipment	Cost Capitalized Subsequent to Acquisition (1)	Land	Building and Improvements	Furniture, Fixtures and Equipment	Total	Accumulated Depreciation	Net Book Value	Year of Original Construction	Date of Acquisition	Depreciation Life
Hotel Monaco Washington DC	$—	$—	$60,630	$2,441	$24,298	$—	$79,940	$7,429	$87,369	$38,790	$48,579	1839	9/9/2010	3-40 years
Skamania Lodge	—	7,130	44,987	3,523	52,384	11,969	85,157	10,898	108,024	37,755	70,269	1993	11/3/2010	3-40 years
Hyatt Centric Delfina Santa Monica	—	18,784	81,580	2,295	22,425	18,784	99,127	7,173	125,084	41,107	83,977	1972	11/19/2010	3-40 years
Argonaut Hotel	—	—	79,492	4,247	4,192	—	84,601	3,330	87,931	33,111	54,820	1907	2/16/2011	3-40 years
The Westin San Diego Gaslamp Quarter	—	25,537	86,089	6,850	34,557	25,537	117,995	9,501	153,033	51,852	101,181	1987	4/6/2011	1-40 years
Mondrian Los Angeles	—	20,306	110,283	6,091	26,475	20,306	130,767	12,082	163,155	58,457	104,698	1959	5/3/2011	3-40 years
W Boston	—	19,453	63,893	5,887	20,413	19,453	79,625	10,568	109,646	37,589	72,057	2009	6/8/2011	2-40 years
Hotel Zetta San Francisco	—	7,294	22,166	290	18,377	7,294	35,789	5,044	48,127	17,818	30,309	1913	4/4/2012	3-40 years
W Los Angeles - West Beverly Hills	—	24,403	93,203	3,600	33,825	24,403	120,255	10,373	155,031	53,612	101,419	1969	8/23/2012	3-40 years
Hotel Zelos San Francisco	—	—	63,430	3,780	14,097	—	75,217	6,090	81,307	31,123	50,184	1907	10/25/2012	3-40 years
Embassy Suites San Diego Bay - Downtown	—	20,103	90,162	6,881	30,725	20,103	118,922	8,846	147,871	48,795	99,076	1988	1/29/2013	3-40 years
The Hotel Zags	—	8,215	37,874	1,500	(1,781)	5,197	37,247	3,364	45,808	16,993	28,815	1962	8/28/2013	3-40 years
Hotel Zephyr Fisherman's Wharf	—	—	116,445	3,550	43,416	—	155,336	8,075	163,411	61,644	101,767	1964	12/9/2013	3-40 years
Hotel Zeppelin San Francisco	—	12,561	43,665	1,094	38,026	12,562	76,506	6,278	95,346	36,014	59,332	1913	5/22/2014	1-45 years
The Nines, a Luxury Collection Hotel, Portland	—	18,493	92,339	8,757	18,641	18,493	102,812	16,925	138,230	43,569	94,661	1909	7/17/2014	3-40 years
Hotel Palomar Los Angeles Beverly Hills	—	—	90,675	1,500	15,556	—	101,058	6,673	107,731	34,338	73,393	1972	11/20/2014	3-40 years
Revere Hotel Boston Common	—	41,857	207,817	10,596	(37,343)	17,367	186,284	19,276	222,927	73,610	149,317	1972	12/18/2014	3-40 years
LaPlaya Beach Resort & Club	—	112,575	82,117	6,733	33,545	113,307	111,297	10,366	234,970	32,426	202,544	1968	5/21/2015	3-40 years
1 Hotel San Francisco	—	—	105,693	3,896	39,407	—	134,135	14,861	148,996	34,764	114,232	2005	11/30/2018	3-40 years
Chaminade Resort & Spa	—	22,590	37,114	6,009	18,899	22,653	52,785	9,174	84,612	18,800	65,812	1985	11/30/2018	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
Initial Costs · Gross Amount at End of Year
Description	Encumbrances	Land	Building and Improvements	Furniture, Fixtures and Equipment	Cost Capitalized Subsequent to Acquisition (1)	Land	Building and Improvements	Furniture, Fixtures and Equipment	Total	Accumulated Depreciation	Net Book Value	Year of Original Construction	Date of Acquisition	Depreciation Life
Harbor Court Hotel San Francisco	—	—	79,009	6,190	2,054	—	80,269	6,984	87,253	18,364	68,889	1926/1991	11/30/2018	3-40 years
Viceroy Santa Monica Hotel	—	—	91,442	5,257	19,829	—	105,843	10,685	116,528	26,676	89,852	1967/2002	11/30/2018	3-40 years
Le Parc at Melrose	—	17,876	65,515	2,496	14,247	17,960	75,873	6,301	100,134	18,775	81,359	1970	11/30/2018	3-40 years
Montrose at Beverly Hills	—	16,842	58,729	6,499	3,582	16,842	60,756	8,054	85,652	16,103	69,549	1976	11/30/2018	3-40 years
Chamberlain West Hollywood	—	14,462	43,157	5,983	2,652	14,482	44,903	6,869	66,254	12,787	53,467	1970/2005	11/30/2018	3-40 years
Hotel Ziggy	—	12,440	36,932	3,951	7,435	12,440	42,439	5,879	60,758	12,193	48,565	1954	11/30/2018	3-40 years
The Westin Copley Place, Boston	—	—	291,754	35,780	20,551	—	308,716	39,369	348,085	80,194	267,891	1983	11/30/2018	3-40 years
The Liberty, a Luxury Collection Hotel, Boston	—	—	195,797	15,126	8,499	—	201,762	17,660	219,422	45,678	173,744	1851/2007	11/30/2018	3-40 years
Hyatt Regency Boston Harbor	—	—	122,344	6,862	10,572	—	131,535	8,243	139,778	28,702	111,076	1993	11/30/2018	3-40 years
George Hotel	—	15,373	65,529	4,489	1,190	15,373	66,367	4,841	86,581	14,797	71,784	1928	11/30/2018	3-40 years
Viceroy Washington DC	—	18,686	60,927	2,838	(5,047)	14,035	56,886	6,483	77,404	16,778	60,626	1962	11/30/2018	3-40 years
Hotel Zena Washington DC	—	19,035	60,402	2,066	29,368	19,035	85,851	5,985	110,871	21,408	89,463	1972	11/30/2018	3-40 years
Paradise Point Resort & Spa	—	—	199,304	22,032	21,933	257	210,987	32,025	243,269	56,771	186,498	1962	11/30/2018	3-40 years
Hilton San Diego Gaslamp Quarter	—	33,017	131,926	7,741	26,986	33,017	152,838	13,815	199,670	34,279	165,391	2000	11/30/2018	3-40 years
Margaritaville Hotel San Diego Gaslamp Quarter	—	—	74,768	8,830	57,914	23,472	99,092	18,948	141,512	28,887	112,625	2005	11/30/2018	3-40 years
L'Auberge Del Mar	—	33,304	92,297	5,393	15,593	33,316	104,124	9,147	146,587	24,528	122,059	1989	11/30/2018	3-40 years
San Diego Mission Bay Resort	—	—	80,733	9,458	29,118	95	101,076	18,138	119,309	35,010	84,299	1962	11/30/2018	3-40 years
Southernmost Beach Resort	—	90,396	253,954	8,676	43,170	92,006	286,129	18,061	396,196	57,365	338,831	1958-2008	11/30/2018	3-40 years
The Marker Key West Harbor Resort	—	25,463	66,903	2,486	1,849	25,463	67,434	3,804	96,701	14,671	82,030	2014	11/30/2018	3-40 years
Hotel Chicago Downtown, Autograph Collection	—	39,576	114,014	7,608	(54,148)	25,181	72,681	9,188	107,050	19,419	87,631	1998	11/30/2018	3-40 years
The Westin Michigan Avenue Chicago	—	44,983	103,160	23,744	(56,701)	25,684	63,665	25,837	115,186	32,663	82,523	1963/1972	11/30/2018	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
Initial Costs · Gross Amount at End of Year
Description	Encumbrances	Land	Building and Improvements	Furniture, Fixtures and Equipment	Cost Capitalized Subsequent to Acquisition (1)	Land	Building and Improvements	Furniture, Fixtures and Equipment	Total	Accumulated Depreciation	Net Book Value	Year of Original Construction	Date of Acquisition	Depreciation Life
Jekyll Island Club Resort	—	—	88,912	5,031	24,410	—	105,369	12,984	118,353	20,124	98,229	1886/1986	7/22/2021	2-40 years
Margaritaville Hollywood Beach Resort(2)	140,000	—	244,230	22,288	12,502	—	253,139	25,881	279,020	37,876	241,144	2015	9/23/2021	3-40 years
Estancia La Jolla Hotel & Spa(3)	55,413	—	104,280	3,646	28,200	267	124,610	11,249	136,126	18,023	118,103	2004	12/1/2021	2-40 years
Inn on Fifth	—	50,503	95,826	7,989	3,177	50,503	98,385	8,607	157,495	11,236	146,259	1960	5/11/2022	3-40 years
Newport Harbor Island Resort	—	43,287	118,227	12,817	60,599	43,287	168,324	23,319	234,930	25,380	209,550	1969	6/23/2022	3-40 years
	$195,413	$834,544	$4,549,725	$334,796	$779,668	$800,143	$5,153,908	$544,682	$6,498,733	$1,530,854	$4,967,879

(1) Disposals are reflected as reductions to cost capitalized subsequent to acquisition.

(2) Encumbrance on Margaritaville Hollywood Beach Resort is presented at face value, which excludes unamortized deferred financing costs of $1.7 million at December 31, 2024.

(3) Encumbrance on Estancia La Jolla Hotel & Spa is presented at face value, which excludes unamortized deferred financing costs of $0.2 million at December 31, 2024.

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation - Continued
As of December 31, 2024
(in thousands)
Reconciliation of Real Estate and Accumulated Depreciation:
Reconciliation of Real Estate:
Balance at December 31, 2021	$6,766,803
Acquisitions	331,249
Capital expenditures	105,626
Disposal of Assets	(359,083)
Other	(115,214)
Balance at December 31, 2022	$6,729,381
Capital expenditures	188,520
Disposal of Assets	(400,705)
Other	(70,914)
Balance at December 31, 2023	$6,446,282
Capital expenditures	148,314
Disposal of Assets	(52,945)
Other	(42,918)
Balance at December 31, 2024	$6,498,733
Reconciliation of Accumulated Depreciation:
Balance at December 31, 2021	$1,066,409
Depreciation	238,278
Disposal of Assets	(124,253)
Balance at December 31, 2022	$1,180,434
Depreciation	239,422
Disposal of Assets	(103,589)
Balance at December 31, 2023	$1,316,267
Depreciation	228,332
Disposal of Assets	(8,958)
Other	(4,787)
Balance at December 31, 2024	$1,530,854

The aggregate cost of properties for federal income tax purposes is approximately $6.1 billion as of December 31, 2024.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.