Pebblebrook Hotel Trust has released a new investor presentation highlighting its position as the largest owner of urban and resort lifestyle hotels in the United States. The presentation outlines the company's recent strategic shift toward leisure-oriented and group-focused properties, with significant acquisitions in the upper upscale and luxury resort segments and divestitures of lower-quality urban assets. As a result, resort EBITDA contribution has increased from 17% to 48%, while urban EBITDA contribution has decreased. The company also reports an increase in EBITDA contributions from Southeast and East Coast markets, and a decline from West Coast properties, particularly San Francisco. Pebblebrook notes limited new hotel supply in its key urban and resort markets due to constrained construction financing, suggesting a favorable operating environment for the foreseeable future. The presentation also details ongoing redevelopment and repositioning initiatives totaling approximately $274 million, which are expected to drive further organic EBITDA growth. You can access the full presentation through the link below.