Investor Presentation November 2023
INVESTOR PRESENTATION NOVEMBER 2023
Benefits of Operating Efficiency Enhancements Being Realized
as Demand Returns
The Company collaborated with its hotel operating partners and technology providers to create more efficient,
streamlined property-level operating models. The initiatives encompass merging back-of-house operations and
executive leadership teams, leveraging technology, optimizing managerial roles and meticulously scrutinizing
expenses.
In November 2020, Pebblebrook joined several independent hotel management companies to launch Curator
Hotel & Resort Collection. Curator reduces operating costs for independent lifestyle hotels, including
Pebblebrook's hotels, through increased buying power, market knowledge and new technologies.
These operating initiatives are expected to reduce expenses by 100-200 bps, generating up to $28M of annual
savings. These savings are expected to be achieved as occupancy levels return to pre-pandemic levels. This is
a testament to Pebblebrook's commitment to efficiency and its ability to adapt to changing market conditions.
12 Leading Hotel Operating Partners
Noble House Hotels & Resorts
Davidson Hotels & Resorts
Marriott International
HEI Hotels & Resorts
Kimpton Hotels & Restaurants
Sage Hospitality Group
Benchmark Pyramid Luxury &
Lifestyle
sbe/Ennismore
Viceroy Hotels & Resorts
Highgate
SH Hotels & Resorts
Springboard Hospitality
pebblebrook
viceroy washington dc
TRUST
Note: $12M-$28M of annual savings includes a $3M reduction for resort-related margin optimization upside; 100-200 bps savings on the Company's entire portfolio would result in $15M-$30M of 13
annual savings.View entire presentation