Investor Presentation November 2023
INVESTOR PRESENTATION NOVEMBER 2023
Historical Hotel EBITDA, Continued
2022
Portfolio / Hotel
2010
2011
2012 2013
2014
2015
2016 2017 2018 2019
2020
2021
2022
per Key
Boston Urban
Liberty
$6.1
$9.6
$13.3
$15.8
$17.2 $18.2
$18.5 $19.0 $21.4 $21.2
$0.3
$10.5
$21.1
$70.8
Revere (1)
3.3
6.1
5.7
9.2
11.7
13.3
12.2
12.6
12.4
11.8
(6.1)
2.8
15.7
44.1
Westin Copley
21.3
23.5
24.4
25.8
28.7
32.7
33.3
31.5
28.5
32.9
(4.4)
3.0
30.7
38.2
W Boston
3.8
4.4
5.8
6.2
8.1
9.6
9.3
9.2
7.9
8.1
(2.6)
2.4
7.2
30.3
Hyatt Regency
6.2
6.7
7.3
7.7
9.3
11.1
10.8
10.8
10.7
10.1
(2.2)
1.6
5.6
20.7
Boston Total
$40.7
$50.3
$56.5
$64.7
$75.0
$84.9
$84.1
$83.1
$80.9
$84.1
($15.0)
$20.3 $80.3
$40.9
San Diego Urban
Westin Gaslamp
$8.4
$8.2
$9.7
$11.2
$12.7
$14.6
$16.9
$16.0
$14.4
$14.2
($1.3)
$2.2
$12.7
$28.2
Embassy Suites
7.6
8.2
8.8
8.9
9.5
11.3
11.3
11.1
11.7
10.4
(0.2)
4.5
9.1
26.7
Solamar
5.2
6.3
6.5
6.3
6.5
7.4
7.7
7.3
7.3
7.0
(0.4)
2.1
6.2
26.4
Hilton Gaslamp
7.6
8.5
8.8
8.9
9.5
10.5
10.9
11.1
11.6
10.5
(0.4)
0.6
7.1
24.8
San Diego Total
$28.8
$31.2
$33.8
$35.3
$38.2
$43.8
$46.8
$45.5
$45.0
$42.1
($2.3)
$9.4
$35.1
$26.8
pebblebrook
TRUST
Note: Dollars in millions, except Hotel EBITDA per Key, which is in thousands. These historical Hotel EBITDA results includeavailable information for all of the hotels the Company owned or had
an ownership interest in as of September 30, 2023. These historical operating results include periods prior to the Company'sownership of the hotels. The information above does not reflect the
Company's corporate general and administrative expense, interest expense, property acquisition costs, depreciation and amortiation, taxes and other expenses.
(1) The parking garage at Revere Hotel Boston Common was sold on June 23, 2017. The historical results for Revere Hotel Boston Common have been adjusted to reflect the estimated impact
of excluding the parking-related income.
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