{
  "docId": "019dd923-5eff-723e-9be7-a786a68478f5",
  "docSlug": "b4d4f54e94d87ddb",
  "documentTitle": "2026 02 Investor Presentation",
  "authorId": "Pebblebrook",
  "authorName": "Pebblebrook Hotel Trust",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.333,
  "pageNumber": 2,
  "pageCount": 27,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": "Includes company overview, key performance metrics, and visual examples of properties.",
  "elementsJson": [
    "headline_text",
    "icon_grid",
    "callout_box",
    "photo",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be7-a786a68478f5/2",
  "deckHref": "/decks/019dd923-5eff-723e-9be7-a786a68478f5",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-a786a68478f5.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-a786a68478f5#slide-2",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.36,
        "x": 0.59,
        "y": 0.22
      },
      "kind": "callout",
      "text": "$23.50 NAV/Share vs. $12.00 share price (~50% Discount). Closing the NAV discount through Hotel EBITDA ramping to stabilization, targeted dispositions, disciplined deleveraging, and accretive common and preferred share repurchases",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ae9dc0e4-8af2-45bb-8ac8-1692bdc6b5a8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "Closing the NAV discount through Hotel EBITDA ramping to stabilization, targeted dispositions, disciplined deleveraging, and accretive common and preferred share repurchases.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-7daa-7426-9e46-c61b4509a80c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.65
      },
      "kind": "image",
      "text": "Property photos",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05bbff22-99b2-4253-be19-b6fa3096faed",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.23,
        "y": 0.22
      },
      "kind": "metric",
      "text": "13 Urban and Resort Markets",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "648f4f4a-e488-4dff-a501-2197ea13d261",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.05,
        "y": 0.45
      },
      "kind": "metric",
      "text": "50/50 Business/Leisure Customer Mix",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7dad964c-370b-4efc-a922-043640c32bf7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.05,
        "y": 0.22
      },
      "kind": "metric",
      "text": "44 Hotels and Resorts",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8e6c943-eb66-40cd-aa47-2c6715691402",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.41,
        "y": 0.45
      },
      "kind": "metric",
      "text": "$86M+ Hotel EBITDA Growth Opportunity",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "caaec5d8-b3e0-4e66-93c6-be7da6a3869c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.23,
        "y": 0.45
      },
      "kind": "metric",
      "text": "$274M+ 2018-2024 ROI Investments",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d3206163-d539-469b-a844-0084d4b4283d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.15,
        "x": 0.41,
        "y": 0.22
      },
      "kind": "metric",
      "text": "99% 2025 Hotel EBITDA in Luxury/Upper-Upscale Segments",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ebd603f2-ca4f-446d-86bb-2a1736b9360d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "NAV/Share: $23.50",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-7daa-7426-9e46-ca090b19c6e0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.04,
        "y": 0.11
      },
      "kind": "paragraph",
      "text": "Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (\"REIT\") and the largest owner of luxury and upper-upscale lifestyle hotels in the United States, spanning premier urban and resort destinations.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0978ca15-b1a1-4bdb-bc0a-ad2bcff1bb67",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "Note: Includes information for all hotels the Company owned as of December 31, 2025. (1) Reflects management's current midpoint estimate for Net Asset Value Per Share, detailed on page 5.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cfc1b684-6729-4e8e-97d8-a18b0e478645",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.04,
        "y": 0.06
      },
      "kind": "title",
      "text": "Pebblebrook Overview: The Premier Lifestyle Lodging REIT",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "50de401a-846c-4b43-854c-9896dfdc7bd8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 4,
      "from": 2,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "4e165d6d-6153-4f6e-ad28-d99f1a6c247c",
      "evidence": "Provides an overview of the portfolio and reasons to invest",
      "position": 1,
      "objective": "Explain why PEB assets command premium valuations",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}