Pebblebrook Hotel Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 259.4 million compared to USD 277.97 million a year ago. Revenue was USD 395.8 million compared to USD 416.69 million a year ago. Net loss was USD 57.14 million compared to net income of USD 25.07 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to basic earnings per share from continuing operations of USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 0.57 compared to diluted earnings per share from continuing operations of USD 0.1 a year ago.
For the nine months, sales was USD 706.71 million compared to USD 708 million a year ago. Revenue was USD 1,085.86 million compared to USD 1,072.29 million a year ago. Net loss was USD 35.35 million compared to USD 46.47 million a year ago. Basic loss per share from continuing operations was USD 0.56 compared to USD 0.62 a year ago. Diluted loss per share from continuing operations was USD 0.56 compared to USD 0.62 a year ago.