Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III, Real Estate and Accumulated Depreciation

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
			Initial Costs								Gross Amount at End of Year
Description	Encumbrances		Land		Building and Improvements		Furniture, Fixtures and Equipment		Cost Capitalized Subsequent to Acquisition (1)		Land		Building and Improvements		Furniture, Fixtures and Equipment		Total		Accumulated Depreciation		Net Book Value		Year of Original Construction	Date of Acquisition	Depreciation Life
Hotel Monaco Washington DC	$	—	$	—	$	60,630	$	2,441	$	24,298	$	—	$	79,940	$	7,429	$	87,369	$	38,790	$	48,579	1839	9/9/2010	3-40 years
Skamania Lodge	—		7,130		44,987		3,523		52,384		11,969		85,157		10,898		108,024		37,755		70,269		1993	11/3/2010	3-40 years
Hyatt Centric Delfina Santa Monica	—		18,784		81,580		2,295		22,425		18,784		99,127		7,173		125,084		41,107		83,977		1972	11/19/2010	3-40 years
Argonaut Hotel	—		—		79,492		4,247		4,192		—		84,601		3,330		87,931		33,111		54,820		1907	2/16/2011	3-40 years
The Westin San Diego Gaslamp Quarter	—		25,537		86,089		6,850		34,557		25,537		117,995		9,501		153,033		51,852		101,181		1987	4/6/2011	1-40 years
Mondrian Los Angeles	—		20,306		110,283		6,091		26,475		20,306		130,767		12,082		163,155		58,457		104,698		1959	5/3/2011	3-40 years
W Boston	—		19,453		63,893		5,887		20,413		19,453		79,625		10,568		109,646		37,589		72,057		2009	6/8/2011	2-40 years
Hotel Zetta San Francisco	—		7,294		22,166		290		18,377		7,294		35,789		5,044		48,127		17,818		30,309		1913	4/4/2012	3-40 years
W Los Angeles - West Beverly Hills	—		24,403		93,203		3,600		33,825		24,403		120,255		10,373		155,031		53,612		101,419		1969	8/23/2012	3-40 years
Hotel Zelos San Francisco	—		—		63,430		3,780		14,097		—		75,217		6,090		81,307		31,123		50,184		1907	10/25/2012	3-40 years
Embassy Suites San Diego Bay - Downtown	—		20,103		90,162		6,881		30,725		20,103		118,922		8,846		147,871		48,795		99,076		1988	1/29/2013	3-40 years
The Hotel Zags	—		8,215		37,874		1,500		(1,781)		5,197		37,247		3,364		45,808		16,993		28,815		1962	8/28/2013	3-40 years
Hotel Zephyr Fisherman's Wharf	—		—		116,445		3,550		43,416		—		155,336		8,075		163,411		61,644		101,767		1964	12/9/2013	3-40 years
Hotel Zeppelin San Francisco	—		12,561		43,665		1,094		38,026		12,562		76,506		6,278		95,346		36,014		59,332		1913	5/22/2014	1-45 years
The Nines, a Luxury Collection Hotel, Portland	—		18,493		92,339		8,757		18,641		18,493		102,812		16,925		138,230		43,569		94,661		1909	7/17/2014	3-40 years
Hotel Palomar Los Angeles Beverly Hills	—		—		90,675		1,500		15,556		—		101,058		6,673		107,731		34,338		73,393		1972	11/20/2014	3-40 years
Revere Hotel Boston Common	—		41,857		207,817		10,596		(37,343)		17,367		186,284		19,276		222,927		73,610		149,317		1972	12/18/2014	3-40 years
LaPlaya Beach Resort & Club	—		112,575		82,117		6,733		33,545		113,307		111,297		10,366		234,970		32,426		202,544		1968	5/21/2015	3-40 years
1 Hotel San Francisco	—		—		105,693		3,896		39,407		—		134,135		14,861		148,996		34,764		114,232		2005	11/30/2018	3-40 years
Chaminade Resort & Spa	—		22,590		37,114		6,009		18,899		22,653		52,785		9,174		84,612		18,800		65,812		1985	11/30/2018	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
		Initial Costs				Gross Amount at End of Year
Description	Encumbrances	Land	Building and Improvements	Furniture, Fixtures and Equipment	Cost Capitalized Subsequent to Acquisition (1)	Land	Building and Improvements	Furniture, Fixtures and Equipment	Total	Accumulated Depreciation	Net Book Value	Year of Original Construction	Date of Acquisition	Depreciation Life
Harbor Court Hotel San Francisco	—	—	79,009	6,190	2,054	—	80,269	6,984	87,253	18,364	68,889	1926/1991	11/30/2018	3-40 years
Viceroy Santa Monica Hotel	—	—	91,442	5,257	19,829	—	105,843	10,685	116,528	26,676	89,852	1967/2002	11/30/2018	3-40 years
Le Parc at Melrose	—	17,876	65,515	2,496	14,247	17,960	75,873	6,301	100,134	18,775	81,359	1970	11/30/2018	3-40 years
Montrose at Beverly Hills	—	16,842	58,729	6,499	3,582	16,842	60,756	8,054	85,652	16,103	69,549	1976	11/30/2018	3-40 years
Chamberlain West Hollywood	—	14,462	43,157	5,983	2,652	14,482	44,903	6,869	66,254	12,787	53,467	1970/2005	11/30/2018	3-40 years
Hotel Ziggy	—	12,440	36,932	3,951	7,435	12,440	42,439	5,879	60,758	12,193	48,565	1954	11/30/2018	3-40 years
The Westin Copley Place, Boston	—	—	291,754	35,780	20,551	—	308,716	39,369	348,085	80,194	267,891	1983	11/30/2018	3-40 years
The Liberty, a Luxury Collection Hotel, Boston	—	—	195,797	15,126	8,499	—	201,762	17,660	219,422	45,678	173,744	1851/2007	11/30/2018	3-40 years
Hyatt Regency Boston Harbor	—	—	122,344	6,862	10,572	—	131,535	8,243	139,778	28,702	111,076	1993	11/30/2018	3-40 years
George Hotel	—	15,373	65,529	4,489	1,190	15,373	66,367	4,841	86,581	14,797	71,784	1928	11/30/2018	3-40 years
Viceroy Washington DC	—	18,686	60,927	2,838	(5,047)	14,035	56,886	6,483	77,404	16,778	60,626	1962	11/30/2018	3-40 years
Hotel Zena Washington DC	—	19,035	60,402	2,066	29,368	19,035	85,851	5,985	110,871	21,408	89,463	1972	11/30/2018	3-40 years
Paradise Point Resort & Spa	—	—	199,304	22,032	21,933	257	210,987	32,025	243,269	56,771	186,498	1962	11/30/2018	3-40 years
Hilton San Diego Gaslamp Quarter	—	33,017	131,926	7,741	26,986	33,017	152,838	13,815	199,670	34,279	165,391	2000	11/30/2018	3-40 years
Margaritaville Hotel San Diego Gaslamp Quarter	—	—	74,768	8,830	57,914	23,472	99,092	18,948	141,512	28,887	112,625	2005	11/30/2018	3-40 years
L'Auberge Del Mar	—	33,304	92,297	5,393	15,593	33,316	104,124	9,147	146,587	24,528	122,059	1989	11/30/2018	3-40 years
San Diego Mission Bay Resort	—	—	80,733	9,458	29,118	95	101,076	18,138	119,309	35,010	84,299	1962	11/30/2018	3-40 years
Southernmost Beach Resort	—	90,396	253,954	8,676	43,170	92,006	286,129	18,061	396,196	57,365	338,831	1958-2008	11/30/2018	3-40 years
The Marker Key West Harbor Resort	—	25,463	66,903	2,486	1,849	25,463	67,434	3,804	96,701	14,671	82,030	2014	11/30/2018	3-40 years
Hotel Chicago Downtown, Autograph Collection	—	39,576	114,014	7,608	(54,148)	25,181	72,681	9,188	107,050	19,419	87,631	1998	11/30/2018	3-40 years
The Westin Michigan Avenue Chicago	—	44,983	103,160	23,744	(56,701)	25,684	63,665	25,837	115,186	32,663	82,523	1963/1972	11/30/2018	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2024
(in thousands)
			Initial Costs								Gross Amount at End of Year
Description	Encumbrances		Land		Building and Improvements		Furniture, Fixtures and Equipment		Cost Capitalized Subsequent to Acquisition (1)		Land		Building and Improvements		Furniture, Fixtures and Equipment		Total		Accumulated Depreciation		Net Book Value		Year of Original Construction	Date of Acquisition	Depreciation Life
Jekyll Island Club Resort	—		—		88,912		5,031		24,410		—		105,369		12,984		118,353		20,124		98,229		1886/1986	7/22/2021	2-40 years
Margaritaville Hollywood Beach Resort(2)	140,000		—		244,230		22,288		12,502		—		253,139		25,881		279,020		37,876		241,144		2015	9/23/2021	3-40 years
Estancia La Jolla Hotel & Spa(3)	55,413		—		104,280		3,646		28,200		267		124,610		11,249		136,126		18,023		118,103		2004	12/1/2021	2-40 years
Inn on Fifth	—		50,503		95,826		7,989		3,177		50,503		98,385		8,607		157,495		11,236		146,259		1960	5/11/2022	3-40 years
Newport Harbor Island Resort	—		43,287		118,227		12,817		60,599		43,287		168,324		23,319		234,930		25,380		209,550		1969	6/23/2022	3-40 years
	$	195,413	$	834,544	$	4,549,725	$	334,796	$	779,668	$	800,143	$	5,153,908	$	544,682	$	6,498,733	$	1,530,854	$	4,967,879

______________________

(1)     Disposals are reflected as reductions to cost capitalized subsequent to acquisition.

(2)     Encumbrance on Margaritaville Hollywood Beach Resort is presented at face value, which excludes unamortized deferred financing costs of $1.7 million at December 31, 2024.

(3)     Encumbrance on Estancia La Jolla Hotel & Spa is presented at face value, which excludes unamortized deferred financing costs of $0.2 million at December 31, 2024.

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation - Continued
As of December 31, 2024
(in thousands)
Reconciliation of Real Estate and Accumulated Depreciation:
Reconciliation of Real Estate:
Balance at December 31, 2021	$	6,766,803
Acquisitions	331,249
Capital expenditures	105,626
Disposal of Assets	(359,083)
Other	(115,214)
Balance at December 31, 2022	$	6,729,381
Capital expenditures	188,520
Disposal of Assets	(400,705)
Other	(70,914)
Balance at December 31, 2023	$	6,446,282
Capital expenditures	148,314
Disposal of Assets	(52,945)
Other	(42,918)
Balance at December 31, 2024	$	6,498,733
Reconciliation of Accumulated Depreciation:
Balance at December 31, 2021	$	1,066,409
Depreciation	238,278
Disposal of Assets	(124,253)
Balance at December 31, 2022	$	1,180,434
Depreciation	239,422
Disposal of Assets	(103,589)
Balance at December 31, 2023	$	1,316,267
Depreciation	228,332
Disposal of Assets	(8,958)
Other	(4,787)
Balance at December 31, 2024	$	1,530,854

The aggregate cost of properties for federal income tax purposes is approximately $6.1 billion as of December 31, 2024.