Pebblebrook Hotel Trust

PEB remains in a strong Stage 2 advancing trend with parabolic acceleration, but price is extreme overbought and extended above its EMAs. A shallow pullback into the rising 9/21 EMA support zone aligns with a momentum-oriented entry approach, so we defer execution until pullbacks are absorbed.

• ↑Q1 2026 same‐property hotel EBITDA rose 27.6% YoY to $82.2M, beating forecasts by $8.2M
• ↑RevPAR in San Francisco surged 37.9%, reflecting robust urban business travel recovery
• ↓Elevated leverage ratio heightens interest obligations and limits financial flexibility