PEB-PRD

Pebblebrook Hotel Trust, incorporated on October 2, 2009, is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. The Company owns 54 hotels with a total of approximately 13,400 guest rooms across 15 urban and resort markets. The hotels are located in Seattle, Portland, San Francisco, Santa Cruz, Los Angeles, San Diego, Naples, Key West, Chicago, Boston, New York, Philadelphia, Washington Nashville and Miami. The Company's assets are held by, and all the operations are conducted through, Pebblebrook Hotel, L.P.