Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) that focuses on acquiring and investing in upper upscale, full-service hotel and resort properties located in or near urban markets in major U.S. gateway cities. The company aims to deliver long-term returns to shareholders through opportunistic investments in high-quality lodging properties, emphasizing operational and redevelopment opportunities. As an internally managed REIT, Pebblebrook distributes a significant portion of its taxable income to shareholders in the form of dividends.