Pebblebrook Hotel Trust operates as a real estate investment trust that acquires, invests in, and manages hotel, motel, and resort properties located in major cities across the United States. The company emphasizes investing in major urban markets and destination resort markets, such as South Florida and Southern California. The firm focuses on both branded and independent full-service hotels in the upper upscale segment of the lodging industry. Pebblebrook's revenue is divided between room, food and beverage, and other operating activities. The room segment contributes the vast majority of the firm's total revenue. The firm's customers include business transient, leisure transient, and group and convention room-night demand customers.