Pebblebrook Hotel Trust provided earnings guidance for the full year of 2013. For the year, the company expects net income to be in the range of $40.8 million to $44.8 million. Net income per diluted share to be in the range of $0.66 to $0.73.

EBITDA to be in the range of $142.7 million to $146.7 million. Adjusted EBITDA to be in the range of $145.0 million to $149.0 million. Adjusted FFO to be in the range of $90.0 million to $94.0 million.

Adjusted FFO per diluted share to be in the range of $1.46 to $1.53. The company's 2013 Outlook includes the disruption associated with the comprehensive renovation and 41-room expansion of the Affinia 50, which is scheduled to begin in late January 2013 and be substantially complete by the fourth quarter of 2013. This renovation is expected to reduce the Company's forecasted portfolio RevPAR growth by 100 basis points and forecasted Hotel EBITDA margins by 60 to 70 basis points as compared to 2012.