<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019fd318-0ac9-7c0c-8191-a229743cf3ab,g:c32767ff-48ed-4e4c-aa55-8d851b2604ad-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="https://xbrl.org/2023/arcrole/summation-item" xlink:type="simple" xlink:href="https://www.xbrl.org/2023/calculation-1.1.xsd#summation-item"/>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/ConsolidatedBalanceSheets" xlink:type="simple" xlink:href="peb-20260930.xsd#ConsolidatedBalanceSheets"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Assets"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_019fd318-0c30-7038-ac69-0d8daecd8d1e" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstateInvestmentPropertyNet"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_019fd318-0c30-7038-ac69-0d8daecd8d1e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_01a109f6-a31b-7468-82a5-9036f2577392" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_01a109f6-a31b-7468-82a5-9036f2577392" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_019fd318-0c30-786c-a524-8c03bfab5e60" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_019fd318-0c30-786c-a524-8c03bfab5e60" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_019fd318-0c30-7e5e-a5da-013137788b0d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RestrictedCashAndCashEquivalents"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_019fd318-0c30-7e5e-a5da-013137788b0d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsReceivableNet_019fd318-0c30-7897-8f0d-afe721ecd000" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AccountsReceivableNet"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_AccountsReceivableNet_019fd318-0c30-7897-8f0d-afe721ecd000" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_019fd318-0c30-7b45-80d1-8b00d7439ac4" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PrepaidExpenseAndOtherAssets"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019fd318-0c30-71c9-9583-78b8c725689f" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssets_019fd318-0c30-7b45-80d1-8b00d7439ac4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockValue_019fd318-0c30-7123-8fd1-6869c668052f" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PreferredStockValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:to="loc_us-gaap_PreferredStockValue_019fd318-0c30-7123-8fd1-6869c668052f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValue_019fd318-0c30-790d-b394-c11be7bba0d1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockValue"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:to="loc_us-gaap_CommonStockValue_019fd318-0c30-790d-b394-c11be7bba0d1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapital_019fd318-0c30-7c68-b47d-90e639e67ad8" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AdditionalPaidInCapital"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:to="loc_us-gaap_AdditionalPaidInCapital_019fd318-0c30-7c68-b47d-90e639e67ad8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_019fd318-0c30-79c9-a930-aca195b781d1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_019fd318-0c30-79c9-a930-aca195b781d1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_019fd318-0c30-7dfc-b616-4bd9c1d24497" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetainedEarningsAccumulatedDeficit"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_019fd318-0c30-773c-8640-bc87632fea32" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_019fd318-0c30-7dfc-b616-4bd9c1d24497" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebt_019fd318-0c30-722a-bf43-563e498795be" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebt"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_LongTermDebt_019fd318-0c30-722a-bf43-563e498795be" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_019fd318-0c30-79d4-85e2-6f2540b92495" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_019fd318-0c30-79d4-85e2-6f2540b92495" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_019fd318-0c30-7917-a201-8c1ddd31fe0c" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_OperatingLeaseLiability_019fd318-0c30-7917-a201-8c1ddd31fe0c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ContractWithCustomerLiability_019fd318-0c30-786c-af1d-9ab137758aa2" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ContractWithCustomerLiability"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_ContractWithCustomerLiability_019fd318-0c30-786c-af1d-9ab137758aa2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestPayableCurrentAndNoncurrent_019fd318-0c30-7361-b941-5bc50e8120ce" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestPayableCurrentAndNoncurrent"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_InterestPayableCurrentAndNoncurrent_019fd318-0c30-7361-b941-5bc50e8120ce" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_01a109f9-0e8e-7634-b545-3014b0d053af" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_01a109f9-0e8e-7634-b545-3014b0d053af" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_019fd318-0c30-7910-9ed6-52b727e24c1d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019fd318-0c30-7719-87e2-cc96bcb26d3c" xlink:to="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_019fd318-0c30-7910-9ed6-52b727e24c1d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-7918-a970-d83eeb5c44a8" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_019fd318-0c30-7b83-8afb-a7915c04229f" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquity"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-7918-a970-d83eeb5c44a8" xlink:to="loc_us-gaap_StockholdersEquity_019fd318-0c30-7b83-8afb-a7915c04229f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_019fd318-0c30-7b1a-82cb-1074cc679a29" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MinorityInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-7918-a970-d83eeb5c44a8" xlink:to="loc_us-gaap_MinorityInterest_019fd318-0c30-7b1a-82cb-1074cc679a29" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_019fd318-0c30-73ba-bf39-09f13c1ee61c" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_019fd318-0c30-772f-8543-e22b6a26f114" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_019fd318-0c30-73ba-bf39-09f13c1ee61c" xlink:to="loc_us-gaap_Liabilities_019fd318-0c30-772f-8543-e22b6a26f114" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-7791-8f2a-5a8e4e1cab6a" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_019fd318-0c30-73ba-bf39-09f13c1ee61c" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-7791-8f2a-5a8e4e1cab6a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_019fd318-0c30-7514-ac09-f2731e3829b0" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_019fd318-0c30-73ba-bf39-09f13c1ee61c" xlink:to="loc_us-gaap_CommitmentsAndContingencies_019fd318-0c30-7514-ac09-f2731e3829b0" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofOperationsandComprehensiveIncome" xlink:type="simple" xlink:href="peb-20260930.xsd#ConsolidatedStatementsofOperationsandComprehensiveIncome"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofOperationsandComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019fd318-0c30-71d1-abc5-74c95c20bf38" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-7980-942b-8816500def11" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_019fd318-0c30-71d1-abc5-74c95c20bf38" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-7980-942b-8816500def11" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_019fd318-0c30-7512-a39e-eddb81381acb" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_019fd318-0c30-71d1-abc5-74c95c20bf38" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_019fd318-0c30-7512-a39e-eddb81381acb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_019fd318-0c30-7020-a13b-b043a51aa482" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019fd318-0c30-70a2-a4d2-1d47f6b9ada8" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019fd318-0c30-7020-a13b-b043a51aa482" xlink:to="loc_us-gaap_ProfitLoss_019fd318-0c30-70a2-a4d2-1d47f6b9ada8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_019fd318-0c30-7258-808d-388887eee48c" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019fd318-0c30-7020-a13b-b043a51aa482" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_019fd318-0c30-7258-808d-388887eee48c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0c30-74f8-ad69-fcfa55d894bf" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_019fd318-0c30-7070-8a6b-4a71f92a8034" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0c30-74f8-ad69-fcfa55d894bf" xlink:to="loc_us-gaap_NetIncomeLoss_019fd318-0c30-7070-8a6b-4a71f92a8034" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_019fd318-0c30-7261-b4eb-5d47f6095792" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0c30-74f8-ad69-fcfa55d894bf" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_019fd318-0c30-7261-b4eb-5d47f6095792" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherPreferredStockDividendsAndAdjustments_019fd318-0c30-79ed-a67c-9fd6a1e89ece" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherPreferredStockDividendsAndAdjustments"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0c30-74f8-ad69-fcfa55d894bf" xlink:to="loc_us-gaap_OtherPreferredStockDividendsAndAdjustments_019fd318-0c30-79ed-a67c-9fd6a1e89ece" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-76bb-b31a-432a63fd9c37" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_019fd318-0c30-76d4-8528-9cae340bfdfc" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-76bb-b31a-432a63fd9c37" xlink:to="loc_us-gaap_OperatingIncomeLoss_019fd318-0c30-76d4-8528-9cae340bfdfc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseNonoperating_019fd318-0c30-7faf-b04a-f3dc6c215b20" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseNonoperating"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-76bb-b31a-432a63fd9c37" xlink:to="loc_us-gaap_InterestExpenseNonoperating_019fd318-0c30-7faf-b04a-f3dc6c215b20" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_019fd318-0c30-7b27-b664-0d498ce4b568" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherNonoperatingIncomeExpense"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019fd318-0c30-76bb-b31a-432a63fd9c37" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_019fd318-0c30-7b27-b664-0d498ce4b568" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostsAndExpenses"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization_019fd318-0c30-7168-bf50-5daff142f151" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization_019fd318-0c30-7168-bf50-5daff142f151" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization_019fd318-0c30-7e65-a583-d8e669e9e224" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization_019fd318-0c30-7e65-a583-d8e669e9e224" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent_019fd318-0c30-7376-a593-db1bf15da081" xlink:href="peb-20260930.xsd#peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent_019fd318-0c30-7376-a593-db1bf15da081" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_019fd318-0c30-706b-92af-cb2f2b2ac9bf" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_019fd318-0c30-706b-92af-cb2f2b2ac9bf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfRealEstate_019fd318-0c30-7a64-ab9a-088ae82a2593" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ImpairmentOfRealEstate"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_ImpairmentOfRealEstate_019fd318-0c30-7a64-ab9a-088ae82a2593" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainOnBusinessInterruptionInsuranceRecovery_019fd318-0c30-7c42-9747-fa16f132d2cf" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GainOnBusinessInterruptionInsuranceRecovery"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_GainOnBusinessInterruptionInsuranceRecovery_019fd318-0c30-7c42-9747-fa16f132d2cf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherOperatingIncomeExpenseNet_019fd318-0c30-7778-a796-1131bce8a677" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherOperatingIncomeExpenseNet"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019fd318-0c30-724d-9331-9ee67b7903bb" xlink:to="loc_us-gaap_OtherOperatingIncomeExpenseNet_019fd318-0c30-7778-a796-1131bce8a677" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_019fd318-0c30-7312-957f-adbd005803f1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_019fd318-0c30-7872-b271-1c2805692f4a" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_019fd318-0c30-7312-957f-adbd005803f1" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_019fd318-0c30-7872-b271-1c2805692f4a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostsAndExpenses_019fd318-0c30-757a-be8c-ab738e55df31" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostsAndExpenses"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_019fd318-0c30-7312-957f-adbd005803f1" xlink:to="loc_us-gaap_CostsAndExpenses_019fd318-0c30-757a-be8c-ab738e55df31" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofOperationsandComprehensiveIncomeContinued" xlink:type="simple" xlink:href="peb-20260930.xsd#ConsolidatedStatementsofOperationsandComprehensiveIncomeContinued"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofOperationsandComprehensiveIncomeContinued" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77e5-8198-a83c91b3d065" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019fd318-0c30-730c-b0f5-57258244d637" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77e5-8198-a83c91b3d065" xlink:to="loc_us-gaap_ProfitLoss_019fd318-0c30-730c-b0f5-57258244d637" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_019fd318-0c30-7183-85cd-cb847ca1e171" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77e5-8198-a83c91b3d065" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_019fd318-0c30-7183-85cd-cb847ca1e171" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_019fd318-0c30-7760-90dc-206fa3c234e1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77e5-8198-a83c91b3d065" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_019fd318-0c30-7760-90dc-206fa3c234e1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_019fd318-0c30-79e7-920b-e2353426493b" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77c2-9974-5d8e3bb5bf2b" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_019fd318-0c30-79e7-920b-e2353426493b" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_019fd318-0c30-77c2-9974-5d8e3bb5bf2b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_019fd318-0c30-72f5-94a7-ec1e5a7b00f9" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_019fd318-0c30-79e7-920b-e2353426493b" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_019fd318-0c30-72f5-94a7-ec1e5a7b00f9" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofCashFlows" xlink:type="simple" xlink:href="peb-20260930.xsd#ConsolidatedStatementsofCashFlows"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/ConsolidatedStatementsofCashFlows" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019fd318-0c30-7042-ac3b-5d700505f300" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_ProfitLoss_019fd318-0c30-7042-ac3b-5d700505f300" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization_019fd318-0c30-7d4d-9d9d-988a2589ee51" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_CostOfGoodsAndServicesSoldDepreciationAndAmortization_019fd318-0c30-7d4d-9d9d-988a2589ee51" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_019fd318-0c30-7596-93cf-fbec030e35be" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_019fd318-0c30-7596-93cf-fbec030e35be" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_019fd318-0c30-7465-9f2e-63f58f4a6797" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ShareBasedCompensation"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_ShareBasedCompensation_019fd318-0c30-7465-9f2e-63f58f4a6797" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InsuredEventGainLoss_01a01570-e2e5-7261-89c0-e4c23fa79cd4" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InsuredEventGainLoss"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_InsuredEventGainLoss_01a01570-e2e5-7261-89c0-e4c23fa79cd4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization_019fd318-0c30-7db3-9e33-98027b8561e1" xlink:href="peb-20260930.xsd#peb_AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_peb_AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization_019fd318-0c30-7db3-9e33-98027b8561e1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_01a01572-b580-7a51-b1d7-e5b64f1531b4" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_01a01572-b580-7a51-b1d7-e5b64f1531b4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfRealEstate_019fd318-0c30-71e3-9777-e84c5fe9d6c5" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ImpairmentOfRealEstate"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_ImpairmentOfRealEstate_019fd318-0c30-71e3-9777-e84c5fe9d6c5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_OperatingLeaseGroundRent_019fd318-0c30-702d-993b-e18e653ffc99" xlink:href="peb-20260930.xsd#peb_OperatingLeaseGroundRent"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_peb_OperatingLeaseGroundRent_019fd318-0c30-702d-993b-e18e653ffc99" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_019fd318-0c30-7864-8466-4430e16f0e85" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherNoncashIncomeExpense"/>
    <link:calculationArc order="10" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_019fd318-0c30-7864-8466-4430e16f0e85" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_019fd318-0c30-70dd-93f5-d754a1437025" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable"/>
    <link:calculationArc order="11" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_019fd318-0c30-70dd-93f5-d754a1437025" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_019fd318-0c30-74d3-9567-0b3b8c7beb03" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <link:calculationArc order="12" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_019fd318-0c30-74d3-9567-0b3b8c7beb03" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_019fd318-0c30-725e-a945-5b2f2cc01d53" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
    <link:calculationArc order="13" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_019fd318-0c30-725e-a945-5b2f2cc01d53" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_019fd318-0c30-7d75-bcbd-c910563d5f2b" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability"/>
    <link:calculationArc order="14" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7066-a8d3-5e3916b20f08" xlink:to="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_019fd318-0c30-7d75-bcbd-c910563d5f2b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019fd318-0c30-78cf-aa29-9390a125cdc1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-7473-8d84-c3fe7f95793d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019fd318-0c30-78cf-aa29-9390a125cdc1" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-7473-8d84-c3fe7f95793d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7d02-b819-db53863bd071" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019fd318-0c30-78cf-aa29-9390a125cdc1" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7d02-b819-db53863bd071" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7a88-8cfa-f14dcbd332f1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019fd318-0c30-78cf-aa29-9390a125cdc1" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019fd318-0c30-7a88-8cfa-f14dcbd332f1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfFinancingCosts_019fd318-0c30-70a3-801b-6beb07fb2dcd" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfFinancingCosts"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_PaymentsOfFinancingCosts_019fd318-0c30-70a3-801b-6beb07fb2dcd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_019fd318-0c30-703a-979d-990765c96e97" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_019fd318-0c30-703a-979d-990765c96e97" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_019fd318-0c30-70ee-92c4-3753f6d74f79" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RepaymentsOfLongTermDebt"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_RepaymentsOfLongTermDebt_019fd318-0c30-70ee-92c4-3753f6d74f79" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes_01a01574-0c07-7200-8c97-dad81c715cb7" xlink:href="peb-20260930.xsd#peb_PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_peb_PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes_01a01574-0c07-7200-8c97-dad81c715cb7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_019fd318-0c30-78b9-aeb8-3e885b8e929d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_019fd318-0c30-78b9-aeb8-3e885b8e929d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_019fd318-0c30-732b-9eb0-97f4c5468030" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_019fd318-0c30-732b-9eb0-97f4c5468030" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_019fd318-0c30-799b-bad4-96ad50d5ef45" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfDividendsCommonStock"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_PaymentsOfDividendsCommonStock_019fd318-0c30-799b-bad4-96ad50d5ef45" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_019fd318-0c30-7cc2-b1ae-1d4e7ca00dd3" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock"/>
    <link:calculationArc order="8" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_019fd318-0c30-7cc2-b1ae-1d4e7ca00dd3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_019fd318-0c30-7368-83e7-3bb4422826be" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019fd318-0c30-724e-acdb-eb0e9d885ded" xlink:to="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_019fd318-0c30-7368-83e7-3bb4422826be" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7eaa-9085-74e9be505e7c" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_019fd318-0c30-75f9-89a3-58601fe91d04" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForCapitalImprovements"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7eaa-9085-74e9be505e7c" xlink:to="loc_us-gaap_PaymentsForCapitalImprovements_019fd318-0c30-75f9-89a3-58601fe91d04" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_019fd318-0c30-7303-904c-b0128013dc89" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7eaa-9085-74e9be505e7c" xlink:to="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_019fd318-0c30-7303-904c-b0128013dc89" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromInsuranceSettlementInvestingActivities_019fd318-0c30-707d-8b5f-8253142c59d7" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromInsuranceSettlementInvestingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7eaa-9085-74e9be505e7c" xlink:to="loc_us-gaap_ProceedsFromInsuranceSettlementInvestingActivities_019fd318-0c30-707d-8b5f-8253142c59d7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_01a13b59-e504-70be-ac3d-f713361a3f77" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019fd318-0c30-7eaa-9085-74e9be505e7c" xlink:to="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_01a13b59-e504-70be-ac3d-f713361a3f77" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/InvestmentinHotelPropertiesScheduleofInvestmentinHotelPropertiesDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#InvestmentinHotelPropertiesScheduleofInvestmentinHotelPropertiesDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/InvestmentinHotelPropertiesScheduleofInvestmentinHotelPropertiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_019fd318-0c30-738b-82a0-2d7da10cbc88" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstateInvestmentPropertyAtCost"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-7f59-bff9-394ee5135670" xlink:href="peb-20260930.xsd#peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAtCost_019fd318-0c30-738b-82a0-2d7da10cbc88" xlink:to="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-7f59-bff9-394ee5135670" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_019fd318-0c30-7962-a77c-c61dad7bf3b1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAtCost_019fd318-0c30-738b-82a0-2d7da10cbc88" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_019fd318-0c30-7962-a77c-c61dad7bf3b1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_019fd318-0c30-784c-9ce3-776a452a830d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstateInvestmentPropertyNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_019fd318-0c30-789b-a608-0b8490f9305d" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstateInvestmentPropertyAtCost"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_019fd318-0c30-784c-9ce3-776a452a830d" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAtCost_019fd318-0c30-789b-a608-0b8490f9305d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_019fd318-0c30-7596-ba11-97a380582f73" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_019fd318-0c30-784c-9ce3-776a452a830d" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_019fd318-0c30-7596-ba11-97a380582f73" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:href="peb-20260930.xsd#peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization_019fd318-0c30-7632-a54a-5c285f2b6b76" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:to="loc_us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization_019fd318-0c30-7632-a54a-5c285f2b6b76" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FurnitureAndFixturesGross_019fd318-0c30-7800-a62f-08fcd41e7207" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FurnitureAndFixturesGross"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:to="loc_us-gaap_FurnitureAndFixturesGross_019fd318-0c30-7800-a62f-08fcd41e7207" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentBuildingAndBuildingImprovements_019fd318-0c30-78c5-be60-fb2f98fb7b70" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentBuildingAndBuildingImprovements"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:to="loc_us-gaap_InvestmentBuildingAndBuildingImprovements_019fd318-0c30-78c5-be60-fb2f98fb7b70" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Land_019fd318-0c30-78cf-afbf-d13e07612140" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Land"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:to="loc_us-gaap_Land_019fd318-0c30-78cf-afbf-d13e07612140" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DevelopmentInProcess_019fd318-0c30-744c-8940-f823f62d4b23" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DevelopmentInProcess"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost_019fd318-0c30-796e-9678-741ddbe78cf8" xlink:to="loc_us-gaap_DevelopmentInProcess_019fd318-0c30-744c-8940-f823f62d4b23" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/DebtScheduleofComponentsofDebtDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#DebtScheduleofComponentsofDebtDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/DebtScheduleofComponentsofDebtDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebt_019fd318-0c30-7a2a-8bdb-2c4579e384c8" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebt"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0c30-794a-a2a6-fc154e37de7f" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentCarryingAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LongTermDebt_019fd318-0c30-7a2a-8bdb-2c4579e384c8" xlink:to="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0c30-794a-a2a6-fc154e37de7f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_DebtInstrumentUnamortizedDiscountPremiumNetAndDeferredFinancingCostsNet_019fd318-0c30-7818-8706-eaf15fc5202c" xlink:href="peb-20260930.xsd#peb_DebtInstrumentUnamortizedDiscountPremiumNetAndDeferredFinancingCostsNet"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LongTermDebt_019fd318-0c30-7a2a-8bdb-2c4579e384c8" xlink:to="loc_peb_DebtInstrumentUnamortizedDiscountPremiumNetAndDeferredFinancingCostsNet_019fd318-0c30-7818-8706-eaf15fc5202c" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/DebtScheduleofComponentsofInterestExpenseDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#DebtScheduleofComponentsofInterestExpenseDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/DebtScheduleofComponentsofInterestExpenseDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseNonoperating_019fd318-0cec-727f-aa50-0756c4514869" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseNonoperating"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_019fd318-0cec-77e6-b499-3e18d63fadcb" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InterestExpenseNonoperating_019fd318-0cec-727f-aa50-0756c4514869" xlink:to="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_019fd318-0cec-77e6-b499-3e18d63fadcb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseDebtExcludingAmortization_019fd318-0cec-7bd5-b9e3-24812a8cfa20" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebtExcludingAmortization"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InterestExpenseNonoperating_019fd318-0cec-727f-aa50-0756c4514869" xlink:to="loc_us-gaap_InterestExpenseDebtExcludingAmortization_019fd318-0cec-7bd5-b9e3-24812a8cfa20" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_InterestExpenseIncomeDebtOther_019fd318-0cec-7bcd-a9dd-d268500e1d57" xlink:href="peb-20260930.xsd#peb_InterestExpenseIncomeDebtOther"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InterestExpenseNonoperating_019fd318-0cec-727f-aa50-0756c4514869" xlink:to="loc_peb_InterestExpenseIncomeDebtOther_019fd318-0cec-7bcd-a9dd-d268500e1d57" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/DebtScheduleofFutureMinimumPrincipalPaymentsforDebtDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#DebtScheduleofFutureMinimumPrincipalPaymentsforDebtDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/DebtScheduleofFutureMinimumPrincipalPaymentsforDebtDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentCarryingAmount"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_019fd318-0cec-796e-b159-8e8d98aa9d85" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_019fd318-0cec-796e-b159-8e8d98aa9d85" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_019fd318-0cec-7441-b8e7-63e29921b8d4" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_019fd318-0cec-7441-b8e7-63e29921b8d4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_019fd318-0cec-7eba-b115-3ee69de88386" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_019fd318-0cec-7eba-b115-3ee69de88386" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_019fd318-0cec-7696-a1e0-5f13daee29cc" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_019fd318-0cec-7696-a1e0-5f13daee29cc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_019fd318-0cec-7476-8040-a5c394223495" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_019fd318-0cec-7476-8040-a5c394223495" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_LongTermDebtMaturityAfterYearFour_019fd318-0cec-7b60-9678-415c3b9c3ebf" xlink:href="peb-20260930.xsd#peb_LongTermDebtMaturityAfterYearFour"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_019fd318-0cec-771a-858b-e92a90fff9e1" xlink:to="loc_peb_LongTermDebtMaturityAfterYearFour_019fd318-0cec-7b60-9678-415c3b9c3ebf" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/EarningsLossPerShareScheduleofReconciliationofBasicandDilutedEPSDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#EarningsLossPerShareScheduleofReconciliationofBasicandDilutedEPSDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/EarningsLossPerShareScheduleofReconciliationofBasicandDilutedEPSDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsDiluted_019fd318-0cec-760f-b460-ed843046e165" xlink:href="peb-20260930.xsd#peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsDiluted"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0cec-7b5d-898a-4884bbe87152" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsDiluted_019fd318-0cec-760f-b460-ed843046e165" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0cec-7b5d-898a-4884bbe87152" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsShareBasedCompensation_019fd318-0cec-7625-9178-08232d49cb44" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsShareBasedCompensation"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsDiluted_019fd318-0cec-760f-b460-ed843046e165" xlink:to="loc_us-gaap_DividendsShareBasedCompensation_019fd318-0cec-7625-9178-08232d49cb44" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsBasic_019fd318-0cec-77d5-a675-d6eda9f27188" xlink:href="peb-20260930.xsd#peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsBasic"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0cec-7b0a-9447-6256138ceeaa" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsBasic_019fd318-0cec-77d5-a675-d6eda9f27188" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019fd318-0cec-7b0a-9447-6256138ceeaa" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsShareBasedCompensation_019fd318-0cec-7356-a85d-9638d9e59b0e" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsShareBasedCompensation"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_NetIncomeLossAvailableToCommonStockholdersLessDividendsBasic_019fd318-0cec-77d5-a675-d6eda9f27188" xlink:to="loc_us-gaap_DividendsShareBasedCompensation_019fd318-0cec-7356-a85d-9638d9e59b0e" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/CommitmentsandContingenciesScheduleofComponentsofGroundLeasesDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#CommitmentsandContingenciesScheduleofComponentsofGroundLeasesDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/CommitmentsandContingenciesScheduleofComponentsofGroundLeasesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LeaseCost_019fd318-0cec-7a0b-8662-9965117d1ac6" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LeaseCost"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_FixedLeaseCost_019fd318-0cec-75a7-8652-139786afa148" xlink:href="peb-20260930.xsd#peb_FixedLeaseCost"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LeaseCost_019fd318-0cec-7a0b-8662-9965117d1ac6" xlink:to="loc_peb_FixedLeaseCost_019fd318-0cec-75a7-8652-139786afa148" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_VariableLeaseCost_019fd318-0cec-7831-bad3-33b328e382d9" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_VariableLeaseCost"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LeaseCost_019fd318-0cec-7a0b-8662-9965117d1ac6" xlink:to="loc_us-gaap_VariableLeaseCost_019fd318-0cec-7831-bad3-33b328e382d9" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.pebblebrookhotels.com/role/OperatingSegmentInformationDetails" xlink:type="simple" xlink:href="peb-20260930.xsd#OperatingSegmentInformationDetails"/>
  <link:calculationLink xlink:role="http://www.pebblebrookhotels.com/role/OperatingSegmentInformationDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:href="peb-20260930.xsd#peb_EarningsBeforeInterestTaxDepreciationAndAmortization"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_019fd318-0ced-7e53-9cdf-24920f7779eb" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_019fd318-0ced-7e53-9cdf-24920f7779eb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization_019fd318-0ced-7d25-bbb8-203a67ff54f5" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_us-gaap_CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization_019fd318-0ced-7d25-bbb8-203a67ff54f5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_SegmentReportingOtherSegmentItemGeneralAndAdministrativeAmount_019fd318-0ced-758a-9728-1f37ceb46860" xlink:href="peb-20260930.xsd#peb_SegmentReportingOtherSegmentItemGeneralAndAdministrativeAmount"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_peb_SegmentReportingOtherSegmentItemGeneralAndAdministrativeAmount_019fd318-0ced-758a-9728-1f37ceb46860" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SellingAndMarketingExpense_019fd318-0ced-7f61-8c05-e192b5f5a600" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SellingAndMarketingExpense"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_us-gaap_SellingAndMarketingExpense_019fd318-0ced-7f61-8c05-e192b5f5a600" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_OperationsAndMaintenance_019fd318-0ced-7a61-a11a-7efb62077757" xlink:href="peb-20260930.xsd#peb_OperationsAndMaintenance"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_peb_OperationsAndMaintenance_019fd318-0ced-7a61-a11a-7efb62077757" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ManagementFeeExpense_019fd318-0ced-7a91-8352-ef8ed8cdd3d9" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ManagementFeeExpense"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_us-gaap_ManagementFeeExpense_019fd318-0ced-7a91-8352-ef8ed8cdd3d9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent_019fd318-0ced-7cce-a134-15de8b6937fd" xlink:href="peb-20260930.xsd#peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_peb_RealEstateTaxesPersonalPropertyTaxesPropertyInsuranceAndGroundRent_019fd318-0ced-7cce-a134-15de8b6937fd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SegmentReportingOtherItemAmount_019fd318-0ced-755b-a658-fbe975155567" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SegmentReportingOtherItemAmount"/>
    <link:calculationArc order="8" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_peb_EarningsBeforeInterestTaxDepreciationAndAmortization_019fd318-0ced-7d25-9549-3110578ef94b" xlink:to="loc_us-gaap_SegmentReportingOtherItemAmount_019fd318-0ced-755b-a658-fbe975155567" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>
