Welcome to our dedicated page for Xenia Hotels & Resorts news (Ticker: XHR), a resource for investors and traders seeking the latest updates and insights on Xenia Hotels & Resorts stock.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) is a self-advised and self-administered lodging REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts in the United States. This news page aggregates company announcements, earnings releases, business updates, and other disclosures that Xenia distributes through press releases and SEC-related communications.
Readers can find detailed coverage of Xenia’s quarterly and full-year earnings results, including metrics such as occupancy, average daily rate (ADR), RevPAR, Total RevPAR, net income, Adjusted EBITDAre, Adjusted FFO, and Same-Property Hotel EBITDA. The company regularly issues press releases when it reports results for periods ended March 31, June 30, September 30, and December 31, and these are often accompanied by conference call and webcast details.
News items also include business updates and outlook commentary, where Xenia discusses portfolio performance trends, group demand, revenue mix between rooms and non-rooms categories, and its views on upcoming periods. Capital markets activity is another recurring theme, with releases describing share repurchase activity, dividend declarations, and changes to repurchase authorizations approved by the board of directors.
In addition, Xenia’s news flow covers transaction and capital expenditure activity, such as hotel sales, acquisitions of interests in hotel real estate, and major renovation projects at properties like Grand Hyatt Scottsdale Resort and other branded hotels in the portfolio. Updates on property-level initiatives, including food and beverage concepts and infrastructure upgrades, appear in these communications.
Investors and observers who follow XHR news can use this page to review the company’s historical announcements, track its reported operating trends, and see how management describes the evolution of its luxury and upper upscale hotel and resort portfolio over time.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has announced a cash dividend of $0.12 per share for the third quarter of 2024. The dividend will be paid on October 15, 2024 to shareholders of record as of September 30, 2024. Xenia is a self-advised and self-administered REIT focusing on luxury and upper upscale hotels in top U.S. lodging markets and key leisure destinations. The company owns 31 hotels with 9,408 rooms across 14 states, operated by industry leaders such as Marriott, Hyatt, and Hilton.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has announced the timing of its Third Quarter 2024 earnings release and conference call. The company will report financial results after market close on Wednesday, November 6, 2024, followed by a conference call on Thursday, November 7, 2024, at 11:00 am (Eastern Time). Investors can participate by dialing (833) 470-1428 with access code 348028. A live webcast and replay will be available on the company's website. Xenia Hotels & Resorts is a self-advised REIT focusing on luxury and upper upscale hotels in top U.S. lodging markets, owning 31 hotels with 9,408 rooms across 14 states.
Xenia Hotels & Resorts (NYSE: XHR) reported its Q2 2024 results. Key highlights include:
- Net income of $15.3 million, or $0.15 per share
- Adjusted EBITDAre of $68.4 million, down 8.4% YoY
- Adjusted FFO per share of $0.52, up 10.6% YoY
- Same-Property RevPAR of $185.69, up 1.8% YoY
- Same-Property Hotel EBITDA of $73.4 million, down 7.5% YoY
The company saw strong RevPAR growth in Q2, with Same-Property RevPAR excluding Hyatt Regency Scottsdale up 5% YoY. However, due to softer leisure demand and expense pressures, Xenia lowered its full-year Adjusted EBITDAre guidance. The company continues to progress on its transformative renovation of Hyatt Regency Scottsdale, expected to drive growth in 2025 and beyond.
Xenia Hotels & Resorts (NYSE: XHR) announced the sale of Lorien Hotel & Spa in Alexandria, VA for $30 million, equating to approximately $280,000 per room. The transaction reflects a 21.3x multiple and a 3.1% capitalization rate based on Hotel EBITDA and Net Operating Income over the last twelve months. The proceeds will be used for general corporate purposes such as share repurchases, debt repayment, capital expenditures, and acquisitions. Xenia owns 31 luxury and upper upscale hotels with 9,408 rooms across 14 states.
Xenia Hotels & Resorts (NYSE: XHR) will release its second quarter 2024 earnings on August 1, 2024, after market close. A conference call to discuss the results will be held on August 2, 2024, at 11:00 am ET. To participate, dial (833) 470-1428 using code 497215. A replay will be available at (866) 813-9403, code 302069. The call will also be webcast live on Xenia's website, www.xeniareit.com, and archived for 90 days.
Xenia owns 32 luxury and upper upscale hotels across the U.S., with properties affiliated with major brands like Marriott, Hyatt, and Hilton. The company focuses on premier lodging markets and key leisure destinations.
Xenia Hotels & Resorts (NYSE: XHR) announced a cash dividend of $0.12 per share for Q2 2024. The dividend will be paid on July 15, 2024, to shareholders of record as of June 28, 2024.
Xenia is a self-advised and self-administered REIT investing in luxury and upper upscale hotels, owning 32 hotels with 9,515 rooms across 14 states. Their portfolio includes properties operated by Marriott, Hyatt, and other industry leaders.
Xenia Hotels & Resorts, Inc. reported Q1 2024 results with Net Income of $8.5 million, Adjusted EBITDAre of $65.3 million, and Same-Property RevPAR at $176.86. Despite a decrease in some metrics, there was growth in key areas like Same-Property Occupancy and Same-Property Hotel Net Income. The Company repurchased shares and declared a dividend, showing financial stability.
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