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) maintains a curated news hub for investors tracking this hospitality REIT's strategic moves in luxury accommodations. Our repository provides immediate access to official financial updates, property acquisitions, and operational developments across XHR's portfolio of premium hotels.
Monitor critical updates including quarterly earnings reports, asset repositioning initiatives, and management partnership announcements with brands like Marriott and Hyatt. The collection serves analysts seeking performance metrics and renovation progress across key US markets.
Bookmark this page for streamlined access to XHR's capital improvement updates, market expansion strategies, and leadership communications. All content is vetted for relevance to investor decision-making in the upscale hospitality sector.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) announced it will report its first quarter 2023 financial results after market close on May 2, 2023. A conference call is scheduled for May 3, 2023, at 9:00 AM ET to discuss the results. Participants can join by calling (833) 470-1428 or (929) 526-1599 for international access, using access code 337219. A replay will be available one hour post-call, and a live webcast can be accessed on the Company’s website. Xenia operates 32 hotels with a focus on luxury and upper upscale segments.
Xenia Hotels & Resorts (NYSE: XHR) reported fourth quarter 2022 net income of $35.3 million, or $0.31 per share, with Adjusted EBITDAre at $64.6 million, a 32% increase year-over-year. Full year net income reached $55.9 million, also $0.49 per share. Same-Property RevPAR rose by 21.5% to $166.87 compared to Q4 2021, but decreased 5.1% year-over-year. The company sold three hotels, netting $133.5 million, while acquiring W Nashville for $328.7 million. Looking ahead, Xenia anticipates continued growth in 2023, projecting Adjusted FFO per diluted share between $1.36 and $1.60. The company declared a quarterly dividend of $0.10 per share for Q4 2022.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) announced a cash dividend of $0.10 per share for Q1 2023, payable on April 14, 2023, to shareholders of record as of March 31, 2023. This reflects the company's ongoing commitment to return value to its shareholders. Additionally, Xenia will hold its Annual Meeting of Stockholders on May 16, 2023, with a record date of March 23, 2023, for voting eligibility. Xenia owns 32 luxury and upper upscale hotels across the U.S., showcasing its strategic position in key lodging markets.
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