Xenia Hotels & Resorts Declares Dividend For Third Quarter 2024

Rhea-AI Summary

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.

Positive

• Consistent dividend payment indicating financial stability
• Diverse portfolio of 31 hotels across 14 states
• Focus on luxury and upper upscale segments in top markets

Negative

• None.

News Market Reaction – XHR

+2.10%

+2.10% Session move

In the trading session that priced this news, XHR gained 2.10%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its Board of Directors authorized a cash dividend of $0.12 per share of the Company's common stock for the third quarter 2024. The dividend will be paid on October 15, 2024 to all holders of record of the Company's common stock as of the close of business on September 30, 2024.

About Xenia Hotels & Resorts, Inc.
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 31 hotels comprising 9,408 rooms across 14 states. Xenia's hotels are in the luxury and upper upscale segments and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Collection. For more information on Xenia's business, refer to the Company website at www.xeniareit.com.

Contact:
Atish Shah, Executive Vice President and Chief Financial Officer, Xenia Hotels & Resorts, (407) 246-8100

For additional information or to receive press releases via email, please visit our website at www.xeniareit.com

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SOURCE Xenia Hotels & Resorts, Inc.

FAQ

What is the dividend amount for Xenia Hotels & Resorts (XHR) for Q3 2024?

Xenia Hotels & Resorts (XHR) has declared a cash dividend of $0.12 per share for the third quarter of 2024.

When will XHR pay its Q3 2024 dividend?

The dividend will be paid on October 15, 2024 to shareholders of record as of the close of business on September 30, 2024.

How many hotels does Xenia Hotels & Resorts (XHR) own?

Xenia Hotels & Resorts owns 31 hotels comprising 9,408 rooms across 14 states in the United States.

What type of properties does XHR focus on?

XHR focuses on uniquely positioned luxury and upper upscale hotels and resorts in the top 25 lodging markets and key leisure destinations in the United States.