Xenia Hotels & Resorts Celebrates 10-Year Anniversary of NYSE Listing by Ringing The Closing Bell
Xenia Hotels & Resorts (NYSE: XHR) marked its 10th anniversary of NYSE listing by ringing The Closing Bell on February 4, 2025.
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Xenia Hotels & Resorts (NYSE: XHR) marked its 10th anniversary of NYSE listing by ringing The Closing Bell on February 4, 2025. Chair and CEO Marcel Verbaas highlighted the company's decade-long journey of creating shareholder value despite industry challenges.
The company has evolved significantly over the past decade, achieving improved portfolio quality, enhanced brand and geographic diversification, and a strengthened balance sheet. Currently, Xenia owns 31 hotels with 9,408 rooms across 14 states, focusing on luxury and upper upscale segments in top 25 lodging markets and key leisure destinations.
The properties are operated by leading industry names including Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Collection. As a self-advised and self-administered REIT, Xenia continues to position itself strategically for future growth and shareholder value creation.
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News Market Reaction – XHR
The recorded move for XHR in the trading session of this news was +0.07%.
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"Today, as we celebrate 10 years since our listing on the New York Stock Exchange, we are deeply honored to commemorate this event by ringing the iconic Closing Bell," said Marcel Verbaas, Chair and Chief Executive Officer of Xenia. "This moment is a testament to the hard work and dedication of our entire team who, throughout the last decade, continued to identify and embrace opportunities to deliver on our promise to drive value for our shareholders, despite unprecedented challenges in the lodging industry. Because of these efforts, our portfolio today is comprised of higher quality hotels and resorts, brand and geographic diversification has significantly improved, our balance sheet is strong, and we are well-positioned to achieve our strategic objectives going forward. As we reflect on this milestone, we look forward to continuing to build on this strong foundation and continue to create shareholder value in the years to come."
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
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.
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