Xenia Hotels & Resorts Celebrates 10-Year Anniversary of NYSE Listing by Ringing The Closing Bell

Rhea-AI Summary

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.

ORLANDO, Fla., Feb. 4, 2025 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") has announced that it will celebrate the 10^th anniversary of its listing on the New York Stock Exchange ("NYSE") by ringing The Closing Bell today at 4:00 PM EST.

"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 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.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/xenia-hotels--resorts-celebrates-10-year-anniversary-of-nyse-listing-by-ringing-the-closing-bell-302366473.html

SOURCE Xenia Hotels & Resorts, Inc.

FAQ

What milestone did Xenia Hotels & Resorts (XHR) celebrate on February 4, 2025?

Xenia Hotels & Resorts celebrated its 10-year anniversary of listing on the New York Stock Exchange by ringing The Closing Bell.

How many properties does XHR currently own in its portfolio?

XHR owns 31 hotels comprising 9,408 rooms across 14 states in the United States.

What are the major hotel brands that operate XHR's properties?

XHR's properties are operated by industry leaders including Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Collection.

What is XHR's main investment focus in the hospitality sector?

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.

What key improvements has XHR achieved over its 10-year NYSE listing period?

XHR has improved its portfolio quality, enhanced brand and geographic diversification, and strengthened its balance sheet over the past decade.