Xenia Hotels & Resorts Declares Dividend for Second Quarter 2025 and Announces Board Approval for a $100 Million Increase in Share Repurchase Program

Rhea-AI Summary

Xenia Hotels & Resorts (NYSE: XHR) has announced two significant shareholder-friendly initiatives. The company declared a quarterly cash dividend of $0.14 per share for Q2 2025, payable on July 15, 2025, to shareholders of record as of June 30, 2025. Additionally, the Board of Directors has authorized a $100 million increase to its share repurchase program, bringing the total remaining repurchase authorization to approximately $180 million as of May 13, 2025.

Xenia, a self-advised and self-administered REIT, currently owns 30 hotels and resorts comprising 8,868 rooms across 14 states, focusing on luxury and upper upscale segments in top 25 lodging markets and key leisure destinations in the United States.

Positive

• Board approved $100 million increase in share repurchase authorization
• Total remaining repurchase authorization of $180 million demonstrates strong commitment to returning capital to shareholders
• Consistent quarterly dividend payment of $0.14 per share indicates stable cash flow generation
• Diverse portfolio of 30 hotels and resorts across 14 states reduces geographic concentration risk

Negative

• Share repurchase program can be suspended or discontinued at any time without obligation to acquire shares
• Dividend payout requires consistent cash flow maintenance in a cyclical hospitality industry

Insights

Financial Analyst

Xenia's $0.14 dividend maintenance and $100M buyback expansion signals financial strength and shareholder commitment in hospitality REIT sector.

Xenia's quarterly dividend declaration of $0.14 per share maintains its current payout level, demonstrating stability in its shareholder return policy despite ongoing challenges in the hospitality industry. This consistent dividend approach suggests management's confidence in the company's cash flow generation capabilities.

The more significant development is the $100 million expansion of Xenia's share repurchase authorization, bringing the total available authorization to approximately $180 million. This represents a substantial commitment for a REIT with 30 properties across 14 states focusing on luxury and upper-upscale segments.

The expanded buyback program creates strategic flexibility for management to opportunistically acquire shares if they believe the stock is undervalued. For a REIT that invests in high-end hotel properties in top 25 lodging markets and key leisure destinations, this capital allocation approach signals management's potential view that repurchasing shares may deliver better returns than some property acquisitions in the current market.

The dual approach of maintaining dividends while significantly expanding share repurchase capacity reflects a balanced capital return strategy. By working with premium brands like Marriott, Hyatt, and Hilton across its portfolio of 8,868 rooms, Xenia is positioning itself to leverage both the business and leisure travel segments while returning value to shareholders through these financial mechanisms.

ORLANDO, Fla., May 14, 2025 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its Board of Directors authorized a cash dividend of $0.14 per share of the Company's common stock for the second quarter 2025. The dividend will be paid on July 15, 2025, to all holders of record of the Company's common stock as of the close of business on June 30, 2025.

In addition, the Company's Board of Directors authorized the repurchase of up to an additional $100 million of the Company's outstanding common shares. Repurchases may be made in the open market and privately negotiated transactions, or by other means, including Rule 10b5-1 trading plans. The repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any particular amount of shares. Inclusive of this additional authorization, the Company had approximately $180 million remaining under its total repurchase authorization as of May 13, 2025.

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 30 hotels and resorts comprising 8,868 rooms across 14 states. Xenia's hotels are in the luxury and upper upscale segments, and are operated and/or licensed by industry leaders such as Marriott, Hyatt, Fairmont, Kimpton, 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 

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SOURCE Xenia Hotels & Resorts, Inc.

FAQ

What is the dividend amount and payment date for Xenia Hotels & Resorts (XHR) Q2 2025?

Xenia Hotels & Resorts will pay a cash dividend of $0.14 per share on July 15, 2025, to shareholders of record as of June 30, 2025.

How much did XHR increase its share repurchase program by in May 2025?

Xenia Hotels & Resorts increased its share repurchase program by $100 million, bringing the total remaining authorization to approximately $180 million as of May 13, 2025.

How many properties does Xenia Hotels & Resorts own in 2025?

Xenia Hotels & Resorts owns 30 hotels and resorts comprising 8,868 rooms across 14 states in the United States.

What is the record date for XHR's Q2 2025 dividend?

The record date for Xenia Hotels & Resorts' Q2 2025 dividend is June 30, 2025.

What hotel brands are associated with Xenia Hotels & Resorts properties?

Xenia's hotels are operated and/or licensed by industry leaders including Marriott, Hyatt, Fairmont, Kimpton, Loews, Hilton, and The Kessler Collection.