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.
Equitable Holdings (NYSE: EQH) announces the appointment of Arlene Isaacs-Lowe as an independent board member, effective immediately. With over 30 years' experience in financial services, she has a proven track record in driving growth and integrating ESG strategies. Previously, she held leadership roles at Moody's and currently serves on several boards, including Compass Group PLC (OTC: CMPGY) and Xenia Hotels & Resorts (NYSE: XHR). Her expertise is expected to enhance Equitable's leadership in key areas.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) will announce its second quarter 2022 financial results on August 3, 2022, prior to market opening. A conference call led by management will take place at 1:00 PM (ET) on the same day to discuss the results. Interested participants can join by dialing (844) 200-6205 or the international line at (929) 526-1599 with access code 441090. For those unable to attend live, a replay of the call will be available within an hour post-call. A live webcast can also be accessed on Xenia's website.
Xenia Hotels & Resorts (NYSE: XHR) reported a net loss of $5.3 million or $0.05 per share for Q1 2022, though Adjusted EBITDA was strong at $49.9 million. Same-property occupancy increased to 58.0%, up 2250 basis points from Q1 2021, while ADR rose 34.4% year-over-year to $258.12. The firm sold the Kimpton Hotel Monaco for $36 million and acquired the W Nashville for $328.7 million. Looking forward, occupancy is projected at 72% for April 2022, marking a significant recovery indicator. However, Same-Property RevPAR remains 19.5% below pre-pandemic levels in Q1 2019.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) will release its first quarter 2022 financial results on May 3, 2022, before market opening. A conference call to discuss these results will take place at 1:00 pm (Eastern Time) on the same day. Interested participants can join by dialing (844) 200-6205 or (929) 526-1599 for international calls, using access code 394554. A replay will be available after the call, and a live webcast can be accessed through the Company's website.
Xenia operates 34 hotels in the U.S., focusing on luxury and upper upscale markets.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has successfully completed the acquisition of the W Nashville, a newly developed luxury hotel with 346 keys, for $328.7 million, or $950,000 per key. This acquisition was financed through available cash and marks a significant addition to Xenia’s portfolio of luxury and upper upscale hotels.
The company, which operates 34 hotels across the U.S., continues to expand its presence in strategically important lodging markets.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) announced its 2022 Annual Meeting of Stockholders set for May 17, 2022, in Nashville, Tennessee. The record date for eligibility to vote is March 31, 2022. Xenia focuses on luxury and upper upscale hotels, owning 33 properties with 9,468 rooms across 13 states, partnered with leading brands such as Marriott and Hilton.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has appointed Arlene Isaacs-Lowe to its Board of Directors and the Nominating and Corporate Governance Committee, effective March 14, 2022. This brings the Board's total members to ten, with nine being independent. Ms. Isaacs-Lowe, currently a Special Advisor at Moody's Corporation (NYSE: MCO), is expected to bring valuable insights on ESG initiatives, risk management, and commercial real estate. She will stand for election at the 2022 Annual Meeting of Shareholders.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has agreed to acquire the 346-key W Nashville for $328.7 million, equating to $950,000 per key. This transaction marks Xenia's 14th property acquisition since its NYSE listing in 2015 and aligns with its strategy of expanding its portfolio in top markets. The hotel, opened in October 2021, features various amenities, including six food and beverage venues and significant meeting space. Xenia expects the acquisition to enhance its earnings, projecting Hotel EBITDA of $25-$30 million upon stabilization. The deal is set to close by the end of Q1 2022.
Xenia Hotels & Resorts reported a net loss attributable to common stockholders of $22.9 million for the fourth quarter of 2021, translating to $0.20 per share. Adjusted EBITDAre stood at $48.9 million with a Same-Property RevPAR of $136.01, down 17.5% compared to Q4 2019. The company sold two hotels generating $41 million and plans to acquire the W Nashville for $328.7 million. Despite the challenges due to the omicron variant, improving trends were noted in February with expected RevPAR recovery.
Xenia Hotels & Resorts (NYSE: XHR) is set to release its fourth quarter and full year 2021 financial results on March 1, 2022, before market opening. A conference call will be held at 1:00 pm ET to discuss the results. Participants can join by dialing (844) 200-6205, using access code 174105. A replay will be available an hour post-call, and a live webcast can be accessed on Xenia's website.
The company specializes in luxury and upper upscale hotels, owning 34 properties across 14 states.
