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) is a self-advised and self-administered lodging REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts in the United States. This news page aggregates company announcements, earnings releases, business updates, and other disclosures that Xenia distributes through press releases and SEC-related communications.
Readers can find detailed coverage of Xenia’s quarterly and full-year earnings results, including metrics such as occupancy, average daily rate (ADR), RevPAR, Total RevPAR, net income, Adjusted EBITDAre, Adjusted FFO, and Same-Property Hotel EBITDA. The company regularly issues press releases when it reports results for periods ended March 31, June 30, September 30, and December 31, and these are often accompanied by conference call and webcast details.
News items also include business updates and outlook commentary, where Xenia discusses portfolio performance trends, group demand, revenue mix between rooms and non-rooms categories, and its views on upcoming periods. Capital markets activity is another recurring theme, with releases describing share repurchase activity, dividend declarations, and changes to repurchase authorizations approved by the board of directors.
In addition, Xenia’s news flow covers transaction and capital expenditure activity, such as hotel sales, acquisitions of interests in hotel real estate, and major renovation projects at properties like Grand Hyatt Scottsdale Resort and other branded hotels in the portfolio. Updates on property-level initiatives, including food and beverage concepts and infrastructure upgrades, appear in these communications.
Investors and observers who follow XHR news can use this page to review the company’s historical announcements, track its reported operating trends, and see how management describes the evolution of its luxury and upper upscale hotel and resort portfolio over time.
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.
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