XENIA HOTELS & RESORTS DECLARES DIVIDEND FOR FIRST QUARTER 2023 AND ANNOUNCES ANNUAL STOCKHOLDERS MEETING AND RECORD DATE

Rhea-AI Summary

Xenia Hotels & Resorts, Inc. (NYSE: XHR) announced a cash dividend of $0.10 per share for Q1 2023, payable on April 14, 2023, to shareholders of record as of March 31, 2023. This reflects the company's ongoing commitment to return value to its shareholders. Additionally, Xenia will hold its Annual Meeting of Stockholders on May 16, 2023, with a record date of March 23, 2023, for voting eligibility. Xenia owns 32 luxury and upper upscale hotels across the U.S., showcasing its strategic position in key lodging markets.

Positive

• Authorized $0.10 cash dividend per share, showing commitment to shareholders.
• Annual Meeting scheduled for May 16, 2023, encouraging shareholder engagement.

Negative

• None.

ORLANDO, Fla., Feb. 17, 2023 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its Board of Directors authorized a cash dividend of $0.10 per share of the Company's common stock for the first quarter 2023. The dividend will be paid on April 14, 2023 to all holders of record of the Company's common stock as of the close of business on March 31, 2023. Consistent with prior practice, all future dividend determinations are subject to approval by the Company's Board of Directors.

The Company also announced that its Annual Meeting of Stockholders will be held in Orlando, FL on Tuesday, May 16, 2023. The Company's Board of Directors has established March 23, 2023, as the record date for determining stockholders entitled to vote at the 2023 Annual Stockholders Meeting.

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 32 hotels comprising 9,508 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, The Kessler Collection, and Davidson. 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 declared by Xenia Hotels & Resorts for Q1 2023?

Xenia Hotels & Resorts declared a cash dividend of $0.10 per share for Q1 2023.

When will the dividend be paid to shareholders?

The dividend will be paid on April 14, 2023.

What is the record date for the upcoming Annual Meeting of Stockholders?

The record date is March 23, 2023.

When is the Annual Meeting of Stockholders for Xenia Hotels & Resorts?

The Annual Meeting will be held on May 16, 2023.

What is the focus of Xenia Hotels & Resorts' investments?

Xenia focuses on luxury and upper upscale hotels in key lodging markets across the United States.