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Xenia Hotels & Resorts Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-08-27 20:30
ORLANDO, Fla., Aug. 27, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") will report financial results for the third quarter 2024 after the market closes on Wednesday, November 6, 2024. Management will discuss the Company's results during a conference call the following day, Thursday, November 7, 2024 at 11:00 am (Eastern Time). To participate in the conference call, please follow the steps listed below: Thursday, November 7, 2024, dial (833) 470-1428 approximately te ...
Xenia Hotels & Resorts: Spending For Long-Term Growth
Seeking Alpha· 2024-08-20 12:18
Thomas Barwick Xenia Hotels & Resorts (NYSE:XHR) or Xenia is a self-administered REIT operating luxury and upscale hotels and resorts across the US. It owns 31 hotels comprising 9,408 rooms across 14 states. Some brands it operates under include Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton and The Kessler Collection. Incremental growth continues to be its theme at Xenia. The company continues to upgrade its hotels and make strategic acquisitions that overall will boost its profit margins. The company i ...
Xenia Hotels & Resorts(XHR) - 2024 Q2 - Earnings Call Transcript
2024-08-02 23:59
Xenia Hotels & Resorts, Inc. (NYSE:XHR) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Aldo Martinez - Finance Manager Marcel Verbaas - Chair and Chief Executive Officer Barry Bloom - President and Chief Operating Officer Atish Shah - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Bellisario - Baird David Katz - Jefferies Aryeh Klein - BMO Capital Markets Jack Armstrong - Wells Fargo Tyler Batory - Oppenheimer Operator Hello all, a ...
Xenia Hotels & Resorts(XHR) - 2024 Q2 - Quarterly Report
2024-08-02 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ Title of each class Trading Symbol Name of each exchange on which registered Common Stock XHR New York Stock Exchange FORM 10-Q ____________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transi ...
Xenia Hotels & Resorts (XHR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-02 00:36
Xenia Hotels & Resorts (XHR) reported $272.9 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.7%. EPS of $0.52 for the same period compares to $0.12 a year ago. The reported revenue represents a surprise of -0.89% over the Zacks Consensus Estimate of $275.36 million. With the consensus EPS estimate being $0.49, the EPS surprise was +6.12%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...
Xenia Hotels & Resorts (XHR) Surpasses Q2 FFO Estimates
ZACKS· 2024-08-01 23:15
Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to FFO of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.12%. A quarter ago, it was expected that this real estate investment trust that owns hotels would post FFO of $0.38 per share when it actually produced FFO of $0.44, delivering a surprise of 15.79 ...
Xenia Hotels & Resorts(XHR) - 2024 Q2 - Quarterly Results
2024-08-01 20:34
NEWS RELEASE Date: August 1, 2024 XENIA HOTELS & RESORTS REPORTS SECOND QUARTER 2024 RESULTS Orlando, FL – August 1, 2024 – Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights • Net Income: Net income attributable to common stockholders was $15.3 million, or $0.15 per share • Adjusted EBITDAre: $68.4 million, decreased 8.4% compared to the second quarter of 2023 • Adjusted FFO per Diluted Share: $0.52 ...
Xenia Hotels & Resorts Reports Second Quarter 2024 Results
Prnewswire· 2024-08-01 20:30
ORLANDO, Fla., Aug. 1, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Net Income: Net income attributable to common stockholders was $15.3 million, or $0.15 per share Adjusted EBITDAre: $68.4 million, decreased 8.4% compared to the second quarter of 2023 Adjusted FFO per Diluted Share: $0.52, increased 10.6% compared to the second quarter of 2023 Same-Property Occupancy: 71.0 ...
Xenia Hotels & Resorts Completes Disposition of Lorien Hotel & Spa
Prnewswire· 2024-07-09 20:30
ORLANDO, Fla., July 9, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has completed the disposition of the 107-room Lorien Hotel & Spa in Alexandria, VA, for $30 million, or approximately $280,000 per key. The sale price represents a 21.3x multiple and a 3.1% capitalization rate on Hotel EBITDA and Net Operating Income for the trailing twelve months ended May 31, 2024, respectively. For additional information or to receive press releases via email ...
Xenia Hotels & Resorts(XHR) - 2024 Q1 - Earnings Call Transcript
2024-05-03 22:35
Xenia Hotels & Resorts, Inc. (NYSE:XHR) Q1 2024 Earnings Call Transcript May 3, 2024 10:00 AM ET Raymond James Aldo Martinez - Finance Manager Marcel Verbaas - Chair and CEO Barry Bloom - President and COO Atish Shah - EVP and CFO Conference Call Participants Michael Bellisario - Baird Ari Klein - BMO Capital Markets Dori Kesten - Wells Fargo Austin Wurschmidt - KeyBanc Capital Markets Bill Crow - Raymond James Operator Hello, and welcome to the Xenia Hotels & Resorts Inc. Q1 2024 Earnings Conference Call. ...