Xenia Hotels beat where it counts: July RevPAR surged 10% year-over-year and management raised full-year Adjusted FFO guidance to $1.96-$2.08, even as a $38.8M impairment charge on the Kimpton RiverPlace Hotel knocked reported earnings to -$0.21 versus the $0.245 consensus.
Xenia Hotels & Resorts :
XHR
XHR
Stock Data
$19.42
$0.03 (0.15%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - HOTEL & MOTEL
Xenia Hotels & Resorts Inc is a real estate investment trust (REIT) specializing in luxury and upper upscale hotels and resorts. With a portfolio of 32 properties across 14 states, totaling 9,511 rooms, Xenia focuses on major lodging markets and key leisure destinations in the United States. Its properties are associated with renowned operators like Marriott, Hyatt, and Hilton, ensuring high-quality experiences for guests. This strategic positioning allows Xenia to cater to the sophisticated traveler seeking premium accommodations.
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