XHR News & Events

Reports Q1 revenue $295.41M, consensus $291.33M. "We are pleased with the strong start to 2026, as our portfolio delivered first quarter results that exceeded our expectations" said Marcel Verbaas, Chair and Chief Executive Officer of Xenia. "Record performance at Grand Hyatt Scottsdale Resort and increased group and transient demand throughout the portfolio resulted in Same-Property RevPAR growth of 7.4% versus the first quarter of 2025, with March being a standout month delivering Same-Property RevPAR growth of over 14% versus the same month last year. Favorable top-line performance driven by meaningful ADR growth and solid expense management resulted in margin growth of 270 basis points. Adjusted EBITDAre and Adjusted FFO per share increased nearly 12% and 24%, respectively, reflecting our continued focus on profitability and per share earnings. As a result, we have increased our full-year guidance to reflect the first quarter outperformance."

Sees FY26 same-property total RevPAR up 2.75%-5.75%. The company said, "The Company is providing its full year 2026 outlook. The range below reflects the Company's limited visibility in forecasting due to continued macroeconomic uncertainty and is based on the current economic environment and does not take into account any unanticipated impacts to the business or operations. Furthermore, this guidance assumes no additional acquisitions, dispositions, equity issuances, or share and/or senior note repurchases."

Reports Q4 revenue $265.58M, consensus $264.77M. "Strong group and transient demand drove a Same-Property RevPAR increase of 4.5% for the quarter, building on the 5.6% RevPAR growth our Same-Property portfolio achieved in the fourth quarter of 2024," said Marcel Verbaas, chair and CEO of Xenia. "Growth in non-rooms revenues contributed to a 6.7% increase in Same-Property Total RevPAR for the quarter. The continued successful ramp at Grand Hyatt Scottsdale, as well as strong performance by our hotels in Santa Barbara, Orlando, San Diego, and Santa Clara were the most significant components of our Same-Property RevPAR growth for the quarter. Encouragingly, our hotels in the Houston market also experienced growth in RevPAR as market performance improved after the difficult year-over-year comparisons in the third quarter."