Xenia Q2 net loss $42M; Adj FFO per share $0.08; RevPAR $110, down 38.7% vs Q2 2019

Xenia Hotels & Resorts, Inc.

2021-Q2 EPS reported -$0.86 revenue$239,826,000

Net loss $42.0M ($0.36/share) vs $99.1M loss in Q2 2020; Adj EBITDAre $27.4M.
Adj FFO per diluted share $0.08, turning positive from ($0.48) in Q2 2020.
Same-Property RevPAR $110.45 (occupancy 51.4%, ADR $215.01), decline 38.7% vs Q2 2019.
Same-Property Hotel EBITDA $36.3M with 24.0% margin, vs ($35.5M) in Q2 2020.
CEO cites continued demand recovery and balance sheet strength; cautious on COVID resurgence.

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