Xenia Hotels Q3 net loss $22.2M; Same-Property RevPAR down 23.1% vs 2019

Xenia Hotels & Resorts, Inc.

2021-Q3 EPS reported -$1.06 revenue$412,610,000

Net loss attributable to common stockholders of $22.2M, or $0.20 per share.
Adjusted FFO per diluted share of $0.13; Adjusted EBITDAre of $35.4M.
Same-Property RevPAR $123.70, down 23.1% vs Q3 2019; occupancy 55.1%, ADR $224.54.
Same-Property Hotel EBITDA margin 23.8%, up 44 bps from Q3 2019; liquidity over $1B.
CEO notes Delta variant headwinds in Aug/Sep, but leisure demand strength drove sequential RevPAR improvement.

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