---
schema_version: "secwatch.filing_event.v1"
accession: "0001616000-21-000140"
form_type: "8-K"
ticker: "XHR"
cik: "0001616000"
company_name: "Xenia Hotels & Resorts, Inc."
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:50:58.945011+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xenia Hotels updates on Chicago hotel sale for $36M, liquidity over $1B, RevPAR trend

## Summary
- Pending sale of Kimpton Hotel Monaco Chicago for $36M ($188,500/key); expected close by Q1 2022; $15M book impairment.
- Sold Marriott Charleston Town Center for $5M plus retained $5.6M in FF&E reserves; exit from non-core market.
- Liquidity over $1B as of Nov 30: ~$500M cash + full revolver availability; $17M tax refund delayed to 2022.
- November Same-Property RevPAR $139.41 (-15.5% vs 2019); occupancy 58.6% (down 1539 bps); ADR $238 (+6.7%).
- Q3 2021 Same-Property RevPAR $126.39 (-22.9% vs 2019); sequential improvement from Q2's -38.6%.

## SEC filing metadata
- accession: 0001616000-21-000140
- form_type: 8-K
- ticker: XHR
- cik: 0001616000
- company_name: Xenia Hotels & Resorts, Inc.
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616000/000161600021000140/0001616000-21-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616000/000161600021000140/xhr-20211203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616000-21-000140
- JSON: https://secwatch.observer/filing/0001616000-21-000140.json
- Plain text: https://secwatch.observer/filing/0001616000-21-000140.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.