secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001616000-22-000028
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels & Resorts agrees to acquire W Nashville for $328.7M; reports Q4 net loss of $22.9M
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- Net loss of $22.9M ($0.20/share) in Q4; Same-Property RevPAR $136.01, down 17.5% vs Q4 2019.
- Full-year 2021 net loss $143.5M; Adjusted EBITDAre $108.1M; RevPAR down 36.3% vs 2019.
- Agreed to acquire W Nashville for $328.7M (~$950k/key); expected close by Q1 2022.
- Expects W Nashville to generate $25-30M Hotel EBITDA upon stabilization.
- Also sold two hotels: Marriott Charleston ($5M) and Kimpton Monaco Chicago ($36M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000028/0001616000-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000028/xenia20218-k.htm
  HTML page:      https://secwatch.observer/filing/0001616000-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer