secwatch.observer — SEC 8-K summary
======================================

Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001616000-22-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels Q1 net loss $5.3M (-$0.05/sh); Adj FFO $0.25; RevPAR -19.5% vs 2019; acquires W Nashville
--------------------------------------------------------------------------------

- Net loss $5.3M, or -$0.05 per share; Adjusted EBITDAre $49.9M; Adjusted FFO $0.25/diluted share.
- Same-Property RevPAR $149.60 (up 119.6% YoY, down 19.5% vs Q1 2019); ADR $258.12 (+34.4% YoY, +7.3% vs 2019); Occupancy 58.0%.
- Acquired 346-room W Nashville for $328.7M in March; sold 191-room Kimpton Hotel Monaco Chicago for $36M in January.
- Paid off $65M mortgage on The Ritz-Carlton, Pentagon City in January.
- April preliminary: Same-Property occupancy ~72%, ADR ~$280, RevPAR ~$202, first month above April 2019 RevPAR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000070/0001616000-22-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000070/xhr-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001616000-22-000070

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