secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001616000-22-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels reports Q2 net income of $27.6M; same-property RevPAR exceeds 2019 by 2%
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- Net income $27.6M ($0.24/sh) vs loss of $42M in Q2 2021; adjusted FFO $0.57/sh vs $0.08.
- Same-property RevPAR $186.75, up 64.4% YoY and 2.0% vs Q2 2019; occupancy 69.8%.
- Same-property Hotel EBITDA $86.5M, up 15% vs Q2 2019; margin 33.5%, up 365 bps vs Q2 2019.
- July same-property RevPAR ~$157, 4% below July 2019; ADR up 18% vs July 2019.
- Exited covenant waiver period; met modified financial covenants for Q2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000103/0001616000-22-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600022000103/xhr-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001616000-22-000103

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