Xenia Hotels Q3 2022 net loss $1.7M; adjusted EBITDAre up 52% YoY, dividend reinstated

Xenia Hotels & Resorts, Inc.

2022-Q3 EPS reported $0.18 revenue$734,466,000

Net loss attributable to common stockholders of $1.7M ($0.01/sh), vs loss of $22.2M in Q3 2021.
Adjusted EBITDAre of $53.8M, up 52.1% YoY; Adjusted FFO per share $0.31, up $0.18 YoY.
Same-Property RevPAR $159.06, up 25.9% YoY but down 2.6% vs Q3 2019; ADR up 15.6% vs 2019.
Same-Property Hotel EBITDA margin 24.0%, up 48 bps vs Q3 2019; labor costs pressured margins.
Reinstated quarterly dividend of $0.10 per share, payable to holders of record Sept 30, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Xenia Hotels & Resorts, Inc. reported the quarter ended September 30, 2022 results: net income $1.7 million, EPS $0.01 per share.

Period: the quarter ended September 30, 2022
Net income: $1.7 million
EPS: $0.01 per share
Result: reported results

Exact text from the filing

Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced results for the quarter ended September 30, 2022. Third Quarter 2022 Highlights • Net Loss: Net loss attributable to common stockholders was $1.7 million, or $0.01 per share

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Source: SEC EDGAR

accession 0001616000-22-000108

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