Xenia Q1 net income $6.3M, RevPAR up 23.9%, FFO per share $0.40

Xenia Hotels & Resorts, Inc.

2023-Q1 EPS reported $0.06 revenue$268,973,000

Net income $6.3M ($0.06/sh) vs loss of $5.3M in Q1 2022.
Same-Property RevPAR $179.55, up 23.9% YoY; occupancy up 1000bps to 66.1%.
Adjusted EBITDAre $71.3M, up 42.8%; Adjusted FFO per diluted share $0.40, up 57.6%.
Repurchased 1.9M shares at $14.03 avg; declared $0.10/sh dividend.
Entered $675M new credit facility; extended Andaz Napa loan to Jan 2028.

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 March 31, 2023 results: net income $6.3 million, EPS $0.06 per share.

Period: the quarter ended March 31, 2023
Net income: $6.3 million
EPS: $0.06 per share
Result: reported results

Exact text from the filing

First Quarter 2023 Highlights • Net Income: Net income attributable to common stockholders was $6.3 million, or $0.06 per share

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Source: SEC EDGAR

accession 0001616000-23-000038

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