secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001616000-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600023000038/0001616000-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600023000038/xhr-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001616000-23-000038

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