secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001616000-23-000061
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels Q2 net income $0.12/share; Adj FFO $0.47; RevPAR -2%
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- Net income $13.8M ($0.12/share), down 50% YoY; Adjusted EBITDAre $74.7M, -15.7%.
- Same-Property RevPAR $182.49 (-2.0% YoY) on occupancy 68.6% and ADR $265.98 (-1.8%).
- Same-Property Hotel EBITDA margin 29.3%, down 423 bps from 33.5% in Q2 2022.
- Repurchased 2.5M shares at $12.58 avg for $31.9M; retired $30M of 6.375% Notes.
- Declared Q2 dividend $0.10/share; all debt now fixed or hedged-to-fixed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600023000061/0001616000-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600023000061/xhr-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001616000-23-000061

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