secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001616000-24-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Q1 net income $8.5M, Adj EBITDAre $65.3M; RevPAR excl. renovation up 3.7%
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- Net income $8.5M ($0.08/share), up 35.9% YoY; Adj FFO per diluted share $0.44, up 10%.
- Same-Property RevPAR $176.86 (-1.5% YoY); excluding Hyatt Regency Scottsdale renovation, RevPAR grew 3.7%.
- Adjusted EBITDAre $65.3M, down 8.5% YoY; company maintains midpoint of full-year Adj EBITDAre guidance.
- Repurchased 468,107 shares at avg $13.51 for $6.3M; declared Q1 dividend $0.12/share.
- CEO cites strong group demand recovery, stabilizing leisure; Grand Hyatt Scottsdale renovation on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600024000040/0001616000-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600024000040/xhr-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001616000-24-000040

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