secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001616000-24-000071
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels Q2 net income $15.3M, adjusted FFO per share $0.52, RevPAR up 1.8%
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- Net income $15.3M ($0.15/share), up 11.2% YoY; Adjusted EBITDAre $68.4M, down 8.4%.
- Same-Property RevPAR $185.69 (+1.8% YoY); occupancy +240bps to 71.0%, ADR -1.7% to $261.53.
- Excluding Hyatt Regency Scottsdale renovation, Same-Property RevPAR grew 5.0% and Hotel EBITDA +1.2%.
- Adjusted FFO per diluted share $0.52, up 10.6% YoY; quarterly dividend declared $0.12 per share.
- Lowered full-year Adjusted EBITDAre guidance midpoint due to softer leisure demand and expense pressure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000161600024000071/0001616000-24-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000161600024000071/xhr-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001616000-24-000071

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