earnings
confidence high
sentiment negative
materiality 0.60
Xenia Hotels Q3 net loss $7.1M; Adj. EBITDAre down 4.4% to $44.3M
Xenia Hotels & Resorts, Inc.
2024-Q3 EPS reported
$0.16
revenue$777,198,000
- Net loss attributable to common stockholders $7.1M ($0.07 per share) vs. loss $8.5M year ago.
- Adjusted EBITDAre $44.3M, down 4.4%; Adjusted FFO per diluted share $0.25, down 3.8%.
- Same-property occupancy 67.0% (+320 bps), ADR $240.72 (-3.3%), RevPAR $161.20 (+1.5%).
- Sold Lorien Hotel & Spa (107 rooms) for $30M; repurchased 146,863 shares at $12.78 avg price.
- Renovation disruption at Grand Hyatt Scottsdale ~$3M more than expected; property relaunched Nov 1.