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Xenia Hotels & Resorts Reports First Quarter 2021 Results


Xenia Hotels & Resorts Reports First Quarter 2021 Results
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ORLANDO, Fla., May 6, 2021 /PRNewswire/ Xenia Hotels & Resorts, Inc. (NYSE: XHR) ( Xenia or the Company ) today announced results for the quarter ended March 31, 2021.
First Quarter 2021 Highlights
Adjusted EBITDAre: Adjusted EBITDAre was $(3.6) million.
Adjusted FFO per Diluted Share: Adjusted FFO per diluted share was $(0.18).
Same-Property RevPAR: The Company had its entire Same-Property portfolio (34 properties) open and operating during the first quarter. These properties achieved RevPAR of $65.70, as a result of occupancy of 34.8% and an ADR of $188.68.
Same-Property Hotel EBITDA: Same-Property Hotel EBITDA was $95 thousand.
Same-Property Hotel EBITDA Margin: Same-Property Hotel EBITDA Margin was 0.1%. ....

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The Best Places to Work-From-Hotel In Southern California - Sunset Magazine


Ditch your work from home setup and dive into one of these staycations.
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April 6, 2021
Working from home has felt like we’re in a live-action version of Bill Murry’s Groundhog Day, repeating the same thing over and over again. We have all learned to adapt by turning closets into offices and attempting various coffee recipes (whipped was our favorite). With these minor additions, we’ve adjusted to the work-from-home lifestyle, but every now and then we need a breathe of fresh air. Working from home doesn’t have to be the same routine every day with a minor change in scenery. Tune ....

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Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results


Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results
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ORLANDO, Fla., March 1, 2021 /PRNewswire/  Xenia Hotels & Resorts, Inc. (NYSE: XHR) ( Xenia or the Company ) today announced results for the quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Adjusted EBITDAre: Adjusted EBITDAre was $(10.1) million.
Adjusted FFO per Diluted Share: Adjusted FFO per diluted share was $(0.24).
Same-Property RevPAR: The Company had its entire Same-Property portfolio (34 properties) open and operating during the entire fourth quarter. These properties achieved RevPAR of $50.82, as a result of occupancy of 27.8% and an ADR of $182.64.
Transaction Activity: The Company sold four hotels for a total sales price of approximately $391 million. ....

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