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Xenia Hotels & Resorts Inc (XHR) (Q1 2024) Earnings Call Transcript Highlights: Navigating ... [Yahoo! Finance Canada]

Xenia Hotels & Resorts, Inc. (XHR) 
Last xenia hotels & resorts, inc. earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: xeniareit.com
Adjusted FFO per Share: $0.44, increased by 10% over the previous year. Same-Property RevPAR: Decreased by 1.5% overall; increased by 3.7% excluding Hyatt Regency Scottsdale. Hotel EBITDA: $70.7 million, down 8.5% from 2023. Hotel EBITDA Margin: Decreased by 228 basis points; 14 basis points decrease excluding Hyatt Regency Scottsdale. Group Room Revenues: Increased by 8.1% excluding Hyatt Regency Scottsdale. Capital Expenditure: $33.4 million invested in Q1 2024. Leverage Ratio: 5.2 times trailing 12 months net debt to EBITDA. Stock Repurchase: Approximately $6 million during Q1 2024. Full Year Guidance: Same property RevPAR expected to increase by 3.5% at the midpoint. Release Date: May 03, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Xenia Hotels & Resorts Inc reported a net income of $8.5 million and an adjusted EBITDA of $65.3 million for Q1 2024. Adjusted FFO per share increase Show less Read more
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