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Stock impact report

Xenia Hotels & Resorts Reports Third Quarter 2021 Results

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
Company Research Source: PR Newswire
ORLANDO, Fla., Nov. 2, 2021 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2021.Third Quarter 2021 HighlightsNet Loss: Net loss attributable to common stockholders was $22.2 million, or $0.20 per share. Adjusted EBITDAre: $35.4 million Adjusted FFO per Diluted Share: $0.13 Liquidity: Over $1 billion consisting of $517 million of cash and cash equivalents, and full availability on the revolving credit facility. Same-Property RevPAR: $123.70, a decline of 23.1% versus the third quarter of 2019, as a result of occupancy of 55.1% and ADR of $224.54. Same-Property Hotel EBITDA: $40.3 million Same-Property Hotel EBITDA Margin: 23.8%, a 44 bps improvement over the third quarter of 2019."The third quarter started with strong operating performance in July, with Same-Property occupancy, ADR and RevPAR reaching the highest levels since the beginning of the pandemic," commented Marcel Verbaas, Chairma Show less Read more
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