Xenia Hotels & Resorts Reports Q2 2026 Results with Mixed Performance
Xenia Hotels & Resorts, Inc. (NYSE: XHR) reported its second-quarter results for 2026 on July 30, showing a net loss of $19.3 million compared to a net income of $55.2 million in the same period last year. The company attributed this decline primarily to challenging comparisons with Q2 2025 and ongoing operational costs. Despite the net loss, Xenia showed improvement in several key performance metrics including Adjusted EBITDAre at $78.1 million (down slightly by 1.8%) and a significant increase of 7% in Adjusted FFO per diluted share to $0.61. Same-property occupancy remained stable at 72.3%, while average daily rate (ADR) rose by 5.7%. The company also declared a quarterly dividend of $0.14 per share. Looking ahead, management expressed optimism about the portfolio's performance and future growth potential due to strategic investments in high-quality properties like Grand Hyatt Scottsdale Resort.
Tickers: $XHR
Topics: financial performance hotel industry real estate investment trusts (REITs)