Xenia Hotels Reports Q2 2026 Earnings with Strong RevPAR Growth
Xenia Hotels (XHR) posted strong performance in the second quarter of 2026, driven by a 5.6% year-over-year increase in same-property RevPAR to $206.54 and an ADR rise of 5.7%. Adjusted EBITDAre reached $78.1 million for the quarter, exceeding expectations. The company also reported adjusted FFO per share at $0.61, a 7% increase year-over-year due in part to prior buybacks reducing the share count. Despite these gains, Xenia recorded a GAAP net loss of $19.3 million primarily from an impairment charge related to the sale of its Kimpton RiverPlace Hotel for $11 million at a 2% cap rate. The company raised full-year EBITDAre guidance by $7 million and increased RevPAR growth expectations by 150 basis points, citing strong group booking pace and performance in markets like Philadelphia (up 22%) and Phoenix. Xenia's liquidity position remains robust at $612 million with a leverage ratio of 4.8 times net debt to EBITDA.
Tickers: $XHR