Xenia Hotels (XHR) Tops Q4 EPS by 69c, Revenues Beat

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Go back to Xenia Hotels (XHR) Tops Q4 EPS by 69c, Revenues Beat

Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2018 Results, And Provides 2019 Guidance

February 26, 2019 6:30 AM EST

ORLANDO, Fla., Feb. 26, 2019 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Net Income: Net income attributable to common stockholders was $100.0 million, including an $81.2 million gain on sale of investment properties, and net income per diluted share was $0.88. Same-Property RevPAR: Same-Property RevPAR increased 1.6% compared to the fourth quarter of 2017 to $158.70, driven by a 2.5% increase in ADR, offset by a 62 basis point decline in occupancy.... More