Xenia Hotels (XHR) Reports In-Line Q1 EPS, Revenues Beat
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Xenia Hotels & Resorts Reports First Quarter 2019 Results
May 2, 2019 6:31 AM EDTORLANDO, Fla., May 2, 2019 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended March 31, 2019.
First Quarter 2019 Highlights
Net Income: Net income attributable to common stockholders was $16.7 million and net income per diluted share was $0.15. Same-Property RevPAR: Same-Property RevPAR increased 4.2% compared to the first quarter of 2018 to $170.28, as a result of a 97 basis point increase in occupancy and a 2.9% increase in ADR. Same-Property Hotel EBITDA Margin: Same-Property Hotel EBITDA Margin was 28.9%, an increase of 131... More