Xenia Hotels (XHR) Misses Q3 EPS by 22c, Revenues Beat
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Xenia Hotels & Resorts Reports Third Quarter 2020 Results
October 30, 2020 6:30 AM EDTORLANDO, Fla., Oct. 30, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2020.Â
Company Highlights
36 of the Company's 37 hotels and resorts are open and operating, representing approximately 95% of the Company's total room count, as of October 30, 2020. Currently the Company has approximately $600 million of liquidity, including cash and cash equivalents and availability under its revolving credit facility. The Company's estimate of average monthly recurring net cash expenses has been reduced to approximately $14.5... More