Xenia Hotels (XHR) Provides Business Update

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Xenia Hotels & Resorts Provides Business Update

June 3, 2021 4:30 PM EDT

ORLANDO, Fla., June 3, 2021 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today provided an update on its operations and balance sheet.

Operations Update

Hotel Status: All 35 of the Company's hotels and resorts are open and operating, as Hyatt Regency Portland at the Oregon Convention Center recommenced operations on May 24, 2021. Recent Performance: Preliminary approximate results for May 2021 for the Company's Same-Property 34-hotel portfolio were as follows: 50% occupancy, $216 average daily rate, $108 RevPAR. April 2021 Same-Property portfolio results were as follows: 48.9% occupancy, $216.04 average daily rate,... More