Xenia Hotels (XHR) Reports Q4 FFO of $0.25

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Xenia Hotels (XHR) Announces Agreement To Acquire W Nashville

March 1, 2022 6:32 AM EST

Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has agreed to acquire the 346-key W Nashville for a purchase price of $328.7 million or $950,000 per key.

"We are thrilled to have reached an agreement to acquire W Nashville, an outstanding newly constructed luxury lifestyle hotel located in the desirable Gulch neighborhood in the heart of Nashville," commented Marcel Verbaas, Xenia's Chairman and Chief Executive Officer. "The addition of W Nashville will mark the 14th property acquired since our listing on the NYSE in 2015 and aligns perfectly with our... More