Xenia Hotels (XHR) Misses Q3 EPS by 7c

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XENIA HOTELS & RESORTS REPORTS THIRD QUARTER 2022 RESULTS

November 2, 2022 6:30 AM EDT

ORLANDO, Fla., Nov. 2, 2022 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2022.

Third Quarter 2022 Highlights

Net Loss: Net loss attributable to common stockholders was $1.7 million, or $0.01 per shareAdjusted EBITDAre: $53.8 million, increased 52.1% compared to the third quarter of 2021Adjusted FFO per Diluted Share: $0.31, increased $0.18 compared to the third quarter of 2021Same-Property Occupancy: 64.2%, increased 880 basis points compared to the third quarter of 2021 and decreased 1,200 basis points... More