Xenia Hotels & Resorts, Inc. Earnings Recaps
Q2 2026
Aug 4, 2026
Shares dropped 5.7% following earnings as investors reacted negatively to margin compression and cautious near-term demand outlook, despite modest revenue growth and stable operating metrics. Key Takeaways:
Key takeaways
- Same-property RevPAR rose 5.6% year-over-year, driven entirely by rate growth with occupancy flat.
- Adjusted EBITDAre reached $78.1 million, slightly above prior expectations, with adjusted FFO per share up 7% from last year at $0.61.
- Food and beverage revenue growth was modest due to subdued group demand and tough prior-year comparisons.
- Hotel EBITDA margins declined 65 basis points to 28.7%, pressured by lapping prior real estate tax refunds and higher costs linked to food and beverage repositioning.
- The sale of the Kimpton RiverPlace Hotel at a low price point reflects potential challenges in certain segments.