News
XHR
--
0.00%
--
Reflecting on Xenia Hotels & Resorts' (NYSE:XHR) Share Price Returns Over The Last Three Years
Xenia Hotels & Resorts, Inc. (NYSE:XHR) shareholders will doubtless be very grateful to see the share price up 71% in...
Simply Wall St. · 2d ago
Xenia Hotels & Resorts disposes two hotel properties
Xenia Hotels & Resorts (XHR) completed the earlier announced dispositions of the 245-room Hotel Commonwealth in Boston, Massachusetts for $113M (represented an 11.8x multiple on the hotel's 2019 Hotel EBITDA) and the 492-room Renaissance Austin Hotel in Austin, Texas for
Seekingalpha · 11/24 21:38
Xenia Hotels & Resorts Completes Dispositions Of Hotel Commonwealth And Renaissance Austin Hotel
, /PRNewswire/ --Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has completed the previously announced dispositions of the 245-room Hotel Commonwealth in for , or approximately per key, and the 492-room Renaissance Austin Hotel in for , or approximately per key. In addition to the sale proceeds, the Company retained a total of in cash that was held in the properties' FF&E reserves.
PR Newswire - PRF · 11/24 21:30
Xenia Hotels & Resorts Completes Dispositions Of Hotel Commonwealth And Renaissance Austin Hotel
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has completed the previously announced dispositions of the 245-room Hotel Commonwealth in Boston, Massachusetts for $113.0 million, or approximately $461,000 per key, and the 492-room Renaissance Austin Hotel in Austin, Texas for $70.0 million, or approximately $142,000 per key. In addition to the sale proceeds, the Company retained a total of $6.6 million in cash that was held in the properties' FF&E; reserves.
PR Newswire · 11/24 21:30
Wells Fargo Maintains Equal-Weight on Xenia Hotels & Resorts, Raises Price Target to $12.5
Wells Fargo maintains Xenia Hotels & Resorts (NYSE:XHR) with a Equal-Weight and raises the price target from $9.25 to $12.5.
Benzinga · 11/16 17:09
Xenia Hotels & Resorts, Inc.to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / October 30, 2020/ Xenia Hotels & Resorts, Inc. (XHR) (NYSE:XHR) will be discussing their earnings results in their call to be held on October 30, 2020 at 1:00 PM Eastern Time.
ACCESSWIRE · 10/30 15:00
Xenia Hotels & Resorts Reports Third Quarter 2020 Results
, /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2020. 
PR Newswire - PRF · 10/30 10:30
Morgan Stanley upgrades Xenia, DiamondRock ahead of election, vaccine news
Morgan Stanley analyst Thomas Allen upgrades hotel REITs Xenia Hotel & Resorts ([[XHR]] -4.0%) and DiamondRock Hospitality ([[DRH]] -1.3%) to Equal-Weight from Underweight, as he sees potential for some upside
Seekingalpha · 10/27 16:56
REITs Hit As Earnings Loom
U.S. equity markets finished flat this week as better-than-expected economic data and earnings results were offset by a continued fiscal stalemate and pressure on technology stocks amid a censorship controversy.The S&P 500 managed to eke out a 0.1% gain this week. The Nasdaq 100 ended the week on a four-day skid as Twitter and Facebook face Congressional subpoenas.Coming off its best two-week gain since April, a sharp sell-off among COVID-sensitive property sectors sent Equity REITs lower by 2.7% with 17 of 18 property sectors in negative territory.Retail sales were far stronger than expected in September, gaining for the fifth month in a row and setting new record highs. Retail sales are now higher by 5.4% from last year, led by the e-commerce and home improvement categories.While retail sales and housing data have exhibited continued strength, the employment recovery has shown signs of losing steam in recent weeks with Initial Jobless Claims coming in above estimates.
Seekingalpha · 10/17 13:00
Xenia Hotels & Resorts Announces Upsizing And Pricing Of Senior Secured Notes
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its operating partnership, XHR LP (the "Issuer"), has successfully priced its offering of $200 million aggregate principal amount of 6.375% senior secured notes due 2025 (the "Notes") at a price equal to 100.25% of face value. The offering is expected to close on October 20, 2020, subject to customary closing conditions. The Notes, which will pay interest semi-annually, have a fixed annual interest rate of 6.375% and will mature on August 15, 2025. The Notes will be senior secured obligations of the Issuer and will be fully and unconditionally guaranteed by the Company and certain of the Issuer's subsidiaries that incur or guarantee the credit facilities or certain other indebtedness of the Issuer, subject to the terms of the indenture governing the Notes.
PR Newswire · 10/14 21:30
Xenia Hotels & Resorts prices upsized offering
Xenia Hotels & Resorts' (XHR) operating partnership XHR, priced its upsized offering of $200M (earlier $150M) principal amount of 6.375% senior secured notes due 2025 at a price equal to 100.25% of face
Seekingalpha · 10/14 20:49
Xenia Hotels & Resorts Announces Upsizing And Pricing Of Senior Secured Notes
, /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its operating partnership, XHR LP (the "Issuer"), has successfully priced its offering of aggregate principal amount of 6.375% senior secured notes due 2025 (the "Notes") at a price equal to 100.25% of face value.  The offering is expected to close on , subject to customary closing conditions.  The Notes, which will pay interest semi-annually, have a fixed annual interest rate of 6.375% and will mature on , 2025.  The Notes will be senior secured obligations of the Issuer and will be fully and unconditionally guaranteed by the Company and certain of the Issuer's subsidiaries that incur or guarantee the credit facilities or certain other indebtedness of the Issuer, subject to the terms of the indenture governing the Notes. 
PR Newswire - PRF · 10/14 20:30
Xenia Hotels says 37 of 38 hotels and resorts are open
Xenia Hotels & Resorts Inc. undefined offered an update of its business Wednesday during the pandemic, while also announcing new amendments to some of its...
MarketWatch · 10/14 13:05
Xenia Hotels & Resorts launches additional 6.375% debt offering
XHR LP, an operating partnership of Xenia Hotels & Resorts (XHR) to issue $150M of its additional 6.375% senior secured notes due 2025.The Issuer intends to use the net proceeds to
Seekingalpha · 10/14 11:49
Xenia Hotels & Resorts Provides Business Update
, /PRNewswire/ --Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today provided an update on its recently amended credit facilities, hotel operations, and liquidity.
PR Newswire - PRF · 10/14 11:45
Xenia Hotels & Resorts Announces Proposed Offering of Senior Secured Notes
, /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced that its operating partnership, XHR LP (the "Issuer"), intends to offer, subject to market conditions and other factors, aggregate principal amount of its 6.375% senior secured notes due 2025 (the "Notes"). The Notes will be senior secured obligations of the Issuer and will be fully and unconditionally guaranteed by the Company and certain of the Issuer's subsidiaries that incur or guarantee the credit facilities or certain other indebtedness of the Issuer.  The Issuer intends to use the net proceeds of the offering to repay borrowings under certain of the Company's credit facilities and for general corporate purposes.
PR Newswire - PRF · 10/14 11:45
Xenia Hotels & Resorts offloads its last select service asset
Xenia Hotels & Resorts ([[XHR]] -0.7%) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M or ~$486,500/key.Transaction generated ~$46M in net proceeds; to be utilized to repay borrowings under
Seekingalpha · 10/12 14:45
Xenia Sells Its Last Select Service Asset For $108M
Xenia Hotels & Resorts has sold its 221-room Residence Inn Boston Cambridge hotel in Cambridge, Massachusetts for $107.5 million. This transaction marks the sale of the only remaining select service asset in the company’s portfolio.The sale price represents an 11.6x multiple and a 7.8% capitalization
SmarterAnalyst · 10/04 05:29
Xenia Hotels & Resorts sells select service asset for $107.5M
Xenia Hotels & Resorts (XHR) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M, or ~$486,500/key.Sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel
Seekingalpha · 10/01 21:02
Hotel REITs: Winter's Coming
"No vacancy" becomes "no occupancy." Hotel REITs - along with the global leisure and tourism industry - have been decimated by the coronavirus pandemic, plunging more than 50% this year.Following a record year for the industry in 2019, hotels REITs reported occupancy rates below 20% in Q2. Occupancy has recovered to roughly 45% by late summer, but winter is coming.Every hotel REIT has slashed its dividend in an effort to stay afloat, as 40-50% occupancy is needed to "keep the lights on." Suburban-focused and leisure-oriented properties have outperformed urban hotels.Perhaps a more "pure play" on the success of a vaccine than even the pharmaceuticals themselves, a significant "second-wave" of the pandemic would be likely catastrophic for equity holders.While leisure demand should bounce back relatively quickly when the pandemic subsides, business and group demand may take up to a half-decade or longer to fully recover.
Seekingalpha · 09/30 13:00
Webull provides a variety of real-time XHR stock news. You can receive the latest news about Xenia through multiple platforms. This information may help you make smarter investment decisions.
About XHR
Xenia Hotels & Resorts, Inc. (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on various markets, as well as leisure destinations in the United States. The Company owns approximately 35 hotels comprising 10,012 rooms, across 15 states and the District of Columbia. The Company's hotels are primarily operated and/or licensed by Marriott, Kimpton, Hyatt, The Kessler Collection, Fairmont, Hilton and Loews, as well as independent management companies. The Company's portfolio includes Andaz Napa, Andaz San Diego, Andaz Savannah, Bohemian Hotel Celebration (an Autograph Collection Hotel), Fairmont Dallas, Hyatt Regency Santa Clara, the Ritz-Carlton and Bohemian Hotel Savannah Riverfront (an Autograph Collection Hotel).
More