Xenia Hotels & Resorts Reports Third Quarter 2026 Results
Key Highlights
- ➤Adjusted EBITDAre $53.2 million, increased 26.0% year over year
- ➤Adjusted FFO per diluted share $0.36, increased 56.5% year over year
- ➤Same-Property RevPAR $184.75, increased 12.5% year over year
- ➤Full-year Adjusted EBITDAre guidance midpoint raised $8 million to $275.5 million
- ➤Full-year Adjusted FFO per share guidance midpoint raised $0.09 to $2.11
Expert Statements
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“Our third quarter results significantly surpassed our expectations, as strong broad-based group and corporate transient demand coupled with an incremental increase in leisure demand from several large events drove substantial increases in Same-Property RevPAR, Same-Property Total RevPAR and Same-Property Hotel EBITDA compared to the same period last year.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“Robust top-line performance, driven by Same-Property ADR growth of 6.4% and an increase of 380 basis points in Same-Property Occupancy, combined with disciplined expense management, resulted in margin growth of 295 basis points.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“Very strong RevPAR growth at our properties in Philadelphia, New Orleans, San Diego, Santa Clara, Pittsburgh, Houston, Key West and Orlando led the way in the third quarter.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“Performance exceeded our projections throughout our portfolio, driven by continued strengthening of transient demand in addition to significant growth in group demand compared to the third quarter of 2025.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“Reflecting our continued emphasis on margin improvement and earnings growth, Adjusted EBITDAre and Adjusted FFO per share increased 26.0% and 56.5%, respectively, compared to the same period last year.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“The revenue growth we saw in the first three quarters of the year has continued into October, as we estimate Same-Property RevPAR was up approximately 8% compared to October 2025.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“As a result of our significant third quarter and October outperformance compared to our prior expectations, as well as continued confidence in the strength of demand for the remainder of the year, we have raised our outlook for full year 2026 meaningfully.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“We have increased the midpoint of our full year 2026 guidance for Adjusted EBITDAre by $8 million and Adjusted FFO per share by $0.09 compared to prior guidance.”
Marcel Verbaas, Chairman and Chief Executive Officer of Xenia Hotels & Resorts
“We continue to believe our high-quality and well-located portfolio is well-positioned for future growth as we expect lodging demand for higher-end hotels and resorts to continue to be strong while supply growth remains limited for the foreseeable future.”
Xenia Hotels & Resorts Reports Third Quarter 2026 Results PR Newswire
ORLANDO, Fla., Nov. 3, 2026 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2026.
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