Xenia Hotels Q1 profit rises on higher occupancy, rates; lifts FY forecast

Xenia Hotels & Resorts

01/05/2026 11:46

Overview

U.S. hotel REIT's Q1 net income rose 27% yr/yr, driven by higher occupancy and ADR

Adjusted FFO per share grew 23.5% yr/yr, reflecting margin and RevPAR gains

Company paid off $52 mln mortgage loan and kept quarterly dividend at $0.14 per share

Outlook

Xenia Hotels raised 2026 net income guidance to $24 mln-$40 mln from $21 mln-$41 mln

Company now sees 2026 Same-Property RevPAR growth of 2.75%-5.25%, up from 1.5%-4.5%

Xenia expects 2026 Adjusted EBITDAre of $258 mln-$274 mln, up from $250 mln-$270 mln

Result Drivers

GROUP AND TRANSIENT DEMAND - Co said increased group and transient demand across its portfolio drove RevPAR growth, with March being a standout month

ADR GROWTH - Higher average daily rates contributed to favorable top-line performance and RevPAR gains

EXPENSE MANAGEMENT - Margin improvement attributed to solid expense management, according to CEO Marcel Verbaas

Company press release: ID:nPn3d0C8na

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.21
Q1 Net Income
$19.77 mln
Q1 Adjusted FFO
$60.55 mln
Q1 Adjusted FFO Per Share
$0.63
Q1 Dividend
$0.14


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "hold."

Wall Street's median 12-month price target for Xenia Hotels & Resorts Inc is $16.00, about 1.7% below its April 30 closing price of $16.27

The stock recently traded at 53 times the next 12-month earnings vs. a P/E of 80 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)