Xenia Hotels & Resorts remains resilient despite sector headwinds, with steady operations, improved financials, and management favoring share buybacks over new investments. XHR's Q3 2025 results were mixed: modest revenue growth, flat RevPAR, and high interest expense, but healthy liquidity and no near-term debt maturities support stability. Valuation is attractive versus peers, and dividends are growing faster than the sector, but weak demand and high leverage pose risks until macro conditions improve.
Xenia Hotels & Resorts, Inc. ( XHR ) Q3 2025 Earnings Call October 31, 2025 10:00 AM EDT Company Participants Aldo Martinez Marcel Verbaas - Chairman of the Board & CEO Barry Bloom - President & COO Atish Shah - Executive VP, CFO & Treasurer Conference Call Participants Michael Bellisario - Robert W. Baird & Co. Incorporated, Research Division Jackson Armstrong - Wells Fargo Securities, LLC, Research Division Aryeh Klein - BMO Capital Markets Equity Research David Katz - Jefferies LLC, Research Division Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Presentation Operator Hello, and welcome, everyone, to the Xenia Hotels & Resorts Q3 2025 Earnings Conference Call.
Xenia Hotels & Resorts remains a soft ‘buy' despite underperforming the S&P 500, with fundamentals improving and a focused luxury portfolio strategy. XHR has increased revenue and RevPAR while reducing its hotel count, emphasizing upscale markets and strategic renovations to drive future growth. Valuation is attractive on an absolute basis, though mixed relative to peers, and XHR maintains lower leverage than most competitors, providing financial flexibility.
| Hotel & Resort REITs Industry | Real Estate Sector | Marcel Verbaas CEO | XFRA Exchange | US9840171030 ISIN |
| US Country | 46 Employees | 31 Dec 2025 Last Dividend | - Last Split | 4 Feb 2015 IPO Date |
Xenia Hotels & Resorts, Inc. is distinguished as a self-administered and self-advised Real Estate Investment Trust (REIT) focused on investing in a carefully selected portfolio of luxury and upper upscale hotels and resorts. With a strategic emphasis on the top 25 lodging markets and key leisure destinations within the United States, Xenia aims to leverage the unique positioning of its properties to generate superior returns. Operating under the ownership of 32 hotels and resorts, which together comprise 9,511 rooms spread across 14 states, Xenia prides itself on a luxury and upper upscale inventory managed by some of the hospitality industry's leading entities, including Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson.
Xenia's distinct business model revolves around a focused portfolio of services and investments, which include: