Xenia Hotels & Resorts, Inc. (XHR) Earnings Call Transcripts

Xenia Hotels & Resorts, Inc.'s Latest Earnings Call - Q1 FY2026

Xenia Hotels & Resorts, Inc. reported strong first quarter 2026 results, with net income of $19.8 million and adjusted EBITDA of $81.4 million, reflecting nearly 12% growth year-over-year. The company raised its full-year adjusted EBITDAre guidance by $6 million to $266 million, driven by robust demand in both group and transient segments. Same-property RevPAR grew 7.4%, with notable performance improvements across various markets, particularly in March. Management remains cautious about geopolitical uncertainties impacting future performance.

Reported metrics

Guidance from management

Management raised full-year adjusted EBITDAre guidance by $6 million to $266 million, reflecting strong Q1 performance. RevPAR is expected to grow between 2.75% and 5.25% for the full year.

What management said

Thanks, Mike. We're still looking through and obviously looking at that on a property basis. Some of these you've been aware of or anticipating for a little while. Some of them are changes that we actually had recommends related to our portfolios. We have -- our portfolio -- we have a couple of large assets that had very low redemption rates. And we look to the increase in category changing that dynamic, but it's rea...

I would also add, these properties, as we've demonstrated over the last couple of years have a lot of levers to pull and in terms of driving food and beverage and ancillary revenues. So we've been able to optimize them over the last couple of years, and we think it speaks well to where the consumer is headed and our ability with these properties to keep driving cash flows in this environment. So we really saw a lot o...

What analysts pressed on

Analysts expressed concerns about the reduced expectations for special events contributing to RevPAR growth, particularly regarding the FIFA World Cup. There is also uncertainty about the impact of geopolitical factors on future performance.

Main topics on the call

• Strong Revenue Growth — The company reported adjusted FFO per share of $0.63, a 23.5% increase compared to Q1 2025, driven by strong demand across its portfolio. Marcel Verbaas stated, "Our portfolio delivered exceptional first quarter performa...
• RevPAR Performance — Same-property RevPAR increased by 7.4%, with occupancy rising 180 basis points and average daily rate up 4.8%. Barry Bloom noted, "Properties achieving double-digit RevPAR growth included Grand Hyatt Scottsdale, with Rev...
• Guidance Increase — Management raised full-year adjusted EBITDAre guidance by $6 million to $266 million, reflecting strong Q1 performance. Atish Shah mentioned, "Our adjusted EBITDAre guidance has increased by $6 million to $266 million at...
• Capital Expenditures — Xenia plans to spend between $70 million and $80 million on property improvements in 2026, with significant renovations completed at key properties. Barry Bloom highlighted, "We completed 2 projects during the first quar...

Read the full Xenia Hotels & Resorts, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 Xenia Hotels & Resorts, Inc. earnings call transcripts on record, spanning February 25, 2020 to July 30, 2026. Based on this history, Xenia Hotels & Resorts, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

XHR

Exchange

NYSE

Country

US

Sector

Real Estate

Industry

Hotel and Resort REITs

Calls on record

26

First call

February 25, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly