XHR - Xenia Hotels FFO of $0.40 beats by $0.03 revenue of $268.97M beats by $8.07M

2023-05-02 16:43:25 ET

• Xenia Hotels press release ( NYSE: XHR ): Q1 FFO of $0.40 beats by $0.03 .
• Revenue of $268.97M (+27.9% Y/Y) beats by $8.07M .
• Same-Property Occupancy: 66.1%, increased 1,000 basis points compared to the first quarter of 2022
• Same-Property ADR: $271.80, increased 5.2% compared to the first quarter of 2022
• Same-Property RevPAR: $179.55, increased 23.9% compared to the first quarter of 2022
• Same-Property Hotel Net Income: $40.8 million, increased 85.0% compared to the first quarter of 2022
• Same-Property Hotel EBITDA: $77.2 million, increased 33.6% compared to the first quarter of 2022
• Same-Property Hotel EBITDA Margin: 28.7%, increased 167 basis points compared to the first quarter of 2022.

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