XHR News and Press, Xenia Hotels & Resorts Inc. From 10/30/20

Xenia Hotels (XHR): Q3 FFO of -$0.27 beats by $0.09.Revenue of $63.95M (-76.2% Y/Y) misses by $0.19M.As of Oct. 30, 2020, 36 of the company's 37 hotels and resorts are open and operating, representing ~95% of the total room count; occupancy of ~33% and an ADR of ~$189, resulting in RevPA...

Xenia Hotels & Resorts Reports Third Quarter 2020 Results Xenia Hotels & Resorts Reports Third Quarter 2020 Results PR Newswire ORLANDO, Fla., Oct. 30, 2020 ORLANDO, Fla. , Oct. 30, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE:...

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Morgan Stanley analyst Thomas Allen upgrades hotel REITs Xenia Hotel & Resorts ([[XHR]] -4.0%) and DiamondRock Hospitality ([[DRH]] -1.3%) to Equal-Weight from Underweight, as he sees potential for some upside on travel after a successful vaccine announcement.The stock market impact of th...

U.S. equity markets finished flat this week as better-than-expected economic data and earnings results were offset by a continued fiscal stalemate and pressure on technology stocks amid a censorship controversy. The S&P 500 managed to eke out a 0.1% gain this week. The Nasdaq 100 ...

Xenia Hotels & Resorts' (XHR) operating partnership XHR, priced its upsized offering of $200M (earlier $150M) principal amount of 6.375% senior secured notes due 2025 at a price equal to 100.25% of face value.Offer expected to close on Oct. 20, 2020.Notes will pay interest ...

Xenia Hotels & Resorts Announces Upsizing And Pricing Of Senior Secured Notes Xenia Hotels & Resorts Announces Upsizing And Pricing Of Senior Secured Notes PR Newswire ORLANDO, Fla., Oct. 14, 2020 ORLANDO, Fla. , Oct. 14, 2020 /PRNewswire/ -- ...

XHR LP, an operating partnership of Xenia Hotels & Resorts (XHR) to issue $150M of its additional 6.375% senior secured notes due 2025.The Issuer intends to use the net proceeds to repay borrowings under credit facilities and for general corporate purposes.Shares down 0.80% ...

Xenia Hotels & Resorts Announces Proposed Offering of Senior Secured Notes Xenia Hotels & Resorts Announces Proposed Offering of Senior Secured Notes PR Newswire ORLANDO, Fla., Oct. 14, 2020 ORLANDO, Fla. , Oct. 14, 2020 /PRNewswire/ -- Xenia ...

Xenia Hotels & Resorts ([[XHR]] -0.7%) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M or ~$486,500/key.Transaction generated ~$46M in net proceeds; to be utilized to repay borrowings under the company's credit facilities and for general ...