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It was poised to be a dark winter for the hotel industry, which has experienced a "double-dip" in occupancy over the last month amid the "second wave" of the outbreak. Vaccine Hope: The faster-than-expected approval of a coronavirus vaccine has thrown a much-needed lifeline to the str...
High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...
Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...
Xenia Hotels & Resorts (XHR) completed the earlier announced dispositions of the 245-room Hotel Commonwealth in Boston, Massachusetts for $113M (represented an 11.8x multiple on the hotel's 2019 Hotel EBITDA) and the 492-room Renaissance Austin Hotel ...
Xenia Hotels & Resorts Completes Dispositions Of Hotel Commonwealth And Renaissance Austin Hotel Xenia Hotels & Resorts Completes Dispositions Of Hotel Commonwealth And Renaissance Austin Hotel PR Newswire ORLANDO, Fla., Nov. 24, 2020 ORLANDO, Fla. , ...
Gainers: Marathon Patent Group (MARA) +10%. Safehold (SAFE) +10%. Fortress Value Acquisition (FVAC) +9%. eXp World Holdings (EXPI) +9%. Noah Holdings (NOAH) +7%.Losers: Ashford Hospitality Trust (AHT) -21%. Oxbridge Re Holdings (OXBR) -12%. Summit Hotel Properties (INN) -12%. InnSuites Hospit...
U.S. equity markets plunged by the most since March this week as a strong slate of economic data and corporate earnings was overwhelmed by pre-election jitters and amplified coronavirus concerns. A cascading wave of lockdowns across Europe rattled global equity markets while narrowing...
Image source: The Motley Fool. Xenia Hotels and Resorts (NYSE: XHR) Q3 2020 Earnings Call Oct 30, 2020 , 1:00 p.m. ET Operator Continue reading For further details see: Xenia Hotels and Resorts (XHR) Q3 2020 Earnings Call Transcript
Xenia Hotels & Resorts, Inc. Q3 2020 Earnings Conference Call October 30, 2020 13:00 ET Company Participants Lisa Ramey - Vice President, Finance Marcel Verbaas - Chairman & Chief Executive Officer Barry Bloom - President & Chief Operating Officer Atish Shah - Executive Vice Presi...
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...
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Xenia Hotels & Resorts Completes Disposition of Lorien Hotel & Spa Xenia Hotels & Resorts Completes Disposition of Lorien Hotel & Spa PR Newswire ORLANDO, Fla. , July 9, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia...
Xenia Hotels & Resorts Announces Timing of Second Quarter 2024 Earnings Release and Conference Call Xenia Hotels & Resorts Announces Timing of Second Quarter 2024 Earnings Release and Conference Call PR Newswire ORLANDO, Fla. , June 13, 2024 /PRNewswi...
Xenia Hotels & Resorts Declares Dividend For Second Quarter 2024 Xenia Hotels & Resorts Declares Dividend For Second Quarter 2024 PR Newswire ORLANDO, Fla. , May 16, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Co...