Quarterly ResultMay 1, 2026, 04:47 PM
Xenia Hotels Q1 Revenue $295.4M, EPS $0.21; Net Income Up 27%
AI Summary
Xenia Hotels & Resorts reported strong first-quarter results for 2026, with total revenues increasing to $295.4 million and net income attributable to common stockholders rising by 27% to $19.8 million. Diluted earnings per share also saw a significant increase to $0.21. The company strategically reduced its debt by repaying $51.8 million on the Grand Bohemian Hotel Orlando mortgage loan and partially repaying $6.3 million on the Andaz Napa mortgage loan.
Key Highlights
- Total revenues increased to $295.4 million for Q1 2026, up from $288.9 million in Q1 2025.
- Net income attributable to common stockholders rose 27% to $19.8 million in Q1 2026.
- Diluted earnings per share increased to $0.21 for Q1 2026, compared to $0.15 in Q1 2025.
- Operating income grew 16% to $41.6 million for Q1 2026 from $35.9 million in Q1 2025.
- Repaid $51.8 million mortgage loan for Grand Bohemian Hotel Orlando in February 2026.
- Partially repaid $6.3 million mortgage loan for Andaz Napa in March 2026.
- Total debt, net, decreased to $1.36 billion as of March 31, 2026, from $1.42 billion.
- Declared dividends of $0.14 per common share/unit for the quarter.