Quarterly ResultJul 30, 2026, 04:38 PM
Xenia Hotels Q2 Net Loss $19.3M; Revenue Up 2.7%
AI Summary
Xenia Hotels & Resorts reported a net loss of $19.3 million for Q2 2026, a significant decline from a $55.2 million net income in Q2 2025, primarily due to a $38.8 million impairment loss on the Kimpton RiverPlace Hotel. Despite the loss, total revenues increased by 2.7% to $295.5 million for the quarter. For the six months ended June 30, 2026, the company recorded a net income of $0.4 million, down from $70.7 million in the prior year period.
Key Highlights
- Q2 2026 net loss attributable to common stockholders was $19.3 million.
- Q2 2026 total revenues increased 2.7% to $295.5 million.
- Impairment loss of $38.8 million recorded on Kimpton RiverPlace Hotel.
- Basic and diluted EPS for Q2 2026 was $(0.21).
- Total debt decreased to $1.36 billion as of June 30, 2026.
- Net cash provided by operating activities was $96.5 million for H1 2026.
- Cash and cash equivalents stood at $112.4 million as of June 30, 2026.
Price Impact
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