Xenia Hotels & Resorts Reports 82.6% Surge in Net Income; Adjusted EBITDAre Climbs 11.8% in Q1 2025

Reuters
05-02
Xenia Hotels & Resorts Reports 82.6% Surge in Net Income; Adjusted EBITDAre Climbs 11.8% in Q1 2025

Xenia Hotels & Resorts, Inc. reported its first quarter 2025 financial results, highlighting a net income attributable to common stockholders of $15.6 million, or $0.15 per share, marking an 82.6% increase from the same period in 2024. Adjusted EBITDAre rose by 11.8% to $72.9 million, while Adjusted FFO per diluted share increased by 15.9% to $0.51. The company's same-property occupancy improved to 69.3%, an increase of 180 basis points compared to the first quarter of 2024, and same-property average daily rate $(ADR.AU)$ was up by 3.6% to $272.41. Additionally, same-property revenue per available room (RevPAR) increased by 6.3% to $188.73. Significant business updates include a 17% increase in the first quarter dividend to $0.14 per share and the repurchase of 2.7% of outstanding shares, totaling approximately $35.8 million. Despite the strong first-quarter performance, the company has adjusted its expectations for full-year revenue and earnings growth due to macroeconomic uncertainties. Xenia completed two transactions to enhance its portfolio and plans to reduce general and administrative expenses as well as capital expenditures while maintaining a disciplined approach to property-level expense management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xenia Hotels & Resorts Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL78219) on May 02, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10