BMO Raises Xenia Hotels' PT to $16, Maintains Outperform Rating

BMO Raises Xenia Hotels' PT to $16, Maintains Outperform Rating

BMO Financial Group has upgraded Xenia Hotels & Resorts (NYSE: XHR) to a "Buy" rating with a price target of $16, maintaining its "Outperform" rating. The upgrade reflects BMO's positive outlook on the company's recent financial performance and strategic initiatives. Xenia Hotels & Resorts has shown strong earnings growth, with net income increasing by 259.6% year-over-year in the second quarter of 2025 [2].

The company reported a net income of $55.2 million ($0.56 per share) for Q2 2025, driven by a 16.3% increase in Adjusted EBITDAre to $79.5 million and a 9.6% rise in Adjusted FFO per share to $0.57. Same-Property RevPAR grew 4.0% to $195.51, driven by increased occupancy (72.3%) and ADR ($270.42) [2].

BMO's upgrade comes after Xenia Hotels & Resorts announced its third quarter 2025 earnings release and conference call, scheduled for October 31, 2025. The company will release its Q3 2025 earnings before market opening, followed by a conference call at 10:00 am ET. The conference call can be accessed by dialing (833) 470-1428 with access code 140182 [1].

BMO's positive outlook on Xenia Hotels & Resorts is supported by the company's focus on luxury and upper upscale hotels, with a portfolio of 30 hotels and 8,868 rooms across 14 states. The company's strategic initiatives, including the sale of Fairmont Dallas for $111.0 million and the repurchase of nearly 3 million shares for $35.7 million, have contributed to its strong financial performance [2].

References:

[1] https://www.stocktitan.net/news/XHR/
[2] https://www.stocktitan.net/news/XHR/