Xenia Hotels & Resorts Expects 2025 Adjusted FFO Range of $1.50 - $1.75 per Share

Xenia Hotels & Resorts expects adjusted FFO for 2025 to be in the range of $1.50 to $1.75 per share, beating the FactSet estimate of $1.46. The company owns 31 hotels with 9,408 rooms across 14 states, operated by Marriott, Hyatt, Kimpton, and other brands. Xenia Hotels & Resorts focuses on luxury and upper-upscale hotels in top 25 lodging markets and leisure destinations in the US.

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Xenia Hotels & Resorts, Inc. (NYSE: XHR) announced robust financial results for the first quarter of 2025, with significant improvements in key performance indicators. The company reported net income of $15.6 million, or $0.15 per share, representing an 82.6% increase compared to the same period in 2024 [1].

Adjusted EBITDAre increased by 11.8% to $72.9 million, while adjusted FFO per diluted share surged by 15.9% to $0.51. Same-Property Occupancy rose to 69.3%, up 180 basis points from the first quarter of 2024. The company also reported a 6.3% increase in Same-Property RevPAR to $188.73. Additionally, Same-Property Hotel EBITDA grew by 10.5% to $79.3 million, with a margin of 27.4% [1].

The company's acquisition of the fee simple interest in the land underlying Hyatt Regency Santa Clara for $25 million and the sale of Fairmont Dallas for $111 million further bolstered its financial position. The company repurchased 2,733,149 shares of common stock at a weighted-average price of $13.09 per share for a total consideration of approximately $35.8 million [1].

Marcel Verbaas, Chair and Chief Executive Officer of Xenia, noted, "Our portfolio performance in the first quarter exceeded expectations and led to nearly 12% growth in Adjusted EBITDAre and nearly 16% growth in Adjusted FFO per share, as compared to the same period in 2024. One-third of our assets achieved double-digit percentage RevPAR growth led by the newly transformed Grand Hyatt Scottsdale Resort which continues to ramp up as expected. Positive top-line performance continued into April, with RevPAR estimated to have increased approximately 3.4%, as compared to April of last year" [1].

Looking ahead, Xenia expects adjusted FFO for 2025 to be in the range of $1.50 to $1.75 per share, beating the FactSet estimate of $1.46. The company owns 31 hotels with 9,408 rooms across 14 states, operated by Marriott, Hyatt, Kimpton, and other brands. Xenia focuses on luxury and upper-upscale hotels in top 25 lodging markets and leisure destinations in the US [1].

References:
[1] https://www.marketscreener.com/quote/stock/XENIA-HOTELS-RESORTS-INC-20798727/news/Xenia-Hotels-Resorts-Reports-First-Quarter-2025-Results-49802023/

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