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Xenia Hotels & Resorts Inc (XHR.N)

XHR.N on New York Stock Exchange

22.62USD
17 Jan 2018
Change (% chg)

$0.64 (+2.91%)
Prev Close
$21.98
Open
$22.10
Day's High
$22.62
Day's Low
$22.03
Volume
134,761
Avg. Vol
167,715
52-wk High
$22.76
52-wk Low
$16.23

Latest Key Developments (Source: Significant Developments)

Xenia Hotels & Resorts Upsizes Credit Facility
Friday, 12 Jan 2018 06:50am EST 

Jan 12 (Reuters) - Xenia Hotels & Resorts Inc ::XENIA HOTELS & RESORTS UPSIZES CREDIT FACILITY, REPRICES TERM LOAN, AND OBTAINS NEW MORTGAGE LOAN.XENIA HOTELS & RESORTS INC - CREDIT FACILITY WAS UPSIZED TO $500 MILLION FROM $400 MILLION.XENIA HOTELS & RESORTS INC - REPRICED ITS $125 MILLION TERM LOAN MATURING IN OCTOBER 2022 AND OBTAINED A NEW $65 MILLION MORTGAGE LOAN.XENIA HOTELS & RESORTS INC - NEW $65 MILLION MORTGAGE BEARS AN INTEREST RATE OF LIBOR PLUS 210 BASIS POINTS AND MATURES IN JANUARY 2025.XENIA HOTELS & RESORTS - UPSIZED CREDIT FACILITY'S MATURITY WAS EXTENDED THREE YEARS TO FEBRUARY 2022, WITH TWO ADDITIONAL SIX-MONTH EXTENSION OPTIONS.  Full Article

Xenia Hotels & Resorts Q3 adjusted FFO per share $0.50
Tuesday, 7 Nov 2017 06:30am EST 

Nov 7 (Reuters) - Xenia Hotels & Resorts Inc ::Xenia Hotels & Resorts reports third quarter 2017 results.Q3 adjusted FFO per share $0.50.Xenia Hotels & Resorts Inc - qtrly ‍net income per diluted share was $0.11​.Xenia Hotels & Resorts Inc - qtrly ‍same-property revpar decreased 1.3 pct compared to q3 of 2016 to $157.35​.Xenia Hotels & Resorts Inc - sees FY adjusted ffo per diluted share $2.01 to $2.07 ‍​.Xenia Hotels & Resorts Inc - ‍as a result of wildfires, company expects operating performance at hotels to be impacted in q4 of 2017 and into 2018​.Fy2017 FFO per share view $2.02 -- Thomson Reuters I/B/E/S.Xenia Hotels & Resorts Inc - sees ‍2017 same-property revpar change between up 0.25 pct to up 1.25 pct​.Xenia Hotels & Resorts Inc - sees 2017 ‍capital expenditures between $82 million to $88​ million.  Full Article

XENIA HOTELS APPOINTS VERBAAS TO ADDITIONAL ROLE OF CHAIRMAN OF BOARD
Friday, 3 Nov 2017 06:50am EDT 

Nov 3 (Reuters) - Xenia Hotels & Resorts Inc :XENIA HOTELS & RESORTS ANNOUNCES APPOINTMENT OF MARCEL VERBAAS TO ADDITIONAL ROLE OF CHAIRMAN OF THE BOARD.‍VERBAAS WILL ALSO CONTINUE TO SERVE AS COMPANY'S CHIEF EXECUTIVE OFFICER​.  Full Article

Xenia Hotels & Resorts acquires Ritz-Carlton Pentagon City for $105 million
Wednesday, 4 Oct 2017 04:16pm EDT 

Oct 4 (Reuters) - Xenia Hotels & Resorts Inc :Xenia Hotels & Resorts acquires the Ritz-Carlton Pentagon City for $105 million.Xenia Hotels & Resorts Inc - ‍acquisition was funded with cash available on balance sheet and senior unsecured credit facility​.  Full Article

Xenia Hotels & Resorts provides update on Hyatt Centric Key West Resort & Spa
Monday, 25 Sep 2017 07:00am EDT 

Sept 25 (Reuters) - Xenia Hotels & Resorts Inc ::Xenia Hotels & Resorts provides update on Hyatt Centric Key West Resort & Spa.Xenia Hotels & Resorts Inc - property sustained limited wind damage and water intrusion from storm and was partially re-opened on September 22, 2017.  Full Article

Xenia Hotels & Resorts provides update on impact from Hurricanes Irma and Harvey
Wednesday, 13 Sep 2017 04:16pm EDT 

Sept 13 (Reuters) - Xenia Hotels & Resorts Inc :Xenia Hotels & Resorts provides update on impact from Hurricanes Irma and Harvey.Says company's corporate office located in Orlando did not sustain any significant damage and is fully operational.Xenia Hotels & Resorts - Hotels in Orlando, Atlanta, Charleston, South Carolina, did not experience significant property damage related to Hurricane Irma.  Full Article

Xenia Hotels & Resorts files for potential mixed shelf offering
Friday, 8 Sep 2017 05:19pm EDT 

Sept 9 (Reuters) - Xenia Hotels & Resorts Inc :Xenia Hotels & Resorts Inc files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Xenia Hotels & Resorts provides Hurricane Harvey update
Monday, 28 Aug 2017 12:35pm EDT 

Aug 28 (Reuters) - Xenia Hotels & Resorts Inc ::Xenia Hotels & Resorts provides Hurricane Harvey update.Says ‍preliminary physical inspections of hotels directly impacted by Hurricane Harvey indicated no significant property damage​.Says ‍hotels impacted by Hurricane Harvey include three hotels located in Houston, Texas area and one hotel located in Austin, Texas​.Says currently evaluating financial impact from storm.  Full Article

Xenia Hotels & Resorts Inc says Q2 adjusted FFO per share $0.59
Tuesday, 8 Aug 2017 06:30am EDT 

Aug 8 (Reuters) - Xenia Hotels & Resorts Inc :Xenia hotels & resorts reports second quarter 2017 results.Sees 2017 adjusted FFO per diluted share $1.91 - $2.00 ​.Q2 adjusted FFO per share $0.59.Q2 FFO per share view $0.55 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $1.93 -- Thomson Reuters I/B/E/S.Qtrly ‍same-property revpar decreased 1.4% compared to Q2 of 2016 to $166.18​.  Full Article

Summit Hotel, Xenia Hotels & Resorts announce agreement on $163 mln transaction
Monday, 5 Jun 2017 06:45am EDT 

June 5 (Reuters) - Summit Hotel Properties Inc ::Summit Hotel Properties and Xenia Hotels & Resorts announce agreement on $163 million transaction.Xenia Hotels & Resorts Inc - in conjunction with acquisitions, summit will be executing new franchise agreements with respective franchisors for hotels.Xenia Hotels & Resorts Inc - expects to spend approximately $13 million to $16 million in capital improvements required under agreements over next two years.  Full Article

BRIEF-Xenia Hotels & Resorts Upsizes Credit Facility

* XENIA HOTELS & RESORTS UPSIZES CREDIT FACILITY, REPRICES TERM LOAN, AND OBTAINS NEW MORTGAGE LOAN