#United States #Dividend #Orlando #share repurchase #Xenia Hotels

Xenia Hotels & Resorts Dividend Announcement and Share Buyback Program

Xenia Hotels & Resorts, Inc. (NYSE: XHR), a well-known company in the hospitality industry, has officially declared a cash dividend for the second quarter of 2025. On May 14, 2025, the company's Board of Directors announced a dividend of $0.14 per share for holders of the company’s common stock. This financial benefit will be distributed on July 15, 2025, to those recorded as shareholders by the end of June 30, 2025.

In addition to the dividend announcement, Xenia's Board also approved an impressive increase in its share repurchase program. The company is now authorized to buy back up to $100 million worth of its outstanding common shares. This buyback initiative is part of a broader strategy to capitalize on market opportunities and provide added value to shareholders. Purchases may occur through the open market, private transactions, or various other methods, including plans under Rule 10b5-1. It's important to note that the repurchase program remains flexible, allowing for suspension or discontinuation at any time depending on market conditions and the company's financial objectives, without any obligation to purchase a specific number of shares. Notably, even before this new authorization, Xenia had about $180 million remaining under its overall repurchase program as of May 13, 2025.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc. is a self-advised and self-administered Real Estate Investment Trust (REIT) specializing in luxury and upper upscale hotels and resorts. The company focuses on prime hotel markets and key leisure locations across the United States. Currently, Xenia manages a portfolio of 30 hotels and resorts, offering a total of 8,868 rooms spread across 14 states. Its properties feature prominent brands such as Marriott, Hyatt, Fairmont, Kimpton, Loews, Hilton, and The Kessler Collection, positioning Xenia as a leader in the hospitality sector.

Xenia is not only dedicated to enhancing shareholder returns through dividends and share buybacks but also aims to maintain high operational standards across its luxury and upscale properties. The company's focus on quality and location in its real estate investments reflects a strategic approach to long-term growth and the overall enhancement of shareholder value.

For further details and updates about Xenia’s operations, interested individuals should visit the company’s official website at www.xeniareit.com. Here, stakeholders can find press releases, financial results, and additional information about the company's business initiatives. Xenia's commitment to transparency and communication is evident in its dedication to providing stakeholders with timely and relevant updates regarding its financial performance and strategic decisions.

In a competitive market, Xenia Hotels & Resorts continues to make moves that demonstrate its commitment to shareholders and position itself for success in the hospitality industry. The recent dividend and share buyback announcement signifies positive momentum, paving the way for future growth and stability within the company.

Overall, Xenia Hotels & Resorts’ latest financial declarations should reassure investors and reaffirm the company's position as a key player in the hospitality market, dedicated to maximizing shareholder value while maintaining high-quality service and operational excellence.