#USA #Orlando #Xenia Hotels #Resorts #Q3 2026

Xenia Hotels & Resorts Reports Third Quarter 2026 Results

Xenia Hotels & Resorts Inc. (NYSE: XHR) shared its latest financial results for the third quarter of 2026, revealing a remarkable turnaround from previous years. Below are some of the highlights that showcase the company’s impressive performance insights and strategic advantages.

Key Financial Highlights

The company recorded a net loss of only $2.7 million this quarter, a significant improvement when compared to a much larger net loss of $13.7 million in Q3 2025. This reduction translates to a net loss per diluted share of just $0.03, a notable decrease from the previous year's figure of $0.14.

Adjusted EBITDA surged to $53.2 million, marking a 26% increase compared to last year. Additionally, the company has reported a remarkable increase of 56.5% in adjusted funds from operations (FFO) per diluted share, rising to $0.36. This was facilitated by a rise in same-property occupancy rates, which rose to 70%, reflecting an increase of 3.8% from last year.

The average daily rate (ADR) for same-property hotels also saw notable growth, climbing 6.4% to reach $264.00. This has contributed to an impressive increase in same-property revenue per available room (RevPAR), which rose by 12.5% to a total of $184.75.

Strong Market Demand

According to Marcel Verbaas, Xenia's Chairman and CEO, the third quarter was characterized by unprecedented demand across various segments, including corporate and group travel. This positive performance was particularly driven by various large-scale events that encouraged travel across key locations. The company reported strong growth in several core markets, particularly in Philadelphia, New Orleans, San Diego, and Houston.

Dividend Declaration

Xenia also announced a quarterly dividend of $0.14 per common share, affirming its commitment to returning value to shareholders. This reflects the company’s renewed confidence in its operational performance and market conditions.

Year-to-Date Overview

For the first nine months of 2026, net losses were reported at $2.3 million, a stark contrast to the net income of $57 million recorded during the same period in 2025. Year-to-date adjusted EBITDA has seen a healthy increase of 9.2%, totaling $212.7 million.

Looking Ahead

The company is optimistic about the remainder of the year, anticipating continued robust demand for its well-positioned hotels. With the demand for upscale accommodations remaining strong and supply growth limited, Xenia aims to leverage its strategic positioning in key markets. The firm has raised its guidance for the full year 2026, projecting enhanced Adjusted EBITDA and FFO, reflecting improved market dynamics and operational execution.

Conclusion

Xenia Hotels & Resorts has shown resilience and strategic advantage in a competitive landscape, boasting notable improvements across key financial metrics. As the company navigates through the remaining quarters, its focus on enhancing operational margins and a strong recovery from past losses will be pivotal for sustaining its growth trajectory. With high-quality hotels across premium markets, Xenia is poised for future successes in the hospitality industry.