Xenia Hotels Reports Q2 Net Loss, Raises Full-Year Guidance on Strong RevPAR Growth

summarizeSummary

Xenia Hotels reported a Q2 net loss due to a non-cash impairment, but raised full-year guidance on strong RevPAR and Adjusted FFO growth. The stock trades near its 52-week high.

check_boxKey Events · Earnings and Guidance · XHR

• Q2 Net Loss on Impairment

  Net loss of $19.3M includes a $38.8M non-cash impairment charge on Kimpton RiverPlace Hotel, which was sold post-quarter for $11M.

• Operating Strength Drives Guidance Raise

  Same-Property RevPAR increased 5.6% and Adjusted FFO per share rose 7.0% to $0.61. Full-year Adjusted EBITDAre guidance raised by $7M at midpoint to $273M.

• Strong Balance Sheet and Liquidity

  Total liquidity of $612M as of June 30, 2026. No share repurchases or ATM equity issuance during Q2; $97.5M buyback capacity and $200M ATM availability remain.

• Portfolio Optimization Continues

  Sold Kimpton RiverPlace Hotel for $11M post-quarter; proceeds may be used for debt repayment, acquisitions, or share repurchases.

auto_awesomeAnalysis · XHR · Real Estate & Construction

Xenia posted a Q2 net loss of $19.3 million, driven by a $38.8 million non-cash impairment on the Kimpton RiverPlace Hotel, which was subsequently sold for $11 million. However, operating performance was solid: Same-Property RevPAR rose 5.6% and Adjusted FFO per share grew 7.0% to $0.61. Management raised full-year Adjusted EBITDAre guidance by $7 million at the midpoint, citing strong demand and a robust group bookings pace. The balance sheet remains healthy with $612 million in total liquidity, and the company did not repurchase shares or issue equity under its ATM program during the quarter. The results and guidance raise are notable given the stock is trading near its 52-week high, reflecting continued operational momentum despite the headline net loss.