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AI brief of an SEC Form 8-K · Xenia Hotels & Resorts (XHR)

Xenia Q4 Net Income Falls 78% to $7.6 Million; Adjusted FFO Per Share Flat at $0.41

Mixed Impact 3 of 5 earnings Written later

Xenia Hotels & Resorts reported fourth quarter 2023 net income attributable to common stockholders of $7.6 million, or $0.07 per share, down 78.4% from a year earlier, while Adjusted EBITDAre fell 8.0% to $59.4 million and Adjusted FFO per diluted share was flat at $0.41. The company also raised its quarterly dividend 20% to $0.12 per share and issued 2024 guidance, including net income of $15 million to $35 million and Adjusted FFO per diluted share of $1.59 to $1.78.

Key points

  • Q4 2023 net income was $7.6 million, or $0.07 per share, versus $35.3 million, or $0.31 per share, in Q4 2022
  • Adjusted EBITDAre was $59.4 million, down 8.0%; Same-Property RevPAR was $157.69, down 3.4%
  • Excluding Hyatt Regency Scottsdale, Same-Property RevPAR rose 1.2% in the quarter
  • Quarterly dividend raised 20% to $0.12 per share, payable April 15, 2024 to holders of record March 28, 2024

The filing

CompanyXenia Hotels & Resorts (XHR)
Form8-K, current report
Filed with the SECFeb 27, 2024, 6:35 AM ET
Accession number0001616000-24-000020

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.