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

Xenia Hotels lowers 2024 EBITDA outlook as Q2 Adjusted EBITDAre falls 8.4%

Mixed Impact 4 of 5 earnings Written later

Xenia Hotels & Resorts reported second quarter 2024 net income attributable to common stockholders of $15.3 million, up 11.2% from a year earlier, while Adjusted EBITDAre fell 8.4% to $68.4 million. The company moderately lowered the midpoint of its full-year 2024 Adjusted EBITDAre guidance, citing softer leisure demand and continued expense pressure, which matters to shareholders because it signals lower expected earnings for the year.

Key points

  • Q2 2024 Adjusted EBITDAre was $68.4 million, down 8.4% from Q2 2023; net income attributable to common stockholders was $15.3 million, or $0.15 per share, up 11.2%
  • Full-year 2024 Adjusted EBITDAre guidance is $243 million to $255 million, a variance of $3 million lower at the low end and $7 million lower at the high end versus prior guidance
  • Same-Property RevPAR rose 1.8% to $185.69 in Q2 2024; excluding Hyatt Regency Scottsdale, RevPAR rose 5.0%
  • Company sold the 107-room Lorien Hotel & Spa for $30 million and declared a $0.12 per share quarterly dividend, with a record date of June 28, 2024

The filing

CompanyXenia Hotels & Resorts (XHR)
Form8-K, current report
Filed with the SECAug 1, 2024, 4:34 PM ET
Accession number0001616000-24-000071

Items reported: 2.02 Results of Operations

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 August 01, 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.