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Xenia Q1 2025 Earnings Report
Xenia Hotels & Resorts, Inc. reported strong first quarter 2025 results, exceeding expectations with significant growth in Adjusted EBITDAre and Adjusted FFO per share, driven by improved portfolio performance and strategic capital allocation.
Key Takeaways
Xenia Hotels & Resorts, Inc. announced robust first quarter 2025 results, with net income attributable to common stockholders of $15.6 million, or $0.15 per share. Adjusted EBITDAre increased by 11.8% to $72.9 million, and Adjusted FFO per diluted share rose by 15.9% to $0.51, reflecting strong operational performance and strategic initiatives.
Net Income attributable to common stockholders was $15.6 million, or $0.15 per share, showing significant growth compared to the prior year.
Adjusted EBITDAre increased by 11.8% to $72.9 million, and Adjusted FFO per Diluted Share increased by 15.9% to $0.51, both exceeding expectations.
Same-Property RevPAR grew by 6.3% to $188.73, driven by a 180 basis point increase in occupancy and a 3.6% increase in ADR.
The company repurchased 2,733,149 shares of common stock for approximately $35.8 million and increased its first quarter dividend by 17% to $0.14 per share.
Xenia
Xenia
Xenia Revenue by Segment
Xenia Revenue by Geographic Location
Revenue by Segment
Rooms Revenue
CapyFin.comFood & Beverage Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Houston, TX Revenue
CapyFin.comOrlando, FL Revenue
CapyFin.comSan Diego, CA Revenue
CapyFin.comAtlanta, GA Revenue
CapyFin.comNashville, TN Revenue
CapyFin.comSan Francisco/San Mateo, CA Revenue
CapyFin.comFlorida Keys, FL Revenue
CapyFin.comDallas, TX Revenue
CapyFin.comPortland, OR Revenue
CapyFin.comWashington, DC-MD-VA Revenue
CapyFin.comSan Jose/Santa Cruz, CA Revenue
CapyFin.comPhoenix, AZ Revenue
CapyFin.comSavannah, GA Revenue
CapyFin.comCalifornia Wine Country, CA Revenue
CapyFin.comCalifornia Central Coast, CA Revenue
CapyFin.comPittsburgh, PA Revenue
CapyFin.comBirmingham, AL Revenue
CapyFin.comDenver, CO Revenue
CapyFin.comSalt Lake City/Ogden, UT Revenue
CapyFin.comPhiladelphia, PA Revenue
CapyFin.comLouisiana South, LA Revenue
CapyFin.comCharleston, SC Revenue
CapyFin.com Forward Guidance
Xenia Hotels & Resorts has updated its full-year 2025 outlook, reflecting macroeconomic uncertainty and recent transactions. The guidance assumes no additional acquisitions, dispositions, equity issuances, or share/senior note repurchases.
Positive Outlook
- The company expects continued meaningful growth and appreciation in its premium, high-quality branded portfolio.
- The first quarter's outperformance contributed positively to the full-year outlook.
- Capital expenditures are expected to have minimal disruption to revenues, with transformative renovations included in guidance.
- General and administrative expense is projected to decrease by $1 million from prior guidance.
- Income tax expense is projected to decrease by $1 million from prior guidance.
Challenges Ahead
- Heightened macroeconomic uncertainty has led to a more tempered view for the remainder of the year.
- Expectations for full-year revenue and earnings growth have been slightly reduced despite Q1 outperformance.
- Reciprocal and retaliatory tariffs may significantly impact the cost of goods sourced from outside the United States.
- Guest room renovations at Andaz Napa and The Ritz-Carlton, Denver, planned for Q4 2025, have been deferred.
- Interest expense is projected to increase by $1 million from prior guidance, excluding non-cash loan related costs.