Xenia Hotels & Resorts posted a net loss for Q3 2025 as RevPAR remained flat and margins contracted slightly. Despite the challenging environment, the company saw modest growth in ADR and steady occupancy rates. Food and beverage revenues rose, while Adjusted EBITDAre and Adjusted FFO declined year-over-year. Xenia maintained strong liquidity and continues to execute renovation projects and portfolio enhancements.
Net loss attributable to common stockholders was $13.7 million, or $0.14 per share.
Adjusted EBITDAre totaled $42.2 million, down 4.6% year-over-year.
Adjusted FFO per diluted share was $0.23, down 8.0% compared to Q3 2024.
Same-Property RevPAR was $164.50, flat year-over-year, while ADR increased 1.6% to $248.09.
Xenia expects Same-Property RevPAR to rise 3.5%β4.5% for full year 2025, with Adjusted EBITDAre between $250 million and $258 million. The company projects stable margins and moderate growth driven by portfolio quality, ongoing renovations, and improving group demand.