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Xenia Hotels & Resorts Provides Business Update
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ORLANDO, Fla., June 3, 2021 /PRNewswire/ Xenia Hotels & Resorts, Inc. (NYSE: XHR) ( Xenia or the Company ) today provided an update on its operations and balance sheet.
Operations Update
Hotel Status: All 35 of the Company s hotels and resorts are open and operating, as Hyatt Regency Portland at the Oregon Convention Center recommenced operations on May 24, 2021.
Recent Performance: Preliminary approximate results for May 2021 for the Company s Same-Property 34-hotel portfolio were as follows: 50% occupancy, $216 average daily rate, $108 RevPAR. April 2021 Same-Property portfolio results were as follows: 48.9% occupancy, $216.04 average daily rate, $105.67 RevPAR.