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Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results

Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results
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ORLANDO, Fla., March 1, 2021 /PRNewswire/ Xenia Hotels & Resorts, Inc. (NYSE: XHR) ( Xenia or the Company ) today announced results for the quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Adjusted EBITDAre: Adjusted EBITDAre was $(10.1) million.
Adjusted FFO per Diluted Share: Adjusted FFO per diluted share was $(0.24).
Same-Property RevPAR: The Company had its entire Same-Property portfolio (34 properties) open and operating during the entire fourth quarter. These properties achieved RevPAR of $50.82, as a result of occupancy of 27.8% and an ADR of $182.64.
Transaction Activity: The Company sold four hotels for a total sales price of approximately $391 million. ....

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Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results

Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results
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