
Xenia Hotels & Resorts posts $19.3 million loss
- Xenia Hotels & Resorts reported a second-quarter 2026 net loss of $19.3 million, or a loss of $0.21 per diluted share.
- The company recorded a $38.8 million non-cash impairment charge tied to a property sale, even as its Adjusted FFO per share grew 7% to $0.61.
- The hotel operator stated that sustained pricing strength and improving room rates enabled it to raise its full-year earnings guidance.
Xenia Hotels & Resorts (NYSE:XHR) announced its second-quarter 2026 financial results, posting a net loss of $19.3 million primarily driven by a property impairment charge.
The current loss contrasts directly with the net income of $55.2 million, or $0.56 per share, that the business reported during the same period in 2025.
The company maintained a flat overall occupancy rate of 72.3% while its hotel EBITDA margin decreased by 65 basis points to 28.7%.
The real estate investment trust recorded a second-quarter non-cash impairment charge of $38.8 million connected to the post-quarter sale of the 85-room Kimpton RiverPlace Hotel for $11 million.
Following the announcement, Xenia Hotels & Resorts' share price was up at $22.25.
Despite the net loss, the operator experienced continued pricing strength across its portfolio, with revenue per available room increasing by 5.6% to $206.54 and the average daily rate rising 5.7% to $285.71.
Management subsequently updated its full-year 2026 expectations, raising the midpoint of its Adjusted EBITDAre guidance by $7 million to a range of $267 million to $279 million.

