Xenia Hotels & Resorts Reports Second Quarter 2026 Results
Xenia Hotels & Resorts (NYSE: XHR) reported Q2 2026 results for the quarter ended June 30, 2026. It posted a net loss of $19.3M, versus net income of $55.2M in Q2 2025. Adjusted EBITDAre was $78.1M, and Adjusted FFO per diluted share rose to $0.61. Same-property ADR and RevPAR increased. The company also increased full-year 2026 Adjusted EBITDAre guidance midpoint by $7M.
How this was made
The 30-second read
Why it matters
The key tradable items are Q2 same-property performance (ADR and RevPAR growth) and a specific full-year 2026 Adjusted EBITDAre guidance midpoint increase of $7 million, alongside balance-sheet liquidity and transaction activity (hotel sale, mortgage payoffs).
Market read
Traders can update models for lodging REIT earnings power using the ADR/RevPAR trends and the guidance midpoint raise, while monitoring margin compression and macro uncertainty.
What to watch
The excerpt notes limited forecasting visibility due to macro uncertainty and includes a non-cash impairment charge tied to a recent hotel sale, which may signal underlying asset-level risk even if cash flows improve.
Background
Xenia Hotels & Resorts is an upper upscale/luxury hotel REIT reporting quarterly operating metrics (occupancy, ADR, RevPAR) and non-GAAP measures (Adjusted EBITDAre, Adjusted FFO).
Ticker impact
Xenia reported Q2 2026 results with ADR up 5.7% and increased full-year 2026 Adjusted EBITDAre guidance midpoint by $7 million.
Moderate positive bias for shares into the next earnings/guidance check, with upside tied to continued RevPAR and group demand execution.
The article provides multiple same-property performance metrics plus a specific guidance update ($7 million midpoint increase), which are actionable for positioning. However, the full-year outlook range is not shown in the excerpt, limiting precision on magnitude.
Market effects
Supports the view that upper upscale/luxury lodging demand is holding up, with ADR-led RevPAR growth offsetting margin pressure (EBITDA margin down 65 bps).
Highlights strength in multiple markets, including Scottsdale demand trends and Orlando portfolio performance, which may reinforce regional travel optimism.
Limited direct global spillover beyond reinforcing broad lodging demand resilience and pricing power.
Counterpoint
Despite ADR and RevPAR growth, same-property hotel EBITDA margin fell 65 bps in Q2, implying cost inflation or mix headwinds that could cap earnings upside.
Key entities
- public_companyXenia Hotels & Resorts, Inc.
Reported Q2 2026 results, declared a $0.14 dividend, and raised full-year 2026 Adjusted EBITDAre guidance midpoint by $7 million.
- hotel_assetGrand Hyatt Scottsdale Resort
Management says it is tracking favorably toward stabilization, with bookings supporting expectations for additional growth.
- hotel_assetKimpton RiverPlace Hotel (Portland)
Sold post-quarter for $11 million, with a noted non-cash impairment charge of $38.8 million in Q2.
