Xenia Hotels & Resorts, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 01, 2021 at 06:30 am EST
Share
Xenia Hotels & Resorts, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was USD 75.647 million compared to USD 282.185 million a year ago. Operating loss was USD 46.884 million compared to operating Income of USD 23.546 million a year ago. Net income was USD 24.277 million compared to USD 15.610 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.14 a year ago. For the full year, total revenue was USD 369.776 million compared to USD 1,149.087 million a year ago. Operating loss was USD 241.694 million compared to operating Income of USD 111.481 million a year ago. Net loss was USD 163.330 million compared to net income of USD 55.400 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to basic earnings per share from continuing operations of USD 0.49 a year ago.
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered real estate investment trust (REIT) that invests in luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as leisure destinations in the United States. The Company owns approximately 32 hotels and resorts comprising 9,514 rooms across 14 states. The Company's hotels are in the luxury and upper upscale segments, and are operated and/or licensed by Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson. Its hotels include Andaz Napa; Andaz San Diego; Andaz Savannah; Bohemian Hotel Savannah Riverfront, Autograph Collection; Fairmont Dallas; Fairmont Pittsburgh; Grand Bohemian Hotel Charleston, Autograph Collection; Grand Bohemian Hotel Mountain Brook, Autograph Collection; Grand Bohemian Hotel Orlando, Autograph Collection; Hyatt Centric Key West Resort & Spa; Hyatt Regency Grand Cypress, and Hyatt Regency Portland at the Oregon Convention Center.
XENIA HOTELS & RESORTS, INC. 
