Xenia Hotels & Resorts, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 06:32 am EDT
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Xenia Hotels & Resorts, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 151.974 million compared to USD 14.825 million a year ago. Operating loss was USD 18.722 million compared to USD 93.248 million a year ago. Net loss was USD 42.038 million compared to USD 99.125 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.88 a year ago. For the half year, total revenue was USD 239.826 million compared to USD 230.176 million a year ago. Operating loss was USD 57.900 million compared to USD 124.794 million a year ago. Net loss was USD 98.389 million compared to USD 135.264 million a year ago. Basic loss per share from continuing operations was USD 0.86 compared to USD 1.2 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. 
