Xenia Hotels & Resorts, Inc. (NYSE:XHR) released its third-quarter 2026 earnings results on November 3, 2026, reporting same-property RevPAR growth of 12.5% and a 56.5% increase in Adjusted FFO per diluted share compared to the third quarter of 2025.

Key Highlights

  • Net loss narrowed: Net loss attributable to common stockholders was $2.7 million ($0.03 per diluted share) in Q3 2026, compared to a net loss of $13.7 million ($0.14 per diluted share) in Q3 2025.
  • Adjusted EBITDAre: $53.2 million for Q3 2026, an increase of 26.0% compared to Q3 2025.
  • Same-Property RevPAR: $184.75, up 12.5% year over year, with occupancy of 70.0% (up 380 basis points) and ADR of $264.00 (up 6.4%).
  • Same-Property Hotel EBITDA Margin: 22.9%, up 295 basis points compared to Q3 2025.
  • Dividend declared: $0.14 per share for stockholders of record on September 30, 2026.
  • Asset sale: The company sold the 85-room Kimpton RiverPlace Hotel in July for $11 million, or approximately $129,400 per key.
  • Liquidity: Approximately $661 million in total liquidity as of September 30, 2026, including approximately $161 million in cash and cash equivalents and full availability on the revolving line of credit.

Xenia Hotels & Resorts Third-Quarter 2026 Operating and Financial Results

According to the filing, Xenia Hotels & Resorts reported same-property results across 29 hotels totaling 8,783 rooms for Q3 2026. Same-Property Total RevPAR reached $325.71, an increase of 12.7% compared to the same period in 2025. Same-Property Hotel EBITDA was $60.2 million, up 29.3% year over year. On a year-to-date basis through September 30, 2026, Same-Property RevPAR was $199.37 (up 8.3%) and Adjusted EBITDAre was $212.7 million (up 9.2%), the company disclosed.

The filing noted that the company's total outstanding debt was approximately $1.4 billion as of September 30, 2026, with a weighted-average interest rate of 5.55%. The company also held approximately $85 million of restricted cash and escrows at the end of the quarter. In February 2026, the company paid off a $52 million mortgage loan secured by Hotel Beauden, Autograph Collection, according to the filing.

Chairman and Chief Executive Officer Marcel Verbaas stated that "third quarter results significantly surpassed our expectations," attributing the performance to "strong broad-based group and corporate transient demand coupled with an incremental increase in leisure demand from several large events." The filing also noted that the company raised its full-year 2026 guidance, increasing the midpoint of its Adjusted EBITDAre guidance by $8 million and its Adjusted FFO per share guidance by $0.09 compared to prior guidance. The company characterized October Same-Property RevPAR as estimated up approximately 8% compared to October 2025. These statements reflect management's own characterizations and are subject to the company's cautionary language.

What Was Disclosed

Xenia Hotels & Resorts filed its Q3 2026 earnings results, reporting a narrowed net loss, double-digit same-property RevPAR growth, improved hotel EBITDA margins, a hotel asset sale, a mortgage payoff, and raised full-year 2026 guidance for Adjusted EBITDAre and Adjusted FFO per share.