Xenia Raises 2026 Outlook as Q3 Adjusted EBITDAre Jumps 26%
Orlando – November 03, 2026 -- Xenia Hotels & Resorts (NYSE: XHR) raised its full-year 2026 guidance after third-quarter Adjusted EBITDAre rose 26.0% to $53.2 million and Adjusted FFO per diluted share climbed 56.5% to $0.36.
Same-Property RevPAR rises 12.5% on higher occupancy and rates
Same-Property occupancy reached 70.0%, up 380 basis points year over year. Same-Property ADR increased 6.4% to $264.00, lifting Same-Property RevPAR 12.5% to $184.75. Same-Property Total RevPAR gained 12.7% to $325.71.
Same-Property Hotel EBITDA grew 29.3% to $60.2 million, and the margin widened 295 basis points to 22.9%. Philadelphia, New Orleans, San Diego, Santa Clara, Pittsburgh, Houston, Key West and Orlando led RevPAR growth.
Chairman and CEO Marcel Verbaas said results "significantly surpassed our expectations," citing group and corporate transient demand plus leisure demand from several large events.