Xenia Hotels & Resorts

For the 1960s-1970s hotels of the Hellenic Tourism Organisation, see Xenia (hotel).
Xenia Hotels & Resorts, Inc.
Company typePublic company
NYSE: XHR
S&P 600 component
Russell 2000 component
IndustryReal estate investment trust
Founded2014; 10 years ago (2014)
HeadquartersOrlando, Florida
ProductsHotels
RevenueIncrease $1.149 billion (2019)
Decrease $0.057 billion (2019)
Total assetsIncrease $3.263 billion (2019)
Total equityDecrease $1.775 billion (2019)
Number of employees
48 (2019)
Websitexeniareit.com
Footnotes / references
[1]

Xenia Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of December 31, 2019, it owned 39 hotels comprising 11,245 rooms.[1]

History

In 2014, the company was formed as a corporate spin-off of InvenTrust Properties.[1]

On February 4, 2015, the company became a public company.[2]

In December 2016, the company sold 4 hotels for $119 million.[3]

In December 2019, the company sold 2 hotels for $61.5 million.[4]

In March 2020, the company agreed to sell 7 Kimpton Hotels & Restaurants-branded hotels for $483 million.[5]

References

  1. ^ a b c "Xenia Hotels & Resorts, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Xenia Hotels & Resorts Announces Listing Of Its Common Stock On The NYSE And Ringing Of The Opening Bell" (Press release). PR Newswire. February 4, 2015.
  3. ^ "Xenia Hotels & Resorts sells 4 properties". American City Business Journals. December 16, 2016.
  4. ^ Barth, Cindy (December 25, 2019). "Xenia Hotels & Resorts sells 2 hotel properties". American City Business Journals.
  5. ^ "Xenia Hotels & Resorts Announces Agreement To Sell Seven-Hotel Portfolio For $483 Million" (Press release). PR Newswire. March 4, 2020.
  • Official website
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