Company:Xenia Hotels & Resorts

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Xenia Hotels & Resorts, Inc.
TypePublic company
NYSEXHR
S&P 600 component
Russell 2000 Index 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. 1.0 1.1 1.2 "Xenia Hotels & Resorts, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission. https://www.sec.gov/ix?doc=/Archives/edgar/data/1616000/000161600020000023/xeniadecember31201910-.htm. 
  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. https://www.bizjournals.com/orlando/news/2016/12/16/xenia-hotels-resorts-sells-4-properties.html. 
  4. Barth, Cindy (December 25, 2019). "Xenia Hotels & Resorts sells 2 hotel properties". American City Business Journals. https://www.bizjournals.com/orlando/news/2019/12/25/xenia-hotels-resorts-sells-2-hotel-properties.html. 
  5. "Xenia Hotels & Resorts Announces Agreement To Sell Seven-Hotel Portfolio For $483 Million" (Press release). PR Newswire. March 4, 2020.

External links