XHR

EX-99.1

2 ex991q12026xhrearningsrele.htm

EX-99.1

Document

Date: May 1, 2026

XENIA HOTELS & RESORTS REPORTS FIRST QUARTER 2026 RESULTS

Orlando, FL – May 1, 2026 – Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced results for the quarter ended March 31, 2026.

First Quarter 2026 Highlights

•Net Income: Net income attributable to common stockholders was $19.8 million, or $0.21 per share

•Adjusted EBITDAre: $81.4 million, increased 11.6% compared to the first quarter of 2025

•Adjusted FFO per Diluted Share: $0.63, increased 23.5% compared to the first quarter of 2025

•Same-Property Occupancy: 71.4%, increased 180 basis points compared to the first quarter of 2025

•Same-Property ADR: $288.62, increased 4.8% compared to the first quarter of 2025

•Same-Property RevPAR: $205.93, increased 7.4% compared to the first quarter of 2025

•Same-Property Total RevPAR: $370.13, increased 7.2% compared to the first quarter of 2025

•Same-Property Hotel EBITDA: $87.8 million, increased 17.9% compared to the first quarter of 2025

•Same-Property Hotel EBITDA Margin: 29.7%, increased 270 basis points compared to the first quarter of 2025

•Financing Activity: Paid off the $52 million mortgage loan secured by Grand Bohemian Hotel Orlando, Autograph Collection

•Dividends: Declared a first quarter dividend of $0.14 per share for stockholders of record on March 31, 2026

“We are pleased with the strong start to 2026, as our portfolio delivered first quarter results that exceeded our expectations" said Marcel Verbaas, Chair and Chief Executive Officer of Xenia. "Record performance at Grand Hyatt Scottsdale Resort and increased group and transient demand throughout the portfolio resulted in Same-Property RevPAR growth of 7.4% versus the first quarter of 2025, with March being a standout month delivering Same-Property RevPAR growth of over 14% versus the same month last year. Favorable top-line performance driven by meaningful ADR growth and solid expense management resulted in margin growth of 270 basis points. Adjusted EBITDAre and Adjusted FFO per share increased nearly 12% and 24%, respectively, reflecting our continued focus on profitability and per share earnings. As a result, we have increased our full-year guidance to reflect the first quarter outperformance.”

"The first quarter momentum has continued with April Same-Property RevPAR estimated to have increased nearly 6% compared to April 2025" continued Mr. Verbaas. "Our group booking pace remains solid. We believe our well-positioned luxury and upper upscale lodging portfolio, healthy balance sheet, and best-in-class operating partners provide us with a solid foundation for meaningful growth during the remainder of 2026 and beyond."

1

Operating Results

The Company’s results include the following:

Three Months Ended March 31,

20262025Change

($ amounts in thousands, except hotel statistics and per share amounts)

Net income attributable to common stockholders$19,771 $15,585 26.9 %

Net income per share available to common stockholders - basic and diluted$0.21 $0.15 40.0 %

Same-Property Number of Hotels(1)

30 30 —

Same-Property Number of Rooms(1)

8,868 8,868 —

Same-Property Occupancy(1)

71.4 %69.6 %180  bps

Same-Property Average Daily Rate(1)

$288.62 $275.47 4.8 %

Same-Property RevPAR(1)

$205.93 $191.80 7.4 %

Same-Property Total RevPAR(1)(2)

$370.13 $345.15 7.2 %

Same-Property Hotel EBITDA(1)(3)

$87,811 $74,450 17.9 %

Same-Property Hotel EBITDA Margin(1)(3)

29.7 %27.0 %270  bps

Total Portfolio Number of Hotels(4) 30 31 (1)

Total Portfolio Number of Rooms(4) 8,868 9,413 (545)

Total Portfolio RevPAR(5) $205.93 $188.73 9.1 %

Total Portfolio Total RevPAR(2)(5) $370.13 $341.09 8.5 %

Adjusted EBITDAre(3) $81,381 $72,942 11.6 %

Adjusted FFO(3) $60,554 $52,060 16.3 %

Adjusted FFO per diluted share(3) $0.63 $0.51 23.5 %

1."Same-Property” includes all hotels owned as of March 31, 2026 and also includes renovation disruption for multiple capital projects during the periods presented.

2.Total Revenues per available room for the period presented.

3.EBITDA, EBITDAre, Adjusted EBITDAre, FFO, Adjusted FFO, and Same-Property Hotel EBITDA and Hotel EBITDA Margin are non-GAAP financial measures. See definitions and tables later in this press release for how we define these non-GAAP financial measures and for reconciliations from net income to Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), EBITDA for Real Estate ("EBITDAre"), Adjusted EBITDAre, Funds From Operations ("FFO"), Adjusted FFO, Same-Property Hotel EBITDA and Hotel EBITDA Margin.

4.As of end of periods presented.

5.Results of all hotels as owned during the periods presented, including the results of hotels sold or acquired for the actual period of ownership by the Company.

Liquidity and Balance Sheet

As of March 31, 2026, the Company had total outstanding debt of approximately $1.4 billion with a weighted-average interest rate of 5.53%. T

xhr-202602240001616000false00016160002026-02-242026-02-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 24, 2026

Xenia Hotels & Resorts, Inc. (Exact Name of Registrant as Specified in its Charter)

Maryland001-3659420-0141677 (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

200 S. Orange Avenue, Suite 2700 Orlando, Florida 32801 (Address of Principal Executive Offices)

(407) 246-8100 (Registrant’s Telephone Number, Including Area Code)

N/A (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Common StockXHRNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item       2.02.    Results of Operations and Financial Condition.

On February 24, 2026, Xenia Hotels & Resorts, Inc. (the “Company”) issued a press release announcing its results for the quarter and year ended December 31, 2025. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished under Item 2.02 and Exhibit 99.1 in this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act or the Exchange Act, except as set forth by specific reference in such filing.

Item       7.01.    Regulation FD Disclosure.

On February 24, 2026, the Company published supplemental financial information which may be accessed through the Company's investor relations website. A copy of the supplemental financial information is furnished herewith as Exhibit 99.2 and is incorporated herein by reference.

This information furnished under Item 7.01 and Exhibit 99.2 in this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act or the Exchange Act, except as set forth by specific reference in such filing.

Item    9.01.    Financial Statements and Exhibits. (d)    Exhibits.

Exhibit No.Description

99.1 Press Release of Xenia Hotels & Resorts, Inc., dated as of February 24, 2026 (furnished pursuant to Item 2.02)

99.2 Xenia Hotels & Resorts, Inc. Supplemental Financial Information (furnished pursuant to Item 7.01) 104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Xenia Hotels & Resorts, Inc.

Date: February 24, 2026By:/s/ Atish Shah Name:Atish Shah Title:Executive Vice President and Chief Financial Officer

xhr-202510310001616000false00016160002025-10-312025-10-31

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 31, 2025

Xenia Hotels & Resorts, Inc. (Exact Name of Registrant as Specified in its Charter)

Maryland001-3659420-0141677 (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

200 S. Orange Avenue, Suite 2700 Orlando, Florida 32801 (Address of Principal Executive Offices)

(407) 246-8100 (Registrant’s Telephone Number, Including Area Code)

N/A (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Common StockXHRNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item       2.02.    Results of Operations and Financial Condition.

On October 31, 2025, Xenia Hotels & Resorts, Inc. (the “Company”) issued a press release announcing its results for the quarter and nine months ended September 30, 2025. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished under Item 2.02 and Exhibit 99.1 in this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act or the Exchange Act, except as set forth by specific reference in such filing.

Item    9.01.    Financial Statements and Exhibits. (d)    Exhibits.

Exhibit No.Description

99.1 Press Release of Xenia Hotels & Resorts, Inc., dated as of October 31, 2025 (furnished pursuant to Item 2.02)

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Xenia Hotels & Resorts, Inc.

Date: October 31, 2025By:/s/ Atish Shah Name:Atish Shah Title:Executive Vice President and Chief Financial Officer