| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 52 | — | 17.8x | Around median | |
Growth | 21 | 1.6% | 7.1% | Bottom tier | |
Quality | 34 | 2.8% | 4.5% | Bottom tier | |
Safety | 38 | 6.2x | 2.6x | Bottom tier | |
Capital Return | 54 | 3.17% | 2.12% | Around median | |
Momentum | 75 | 37.0% | 2.9% | Top tier | |
Sentiment | 41 | 2 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Xenia Hotels & Resorts is a hotel real estate investment trust that owns a portfolio of luxury and upper-upscale hotels affiliated with well-known brands and operators. The operating comparison in Q2 FY2026 included approximately 30 hotels, and its revenue comes from rooms, food and beverage, and other hotel activities; therefore, its results are affected by the mix of transient and group demand, average daily rate, occupancy, and non-room spending. Following the sale of the 85-room Kimpton RiverPlace in July 2026, the company retained its exposure to the Portland market through the 600-room Hyatt Regency Portland.
In Q2 FY2026, revenue was $295.5 million and gross profit was $97.2 million, equivalent to a gross margin of approximately 32.9%, while the company recorded a net loss of $19.3 million and a loss per share of $0.21. Same-property RevPAR increased 5.6% to $206.54, driven almost entirely by a 5.7% increase in average daily rate to $285.71, while occupancy remained stable at 72.3%. Transient demand growth was stronger, with its RevPAR rising 6.9% compared with 3.4% for groups, but total RevPAR grew only 3.3% to $366.17 due to modest food and beverage and other revenue.
Property Adjusted EBITDA reached $78.1 million in Q2 FY2026, approximately $1 million ahead of the company's expectations, and Adjusted FFO per share increased 7% to $0.61. In contrast, hotel EBITDA margin declined 65 basis points to 28.7%, as operating expenses grew 4.2% to $211 million versus 3.3% growth in same-property hotel revenue. The latest trailing-twelve-month data show revenue of $1.1 billion and gross profit of $337 million, but the company recorded a net loss of $7.2 million and negative earnings per share of approximately $0.0783.
Automated analysis for informational purposes only — not investment advice.
Analyst consensus is neutral, with an average target of $21.17 and a narrow range between $20.50 and $22; the average target is only $0.89 below the 52-week range high of $22.06, compared with a low of $11.75. A meaningful conventional earnings multiple is unavailable because the latest trailing-twelve-month data show a net loss of $7.2 million, so XHR's valuation depends more heavily on the recovery in Adjusted FFO, its guidance of $2.02 per share for FY2026, and the company's ability to reduce leverage from 4.8 times toward its target of less than 4 times.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Same-property RevPAR increased 5.6% to $206.54, driven by a 5.7% increase in average daily rate to $285.71, while occupancy remained stable at 72.3%. Transient RevPAR grew 6.9% compared with 3.4% for groups, and Philadelphia recorded growth of 22% while Salt Lake City recorded growth of 13.1%. Revenue was $295.5 million and gross profit was $97.2 million, but the company recorded a net loss of $19.3 million due to a non-cash impairment loss related to the sale of Kimpton RiverPlace. Adjusted FFO per share was $0.61, up 7% from Q2 FY2025.
On July 30, 2026, the company raised the midpoint of its Property Adjusted EBITDA guidance by $7 million to $273 million after its quarterly results exceeded expectations by approximately $1 million. The group room revenue pace for the second half increased to 12% by the end of June 2026, and more than three-quarters of expected business was booked. Demand drove 80% of the pace improvement and rates drove 20%, with booking production increasing by more than 25% for the remainder of the year. Accordingly, the company raised the midpoint of RevPAR growth to 5.5% and the midpoint of Adjusted FFO per share to $2.02.
Grand Hyatt Scottsdale Resort & Spa was progressing toward stabilization during Q2 FY2026, and management estimated its annual contribution at approximately $32 million of hotel EBITDA. The Phoenix properties collectively achieved RevPAR growth of 12.7% during the quarter. Management also said FY2026 is on track to be the strongest year for group business in the resort's history. However, it emphasized that the company's guidance increase also reflects improvement across the rest of the portfolio, not the performance of Grand Hyatt Scottsdale alone.
The FIFA World Cup supported rates and room demand in June 2026, when matches were held in six of the company's markets and the portfolio's daily rate increased approximately 9%. However, the overall impact materialized at the lower end of a previously expected contribution range of 25 to 50 basis points to RevPAR growth because of released room blocks and hesitation by other groups to book around the matches. Transient demand filled the room gap, but it generated lower non-room spending, so total RevPAR grew 3.3% in Q2 FY2026 versus room RevPAR growth of 5.6%. In contrast, second-half visibility improved, with the group room revenue pace reaching 12% and more than 75% of expected business booked by the end of June 2026.
Outstanding debt was approximately $1.4 billion, and approximately three-quarters of it carried fixed interest rates, with a weighted average interest rate of approximately 5.5%. The net debt-to-EBITDA ratio was 4.8 times, compared with a long-term target of less than 4 times. The company had $112 million in cash and an undrawn $500 million credit facility, providing total liquidity of $612 million. Only approximately 7% of debt is due in the following year, while the most significant maturities are concentrated in 2029 and 2030.
In July 2026, the company completed the sale of the 85-room hotel for $11 million, or approximately $129 thousand per room. The price represented a multiple of 19.4 times hotel EBITDA and a 2% capitalization rate on operating income for the trailing 12 months ended June 30, 2026. Management said the asset was hurt by challenges in the Portland market, declining attractiveness of its location, and increased competing supply, and it was making a minimal contribution while facing near-term capital needs. Following the sale, the company retained its exposure to Portland through the 600-room Hyatt Regency Portland adjacent to the Oregon Convention Center.
