Xenia Hotels and Resorts is on a winning streak, smashing Q2 earnings with strong RevPAR and EBITDAre growth, fueled by the FIFA World Cup’s boost to transient demand—though group bookings slowed in some markets. Philadelphia led with a 22% RevPAR surge, while Salt Lake City and Phoenix also shined. The company’s confidence is soaring: they’re raising full-year EBITDAre guidance by $7M, eyeing 10% RevPAR growth in July, and investing heavily in key properties like Andaz Napa and The Ritz-Carlton Denver. A $11M hotel sale in Portland and strategic asset management are fueling their momentum, with a low supply environment and robust demand across segments setting the stage for sustained growth.
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