Xenia Hotels & Resorts Inc

Xenia Hotels declared a quarterly dividend of $0.14 per share, in line with its previous payout. The dividend carries a forward yield of 3.14%. It is payable Oct. 15 to shareholders of record as of Sept. 30, with an ex-dividend date of Sept. 30.

Xenia Hotels & Resorts raised the midpoint of its full-year 2026 adjusted EBITDAre guidance by $7 million to $273 million. The company also increased its RevPAR growth midpoint by 150 basis points to 5.5%, while total RevPAR growth guidance was raised by 75 basis points to 5.75% at the midpoint. Adjusted FFO per diluted share is now expected at $2.02 at the midpoint, an increase of $0.08. The guidance increases follow second-quarter same-property RevPAR of $206.54, up 5.6% from a year ago, driven entirely by rate. Xenia completed the sale of the 85-room Kimpton RiverPlace Hotel in Portland for $11 million, and reported quarter-end total liquidity of $612 million, including $112 million in cash and a fully undrawn $500 million revolving credit line.