Xenia Hotels & Resorts Marks a Decade of Success on NYSE

Author: Logan Wright Updated: 02-04-2025 06:41 AM

Xenia Hotels & Resorts Marks a Decade of Excellence

Xenia Hotels & Resorts, Inc. (NYSE: XHR) proudly commemorates its 10th anniversary of being listed on the New York Stock Exchange. To mark this significant milestone, the company participated in the ceremonial ringing of The Closing Bell, signifying a decade of resilience and growth.

A Testament to Hard Work and Dedication

Marcel Verbaas, Chair and Chief Executive Officer of Xenia, expressed the company's pride in reaching this milestone. He stated, "Today, as we celebrate our 10 years on the NYSE, we are honored to ring the iconic Closing Bell. This occasion not only represents the hard work and dedication of our team but also reflects our commitment to delivering substantial value to our shareholders. Over the years, we have faced unprecedented challenges, but our team has remained steadfast in identifying and capitalizing on opportunities."

A Strong Portfolio of Luxury Hotels

Xenia Hotels & Resorts focuses on luxury and upper upscale hotel investments, seeking unique properties in the top lodging markets and key leisure destinations across the United States. The company boasts a diverse portfolio comprising 31 hotels with 9,408 rooms across 14 states, operating under marquee names such as Marriott, Hyatt, and Hilton.

Future Growth and Strategic Objectives

Reflecting on the past decade, Verbaas noted that Xenia's ability to evolve has been pivotal in achieving a strong market position. "Our portfolio now features higher quality hotels and greater brand and geographic diversification. Our balance sheet has improved, allowing us to be well-positioned for future growth and to achieve our strategic objectives," he added. This forward-looking attitude signifies Xenia's commitment to continued expansion and improving shareholder value.

Company Overview

About Xenia Hotels & Resorts, Inc.: Xenia operates as a self-advised and self-administered real estate investment trust (REIT). The company invests in luxury and upper upscale hotels across prime locations and leisure destinations. With an extensive portfolio and a focus on quality, Xenia strives to enhance its market presence and ensure consistent growth.

Key Partnerships and Operations

The strategic partnerships with industry leaders enable Xenia to maintain high standards in hospitality. The hotels under its management are renowned for their service and quality, reflecting Xenia's commitment to excellence.

Frequently Asked Questions

What does Xenia Hotels & Resorts celebrate?

Xenia Hotels & Resorts celebrates its 10th anniversary on the New York Stock Exchange.

Who is the CEO of Xenia Hotels & Resorts?

The CEO of Xenia is Marcel Verbaas.

What type of properties does Xenia invest in?

Xenia invests in luxury and upper upscale hotels, focusing on uniquely positioned properties.

How many hotels does Xenia operate?

Xenia operates 31 hotels, comprising a total of 9,408 rooms.

What is Xenia's strategy for future growth?

Xenia aims to focus on quality, diversification, and strategic objectives to drive shareholder value in the future.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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