Xenia Hotels reported a net loss of $13.7 million in the third quarter of 2025, with adjusted EBITDAre of $42.2 million and adjusted FFO per share of 23¢. Same-property RevPAR was essentially flat, but Grand Hyatt Scottsdale saw significant year-over-year growth during the quarter.

The Houston market negatively impacted Xenia Hotels’ portfolio performance due to tough comparisons from a hurricane aftermath. Despite challenges, excluding Houston assets, same-property RevPAR increased by 0.9%, mainly driven by growth at Grand Hyatt Scottsdale and double-digit percentage RevPAR growth in other markets.

Xenia Hotels saw an increase in food and beverage revenue, resulting in a 3.7% total RevPAR increase in the third quarter. The company is excited about the upcoming relaunch of food and beverage venues at W Nashville with Jose Andres Group, anticipating an additional capital investment of approximately $9 million.

Looking ahead, Xenia Hotels expects a strong group base for the fourth quarter and 2026, with optimism for outsized total RevPAR gains. They also anticipate spending $90 million on property improvements and are pleased with the long-term growth prospects for their portfolio.

Xenia Hotels’ third-quarter operating results were positive, with revenue flat compared to the same period in 2024. Strong performance was seen in properties like Grand Hyatt Scottsdale, Andaz Savannah, and others. The company continues to focus on group business and expects further growth in the future.

Read more at Yahoo Finance: Xenia Hotels XHR Q3 2025 Earnings Call Transcript