Xenia Hotels & Resorts, Inc. · NYSE:XHR
Xenia Hotels & Resorts — Q1 2026 Earnings Presentation
27 slides from Xenia Hotels & Resorts's earnings presentation, May 1, 2026
Slide 1: Investor Presentation May 2026
Investor Presentation May 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation has been prepared by Xenia Hotels & Resorts, Inc. (the “Company” or “Xenia”) solely for informational purposes. This presentation contains, and our responses to various questions from investors may include, “forward-looking statements” within the meaning
Slide 3: Investment Highlights
INVESTMENT INVESTMENT HIGHLIGHTS HIGHLIGHTS Diverse & High-Quality Portfolio 30 luxury and upper-upscale hotels and resorts primarily in Top 25 markets and key leisure destinations Strong Balance Sheet & Favorable Outlook Flexible and conservative balance sheet supports outlook Capital Projects Driv
Slide 4: Portfolio Overview
Portfolio Overview Park Hyatt Aviara 3 Hyatt Regency Grand Resort, CypressGolf Club & Spa – Orlando, FL – Carlsbad, CA
Slide 5: Portfolio Composition
Portfolio Composition Portfolio Characteristics Diversified Branding 1 Key Portfolio Statistics 2 • Focused on Uniquely Positioned Luxury and Upper Upscale Hotels & Resorts Andaz Grand Hyatt 30 • Primarily located in Top 25 U.S. 38% Hyatt Centric Hotels Lodging Markets and Key Leisure Hyatt Regency
Slide 6: Geographic Diversification
Geographic Diversification • The Sunbelt Hotels and resorts located across 22 unique lodging • Key leisure destinations markets including: • Select gateway markets • Markets with limited near-term supply growth San Francisco / San Mateo, CA: 5% Nashville, TN: 5% Atlanta, GA: 8% San Diego, CA: 8% Orl
Slide 7: Demand Segment Diversification
Demand Segment Diversification Well-Positioned Portfolio, Approximately 75% Business Transient and Group Mix SIGNIFICANT CONTRIBUTIONS FROM BUSINESS TRANSIENT AND/OR GROUP ESTIMATED HISTORICAL DEMAND MIX1 • Fairmont Pittsburgh • Grand Bohemian Hotel Orlando, SIGNIFICANT CONTRIBUTIONS FROM LEISURE Au
Slide 8: Aligned with High Quality Brands
Aligned with High Quality Brands All Properties are Brand Affiliated Aligned with best-in-class hotel brands that provide a relevant “Brand Promise” to consumers Advantages of Branded Hotels • Superior revenue channels • Proven guest loyalty programs • Strength of marketing and advertising platforms
Slide 9: Portfolio Evolution Toward Higher Quality
Portfolio Evolution Toward Higher Quality Strategic capital allocation over past twelve years delivers superior portfolio Since 20141 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Listing2 3 Hotels3 1 Hotel 4 Hotels 4 Hotels4 1 Hotel 1 Hotel 14 Hotels Acquisitions - - - - - - $245M $13
Slide 10: Top Markets
Top Markets Long-Term Growth Potential Across Key Markets FY 20251 FY 20192 Market3 State Hotel EBITDA (%) Hotel EBITDA (%) Orlando FL 17% 10% Houston TX 14% 10% Phoenix AZ 11% 9% San Diego CA 8% 4% Atlanta GA 8% 5% Nashville TN 5% - San Francisco/San Mateo CA 5% 8% Florida Keys FL 4% 3% Dallas TX 4
Slide 11: Strong Portfolio Attributes vs. Lodging REIT Peers
Strong Portfolio Attributes vs. Lodging REIT Peers Diverse collection of properties, driven primarily by group and business transient • Demand mix: <65% Transient (majority business), >35% group • Revenue mix: 55% rooms, 45% F&B and other Marriott Woodlands Waterway Hotel & Convention Center Superio
Slide 12: Strong Balance Sheet & Favorable Outlook
Strong Balance Sheet & Favorable Outlook 11 W Nashville – Nashville, TN
Slide 13: Balance Sheet Overview
Balance Sheet Overview As of March 31, 2026 Liquidity Unrestricted Cash1 Line of Credit Availability2 Total Liquidity ~$101M $500M ~$601M Debt Summary Debt Mix Balance as of $151 Property Rate Type Rate Maturity 3/31/26 Level Debt Mortgage Loans3 11% Marriott San Francisco Airport Fixed 4.63% 5/1/20
Slide 14: Balance Sheet Overview
Balance Sheet Overview As of March 31, 2026 Debt Maturity Profile Leverage1 Senior Notes ~4.8x Conservative balance sheet leverage with continued strengthening expected LOC Availability Leverage Ratio $500 Term Loan Healthy Balance of Fixed vs. Floating Mortgages $500 $325 $400 76% Optimal balance o
Slide 15: Recent Trends and Near-Term Outlook
Recent Trends and Near-Term Outlook1 • Recent Same-Property2 statistics: • 1Q26 RevPAR increased 7.4% compared to 1Q25 with Occupancy up 180 bps and ADR up 4.8% • 1Q26 Total RevPAR3 increased 7.2% vs. 1Q25 • 1Q26 Hotel EBITDA4 increased 17.9% and Hotel EBITDA margin4 increased 270 bps vs. 1Q25 Renai
Slide 16: Near-Term Outlook – Guidance
Near-Term Outlook – Guidance1 Current Prior FY 2026 Guidance FY 2026 Guidance Change at $ in millions, except per share amounts Midpoint Low High Low High Net Income $24 $40 $21 $41 $1 Same-Property RevPAR Change (vs. 2025) 2.75% 5.25% 1.50% 4.50% 1.00% Same-Property Total RevPAR Change (vs. 2025)2
Slide 17: Capital Projects Driving Growth
Capital Projects Driving Growth 16 Grand Hyatt Scottsdale Resort– Scottsdale, AZ
Slide 18: Grand Hyatt Scottsdale Resort Transformative Renovation and Upbranding
Transformative Renovation and Upbranding to Grand Hyatt Approximate Expected Performance $300 $42M High-teen% RevPAR Hotel EBITDA Project IRR Up From $196 in 2019 Up From $23M in 2019 Expected Favorable momentum progressing through 2026 » Record quarter for the property, with highest Q1 EBITDA ever
Slide 19: Food & Beverage Relaunch at W Nashville
Food & Beverage Relaunch at W Nashville Expected to increase traffic and drive performance • This comprehensive F&B relaunch is driving both local and in-house demand across the venues, while also strengthening transient and group demand. F&B and room revenues are projected to increase, generating $
Slide 20: Food & Beverage Relaunch at W Nashville
Food & Beverage Relaunch at W Nashville Zaytinya 19
Slide 21: Food & Beverage Relaunch at W Nashville
Food & Beverage Relaunch at W Nashville Butterfly 20
Slide 22: Food & Beverage Relaunch at W Nashville
Food & Beverage Relaunch at W Nashville Bar Mar & Glowbird 21
Slide 23: Experienced Management
Experienced Management 22 Park Hyatt Aviara Resort, Golf Club & Spa– Carlsbad, CA
Slide 24: Executive Team with Extensive Track Record
Executive Team with Extensive Track Record Senior Executive Team has an average of 31 years of hotel experience and an average tenure of 13 years with Xenia • Senior Executives have decades of experience in the hotel industry and have managed through a number of previous industry downturns • Senior
Slide 25: Non-GAAP Financial Measures
Non-GAAP Financial Measures The Company considers the following non-GAAP financial measures to be useful to investors as key supplemental measures of operating performance: EBITDA, EBITDAre, Adjusted EBITDAre, Same- Property Hotel EBITDA, Same-Property Hotel EBITDA Margin, FFO, Adjusted FFO, and Adj
Slide 26: Non-GAAP Financial Measures
Non-GAAP Financial Measures FFO and Adjusted FFO The Company calculates FFO in accordance with standards established by Nareit, as amended in the 2018 Restatement White Paper, which defines FFO as net income or loss (calculated in accordance with GAAP), excluding real estate-related depreciation, am
Slide 27: Xenia Hotels & Resorts
XENIA HOTELS & RESORTS
Xenia Hotels & Resorts — Q1 2026 Earnings Presentation on 6ix