Xenia Hotels & Resorts, Inc. · NYSE:XHR
Xenia Hotels & Resorts — Q2 2025 Earnings Presentation
28 slides from Xenia Hotels & Resorts's earnings presentation, Aug 1, 2025
Slide 1: Investor Presentation
Investor Presentation August 2025
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 Diverse & High-Quality Portfolio HIGHLIGHTS HIGHLIGHTS 30 luxury and upper-upscale hotels and resorts primarily in Top 25 markets and key leisure destinations Transformative Renovation of Grand Hyatt Scottsdale Resort Significant long-term growth driver Strong Balance Sheet & F
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 No single market contributed Hotels and resorts located across 22 • Key leisure destinations more than 17% of 2024 EBITDA1 unique lodging markets including: • Select gateway markets • Markets with limited near-term supply growth Portland, OR: 4% Washington, D
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 eleven years delivers superior portfolio Since 20141 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Listing2 3 Hotels3 1 Hotel 4 Hotels 4 Hotels4 1 Hotel 1 Hotel 14 Hotels Acquisitions - - - - - $245M $136M $615
Slide 10: Top Markets
Top Markets Long-Term Growth Potential Across Key Markets TTM June 20251 FY 20241 FY 20231 FY 20192 Hotel EBITDA Hotel EBITDA Hotel EBITDA Hotel EBITDA Market3 State (%) (%) (%) (%) Orlando FL 17% 17% 15% 10% Houston TX 15% 17% 15% 10% San Diego CA 9% 8% 8% 4% Atlanta GA 8% 8% 8% 5% Phoenix AZ 6% 3%
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: 58% rooms, 42% F&B and other Marriott Woodlands Waterway Hotel & Convention Center Superio
Slide 12: Long-Term Growth Drivers
Long-Term Growth Drivers GRAND HYATT SCOTTSDALE RESORT Transformative renovation and upbranding expected to drive growth in the near-term and through stabilization Incremental EBITDA contributions from multiple recently RETURN ON RECENT CAPEX completed major capital projects in Orlando, Salt Lake Ci
Slide 13: Transformative Renovation of Grand Hyatt Scottsdale Resort
Transformative Renovation of Grand Hyatt Scottsdale Resort 12 Grand Hyatt Scottsdale Resort– Scottsdale, AZ
Slide 14: Transformative Renovation and Upbranding to Grand Hyatt
Transformative Renovation and Upbranding to Grand Hyatt Investment Thesis Maximize Investment Through Creation of Grand Hyatt Luxury Resort Transformative renovation and upbranding to Grand Hyatt maximizes value of a strategic asset and increases the hotel’s ability to compete with a top- tier compa
Slide 15: Reconcepting and Redesign of All Food & Beverage Venues
Reconcepting and Redesign of All Food & Beverage Venues (in Collaboration with Chef Richard Blais) Transformative Renovation and Upbranding to Grand Hyatt 14
Slide 16: Select Amenities at Grand Hyatt Scottsdale Resort
Select Amenities at Grand Hyatt Scottsdale Resort Transformative Renovation and Upbranding to Grand Hyatt Lobby Entrance Spa Avania Adult Pool Family Pool Meeting Space Entrance Arizona Ballroom Expansion & Renovation 15
Slide 17: Transformative Renovation and Upbranding to Grand Hyatt
Transformative Renovation and Upbranding to Grand Hyatt Upon stabilization, the hotel is expected to TRANSFORMATION DRIVES REVPAR GROWTH achieve RevPAR of approximately $300 Pandemic Renovation » RevPAR Index expected to increase approx. 10% by stabilization Impact & Recovery $300.00 » Closing perfo
Slide 18: Strong Balance Sheet & Favorable Outlook
Strong Balance Sheet & Favorable Outlook 17 W Nashville – Nashville, TN
Slide 19: Balance Sheet Overview
Balance Sheet Overview As of June 30, 2025 Liquidity Unrestricted Cash1 Line of Credit Availability2 Total Liquidity ~$173M $500M ~$673M Debt Summary Debt Mix Balance as of Rate Type Rate Maturity 6/30/25 Mortgage Loans $212M Grand Bohemian Hotel Orlando Fixed 4.53% 3/1/2026 52.7 Property Marriott S
Slide 20: Balance Sheet Overview: Debt Maturity Profile
Balance Sheet Overview Debt Maturity Profile as of June 30, 2025 Leverage1 Mortgages ~5x Conservative balance sheet leverage with continued strengthening expected Term Loan LOC Availability Leverage Ratio Senior Notes Healthy Balance of Fixed vs. Floating $500 77% Optimal balance of fixed and $325 $
Slide 21: Dividend and Share Repurchases
Dividend and Share Repurchases CAPITAL MARKETS ACTIVITY DIVIDEND ACTIVITY • In 1H25, repurchased 5,682,061 shares of common • 2Q25 dividend of $0.14 per share. This represents stock at a weighted-average price of $12.58 per an approximate 17% increase in the dividend vs. share for a total considerat
Slide 22: Recent Trends and Near-Term Outlook
Recent Trends and Near-Term Outlook1 • Recent Same-Property2 statistics: • 2Q25 TRevPAR increased 11.0% vs. 2Q24 • 2Q25 RevPAR increased 4.0% with Occupancy up 140 bps and ADR up 2.0% • 2Q25 F&B Revenue increased 20.9% with Other Revenues up 21.4% Renaissance Atlanta Waverly Hotel & Convention Cente
Slide 23: Near-Term Outlook – Guidance
Near-Term Outlook – Guidance1 Current FY 2025 Guidance Variance to Prior Guidance $ in millions, except per share amounts Low High Low High Net Income $58 $72 $15 $3 Same-Property (30 Hotel) RevPAR Change (vs. 2024) 3.50% 5.50% 1.00% (1.00)% Adjusted EBITDAre $249 $263 $14 $2 Adjusted FFO $166 $180
Slide 24: Experienced Management
Experienced Management 23 The Ritz-Carlton, Pentagon City – Arlington, VA
Slide 25: Executive Team with Extensive Track Record
Executive Team with Extensive Track Record Senior Executive Team has an average of 30 years of hotel experience and an average tenure of 12 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 26: 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 27: 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 28: Xenia Hotels & Resorts
XENIA HOTELS & RESORTS
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