Xenia Hotels & Resorts, Inc. · NYSE:XHR
Xenia Hotels & Resorts — Investor Presentation (March 2022)
36 slides from Xenia Hotels & Resorts's investor presentation, Mar 1, 2022
Slide 1: Investor Presentation March 2022
Investor Presentation March | 2022
Slide 2: Forward-Looking Statements
1 Forward-Looking Statements
Slide 3: Hyatt Centric Key West Resort & Spa - Key West, FL
aS . \ Hyatt Centric Key Wagt Resort & Spa - KeY West, FL : 2
Slide 4: Transaction-Oriented Mindset
Transaction-Oriented Mindset Focus on diversification, quality, and portfolio enhancement Flexible Balance Sheet Emphasis on a flexible balance sheet and prudent capital allocation Aggressive Asset Management Initiatives Leveraging strong relationships with both brands and managers Hyatt Regency Por
Slide 5: Portfolio Composition and Key Portfolio Statistics
Portfolio Composition Portfolio Characteristics Diversified Branding Key Portfolio Statistics • • • • 33 Hotels 13 States 21 Markets 14 Brands 9,468 Rooms Kimpton Hotel Palomar Philadelphia Fairmont Dallas Waldorf Astoria Atlanta Buckhead Loews New Orleans Hotel 4
Slide 6: Geographic Diversification
Geographic Diversification 5 • • •
Slide 7: Key Leisure and Drive-To Market Hotels & Resorts
Key Leisure and Drive-To Market Hotels & Resorts 6
Slide 8: Balance Sheet, Liquidity and Debt Maturity Profile
As of December 31, 2021 Balance Sheet Liquidity Debt Mix Debt Summary Debt Maturity Profile2 7 26% 8% 66% $1B Senior Notes $390M Property Level Debt $125M Term Loans $1.5B Total Debt
Slide 9: Experienced Management Team
8 Experienced Management Team
Slide 10: Luxury and Upper Upscale RevPAR expected to grow significantly
Luxury and Upper Upscale RevPAR expected to grow significantly Luxury and Upper Upscale RevPAR Has Historically Rebounded Strongly After Downturns
Slide 11: Transaction Update
Transaction Update 10
Slide 12: Pending Transaction – W Nashville
Pending Transaction – W Nashville 11
Slide 13: Investment Rationale
Investment Rationale 12 High quality, newly constructed luxury lifestyle hotel that is one of the premier hotels in Nashville with best-in- class technology, design, and amenities, including expansive spaces for dining, entertainment, and events. Strong fundamentals driving market demand and growth.
Slide 14: Nashville Market
Nashville Market 13 5.4% 8.7% 1987-2019 RevPAR CAGR1 2009-2019 RevPAR CAGR1 Nashville is one of the most dynamic growth markets in the country and economic activity has accelerated in the last 18 months, as more companies increase their presence in the market. W Nashville’s location in the LEED-cert
Slide 15: W Nashville
W Nashville THE DEN
Slide 16: W Nashville
W Nashville EWOW SUITE BEDROOM STANDARD DOUBLE DOUBLE
Slide 17: W Nashville
W Nashville SPANISH STEPS 9 ORY 4 . . : 5__4_iA_s.. a ‘ a \ \ Soe x LIVING ROOM LOBBY BAR —= \\ — \, PROOF ROOFTOP BAR a Li es a 2 ee =r = -_- IoI————_—_ iA —. ,—~4 Bi 1 9 “if 2 16
Slide 18: W Nashville
W Nashville BARISTA PARLOR THE DUTCH ~
Slide 19: W Nashville
W Nashville PROOF ROOFTOP BAR | THE DUTCH ‘3 aa Vows oe | , mul = PARNENORE Le ~ ul Be: : 5 w " dai = 7 18 = ay \ CARNE MARE ITALIAN CHOPHOUSE _ Semana
Slide 20: W Nashville
W Nashville MEETING PREFUNCTION SPACE BOARDROOM “19 GREAT ROOM
Slide 21: Bohemian Hotel Savannah Riverfront, Autograph Collection - Savannah, GA
Bohemian Hotel Savannah Riverfront, Autograph Collection - Savannah, GA
Slide 22: Current Same-Property Trends
• Current Same-Property Trends1 21 2021 Occupancy (%) ADR ($) RevPAR ($) Occupancy change in bps ADR % change RevPAR % change October 58.6 248.45 145.52 (2,207) 2.4 (25.6) November 58.5 238.97 139.88 (1,547) 6.9 (15.4) December 52.1 237.48 123.64 (1,309) 15.5 (7.7) Q4 56.4 241.82 136.31 (1,689) 7.4
Slide 23: Sequential Operating Performance Improvement
22 Sequential Operating Performance Improvement Current Same-Property1 Quarterly Operating Performance $192 $220 $228 $242 $68 $114 $126 $136 35.5% 51.7% 55.4% 56.4% Q1 2021 Q2 2021 Q3 2021 Q4 2021
Slide 24: Kimpton Hotel Monaco Salt Lake City - Salt Lake City, UT
= r AS BRE | PE REEUITEEL Peery TERSE=1 Kimpton Hotel Monaeosa ake ‘City - Salt Lake City, UT ro
Slide 25: High-Quality Portfolio of Hotels and Resorts
High-Quality Portfolio of Hotels and Resorts Focus on Key Leisure and Drive-to Markets Seasoned Management Team Strong Portfolio Attributes vs. Peers Aligned with Leading Hotel Brands Well-Positioned Portfolio Deeply Committed ESG Focus 24
Slide 26: High-Quality Portfolio of Hotels & Resorts
High-Quality Portfolio of Hotels & Resorts 25 Strategic capital allocation over past seven years delivers superior portfolio 20141 2015 2016 2017 2018 2019 2020 2021 2022 Since Listing2
Slide 27: Focus on Key Leisure and Drive-To Markets
26 Focus on Key Leisure and Drive-To Markets
Slide 28: Aligned with Leading Hotel Brands
• • • • • • • • 27 99% of properties are brand affiliated Aligned with Leading Hotel Brands
Slide 29: Seasoned Management Team
28 Seasoned Management Team MARCEL VERBAAS, CHAIRMAN AND CHIEF EXECUTIVE OFFICER ✓ ✓ ✓ ✓ BARRY BLOOM, PRESIDENT AND CHIEF OPERATING OFFICER ✓ ✓ ✓ ATISH SHAH, CHIEF FINANCIAL OFFICER ✓ ✓ ✓ Senior Executive Team has an average of 27 years of hotel experience and an average tenure of 10 years with Xeni
Slide 30: Strong Portfolio Attributes vs. Peers
29 Strong Portfolio Attributes vs. Peers • • • • • • • • • • •
Slide 31: Well-Positioned Portfolio
Well-Positioned Portfolio Portfolio in Excellent Condition Flexible Meeting Space at Many Properties Significant Growth Opportunities • • • • • • • • • • • • • • 30
Slide 32: Deeply Committed ESG Focus
Deeply Committed ESG Focus ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 31
Slide 33: Key Takeaways
✓ ✓ ✓ ✓ ✓ ✓ Key Takeaways 32
Slide 34: Definitions
Definitions XENIA HOTELS & RESORTS Same-Property: “Same-Property” includes all hotels owned as of December 31, 2021, except for Hyatt Regency Portland at the Oregon Convention Center. Includes hotels that had temporarily suspended operations for a portion of the twelve months ended December 31, 2020
Slide 35: Non-GAAP Financial Measures
34 Non-GAAP Financial Measures
Slide 36: Xenia Hotels & Resorts
XENIA HOTELS & RESORTS
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