Xenia Hotels & Resorts, Inc. (XHR) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Now I'd like to hand you over to Aldo Martinez, Manager of Finance, to begin. Please go ahead when you're ready. Thank you, Carla. And welcome to Xenia Hotels and Resorts' first quarter 2025 earnings call and webcast. I'm here with Marcel Verbas, our Chair and Chief Executive Officer, Barry Bloom, our President and Chief Operating Officer, and Atish Shah, our Executive Vice President and Chief Financial Officer. Marcel will begin with a discussion on our performance and recent transactions. Barry will follow with more details on operating trends and capital expenditure projects. And Atish will conclude today's remarks on our balance sheet and outlook. We will then open the call for Q&A. Before we get started, let me remind everyone that certain statements made on this call are not historical facts and are considered forward-looking statements. These statements are subject to numerous risks and uncertainties as described in our annual report on Form 10-K and other SEC filings, which could cause our actual results to differ materially from those expressed in or implied by our comments. Forward-looking statements in the earnings release that we issued this morning, along with the comments on this call, are made only as of today, May 2, 2025, and we undertake no obligation to publicly update any of these forward-looking statements as actual events unfold. You can find the reconciliation of non-GAAP financial measures to net income and definitions of certain items referred to in our remarks in our first quarter earnings release, which is available on the investor relations section of our website. The property level information we'll be speaking about today is on the same property basis for all 31 hotels, unless specified otherwise. An archive of this call will be availabl...