Xenia Hotels & Resorts, Inc. (XHR) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Xenia Hotels & Resorts published the results on November 3, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Xenia Hotels & Resorts reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted FFO per diluted share, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Xenia Hotels & Resorts is a REIT. Revenue here is the "Total revenues" line of its GAAP statement of operations, and the rows above are that statement's revenue lines, not reporting segments. The adjusted line is Adjusted FFO per diluted share, a non-GAAP measure Xenia reconciles to net income in its release.
• Xenia sold the 85-room Kimpton RiverPlace Hotel in Portland, Oregon, in July 2026 for $11 million, after recording a $38.8 million impairment on it in the second quarter. Q2 2026 GAAP results, a loss of $0.21 per share, include that impairment.

Source: Xenia Hotels & Resorts Q3 2026 results, November 3, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Xenia Hotels & Resorts splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Xenia Hotels & Resorts's Rooms revenue was $150 million in Q3 2026, up 12% from $134 million in Q3 2025, 57% of total revenue.
• Xenia Hotels & Resorts's Food and beverage revenue was $88.5 million in Q3 2026, up 14% from $77.8 million in Q3 2025, 34% of total revenue.
• Xenia Hotels & Resorts's Other revenue was $25.6 million in Q3 2026, up 5% from $24.4 million in Q3 2025, 10% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Xenia's guidance table gives full year 2026 ranges: Same-Property RevPAR change of 7.75% to 8.25%, Adjusted EBITDAre of $278 million to $284 million and Adjusted FFO per diluted share of $2.08 to $2.14.

In its Q3 2026 release, Xenia Hotels & Resorts said:

“As a result of our significant third quarter and October outperformance compared to our prior expectations, as well as continued confidence in the strength of demand for the remainder of the year, we have raised our outlook for full year 2026 meaningfully.”

“We have increased the midpoint of our full year 2026 guidance for Adjusted EBITDAre by $8 million and Adjusted FFO per share by $0.09 compared to prior guidance.”

“Furthermore, this guidance assumes no additional acquisitions, dispositions, equity issuances, or share and/or senior note repurchases.”

Source: Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026.

This is the company's own guidance as of Nov 3, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the XHR forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP total revenues and net income (loss) per share available to common stockholders, basic and diluted, each as first reported in that quarter's release.

We do not hold a confirmed date for Xenia Hotels & Resorts's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 3, 2026

Xenia Hotels & Resorts reported total revenues of $263.8 million for Q3 2026, up $27.4 million, or 11.6%, from $236.4 million. Rooms brought in $149.7 million, food and beverage $88.5 million and other revenues $25.6 million. Xenia owns 29 luxury and upper upscale hotels and resorts with 8,783 rooms across 14 states. (Xenia Hotels & Resorts Form 10-Q, Q3 2026, Nov 3, 2026; Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

Rooms revenues rose 11.5%, which the 10-Q attributes to higher occupancy and ADR and to growth at Grand Hyatt Scottsdale Resort as it ramps up after its renovation. Food and beverage revenues rose 13.8%, helped by banquet and catering revenues from strong group business. Each line is net of the sale of Kimpton RiverPlace Hotel in July 2026, which took $1.2 million out of rooms revenues and $0.7 million out of food and beverage. (Xenia Hotels & Resorts Form 10-Q, Q3 2026, Nov 3, 2026)

On the same-property set of 29 hotels, RevPAR was $184.75, up 12.5%, from occupancy of 70.0% (up 380 basis points) and an average daily rate of $264.00 (up 6.4%). Total RevPAR, which includes food, beverage and other spending, was $325.71, up 12.7%. Xenia credited broad-based group and corporate transient demand plus extra leisure demand from several large events, with the strongest RevPAR growth in Philadelphia, New Orleans, San Diego, Santa Clara, Pittsburgh, Houston, Key West and Orlando. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

Xenia's hotels are run by the big brand companies. About 86.1% of its rooms operate under Marriott or Hyatt brands, and of its brand-managed hotels about 45% by room count are managed by Marriott and its affiliates and about 40% by Hyatt. (Xenia Hotels & Resorts Form 10-K, 2025, Feb 24, 2026)

Xenia Hotels & Resorts posted a net loss attributable to common stockholders of $2.7 million, or $0.03 per diluted share, against a loss of $13.7 million, or $0.14, a year earlier. Operating income rose to $16.3 million from $4.7 million on higher hotel operating income, and interest expense fell to $20.3 million from $21.8 million. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

As a REIT, Xenia reports FFO, which adds back depreciation and amortization related to investment properties ($31.2 million in the quarter). FFO attributable to common stock and unit holders was $28.3 million. Adjusted FFO, which also adds back share-based compensation ($3.4 million), loan related costs and other non-recurring expenses, was $34.6 million, or $0.36 per diluted share, up 56.5% from $0.23. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

Xenia's share count is lower after last year's buybacks: 92,245,835 weighted-average diluted shares for the GAAP figure, against 95,209,147 a year earlier. It repurchased no shares in Q3 2026 and has $97.5 million left under its repurchase authorization. It declared a third quarter dividend of $0.14 per share. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Xenia Hotels & Resorts gives full-year guidance in each release and raised it this quarter. For 2026 it now expects Same-Property RevPAR growth of 7.75% to 8.25% (from 4.75% to 6.25%), Adjusted EBITDAre of $278 million to $284 million and Adjusted FFO per diluted share of $2.08 to $2.14, up $0.09 at the midpoint. The guidance assumes no further acquisitions, dispositions, equity issuances or repurchases. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

Xenia estimates Same-Property RevPAR rose about 8% in October 2026 compared with October 2025. Full-year capital expenditures are guided to $70 million to $75 million, including renovations of Andaz Napa and The Ritz-Carlton, Denver that are set to begin in early December. (Xenia Hotels & Resorts Q3 2026 release, Nov 3, 2026)

A consensus figure is the average of the models published by the analysts who cover Xenia Hotels & Resorts, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Xenia Hotels & Resorts's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning XHR is on is XHR a buy or a sell?, what analysts expect next is on the XHR forecast, and what the company does is on the Xenia Hotels & Resorts, Inc. (XHR) stock page.

Every number on this page can be traced to a document Xenia Hotels & Resorts published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.