Xenia Hotels & Resorts (XHR) Q2 FY26 earnings call

Xenia Hotels & Resorts delivered solid Q2 FY26 results, exceeding expectations with robust RevPAR growth primarily driven by rate. The company raised its full-year adjusted EBITDAre and RevPAR guidance, reflecting confidence in strong group and transient demand for the second half. While expense growth outpaced revenue, impacting margins, the balance sheet remains strong with ample liquidity and a well-laddered debt maturity profile.