Xenia Hotels reports Q1 2026 net income up 27%, boosts full-year guidance on strong hotel performance.

Xenia Hotels & Resorts reported a 26.9% increase in net income to $19.8 million for Q1 2026, driven by higher occupancy and revenue per available room. Adjusted EBITDAre rose 11.6%, and adjusted FFO per share increased 23.5%, reflecting strong operational efficiency and demand growth. The company paid off a $52 million mortgage and declared a $0.14 dividend per share. Due to better-than-expected results, Xenia raised its full-year 2026 outlook, expecting continued growth supported by a solid luxury hotel portfolio and healthy balance sheet.