XHRXenia Hotels & Resorts, Inc.

$1B

Q1 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$269M+27.9% YoY

Gross Profit

$77M28.4% margin

Operating Income

$34M12.6% margin

Net Income

$6M2.3% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$19M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.6B

Stockholders' Equity

$1.4B

Cash & Equivalents

$283M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$269M	$210M	+27.9%
Gross Profit	$77M	$57M	+33.4%
Operating Income	$34M	$18M	+90.3%
Net Income	$6M	-$5M	+218.0%

Revenue Segments

Occupancy

$154M45%

Food and Beverage

$96M28%

Hotel, Other Indirect

$66M19%

Hotel, Other

$19M6%

Hotel, Other Direct

$6M2%

Geographic Segments

Other Geographic Areas

$60M24%

Orlando, Florida Area

$40M16%

Phoenix, Arizona Area

$37M15%

Houston, Texas Area

$27M11%

San Diego, California Area

$22M9%

Dallas, Texas Area

$20M8%

Atlanta, Georgia Area

$16M6%

San Francisco/ San Mateo, California Area

$13M5%

Washington DC, Maryland/ Virginia Area

$11M4%