XHRXenia Hotels & Resorts, Inc.

$1B

Q2 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$271M-4.4% YoY

Gross Profit

$79M29.1% margin

Operating Income

$35M12.9% margin

Net Income

$14M5.1% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$48M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.6B

Stockholders' Equity

$1.4B

Cash & Equivalents

$316M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$271M	$283M	-4.4%
Gross Profit	$79M	$94M	-16.2%
Operating Income	$35M	$51M	-31.0%
Net Income	$14M	$28M	-50.0%

Revenue Segments

Occupancy

$158M46%

Food and Beverage

$92M27%

Hotel, Other Indirect

$66M19%

Hotel, Other

$21M6%

Hotel, Other Direct

$6M2%

Geographic Segments

Other Geographic Areas

$69M29%

Orlando, Florida Area

$34M14%

Houston, Texas Area

$27M11%

Phoenix, Arizona Area

$25M10%

San Diego, California Area

$25M10%

Dallas, Texas Area

$17M7%

Atlanta, Georgia Area

$17M7%

San Francisco/ San Mateo, California Area

$14M6%

Washington DC, Maryland/ Virginia Area

$13M5%