XHRXenia Hotels & Resorts, Inc.

$1B

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$232M-3.6% YoY

Gross Profit

$51M21.8% margin

Operating Income

$8M3.4% margin

Net Income

-$9M-3.7% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-14.4%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$2M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$219M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$232M	$241M	-3.6%
Gross Profit	$51M	$57M	-10.9%
Operating Income	$8M	$16M	-50.3%
Net Income	-$9M	-$2M	-412.9%

Revenue Segments

Occupancy

$139M46%

Food and Beverage

$72M24%

Hotel, Other Indirect

$65M21%

Hotel, Other

$22M7%

Hotel, Other Direct

$6M2%

Geographic Segments

Other Geographic Areas

$63M31%

San Diego, California Area

$30M15%

Orlando, Florida Area

$25M12%

Houston, Texas Area

$22M11%

Dallas, Texas Area

$16M8%

Atlanta, Georgia Area

$16M8%

San Francisco/ San Mateo, California Area

$15M7%

Washington DC, Maryland/ Virginia Area

$11M5%

Phoenix, Arizona Area

$6M3%