Xenia Hotels & Resorts, a prominent real estate investment trust (REIT) focused on high-end hospitality, has announced a cash dividend of $0.12 per share of common stock for the third quarter of 2024. This dividend demonstrates the company’s continued financial strength and its dedication to rewarding its investors.
Shareholders of record as of September 30, 2024, will receive the dividend payment on October 15, 2024. This announcement underscores Xenia’s commitment to providing solid returns to its shareholders while simultaneously delivering premium experiences to guests.
Xenia’s portfolio boasts 31 luxurious and upper-upscale hotels, encompassing a total of 9,408 rooms across 14 states. These properties are strategically located in both top 25 lodging markets and key leisure destinations throughout the United States. The company’s partnerships with globally renowned brands, including Marriott, Hyatt, Hilton, Fairmont, Kimpton, Loews, and The Kessler Collection, further solidify its position as a leading player in the hospitality industry.
Xenia’s dedication to prime locations and collaborations with top-tier operators underscores its commitment to excellence. The company’s ongoing expansion strategy ensures its continued growth and success, making this dividend a testament to its strong financial performance and commitment to shareholder value.
