Xenia Hotels & Resorts, a leading REIT specializing in luxury and upper-upscale hotels, has declared a cash dividend of $0.12 per share for the third quarter of 2024. This dividend reflects the company’s strong financial performance and commitment to shareholder value.
Xenia Hotels & Resorts will announce its financial performance for the third quarter of 2024 on November 6th, followed by a conference call the next day to discuss the results with investors and analysts. The call will provide insights into the company’s performance, strategic direction, and future prospects.
Xenia Hotels & Resorts, a REIT specializing in luxury and upper upscale hotels, has sold the 107-room Lorien Hotel & Spa in Alexandria, VA for $30 million. The company plans to use the proceeds for general corporate activities, including potential share buybacks, debt repayment, capital expenditures, and acquisitions.
