ORLANDO, Fla. , Nov. 6, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc.
(NYSE: XHR ) ("Xenia" or the "Company") today announced results for the quarter ended September 30, 2024 . Third Quarter 2024 Highlights Net Loss: Net loss attributable to common stockholders was $7.1 million , or $0.
07 per share Adjusted EBITDAre : $44.3 million , decreased 4.4% compared to the third quarter of 2023 Adjusted FFO per Diluted Share: $0.
25 , decreased 3.8% compared to the third quarter of 2023 Same-Property Occupancy: 67.0%, increased 320 basis points compared to the third quarter of 2023 Same-Property ADR: $240.
72 , decreased 3.3% compared to the third quarter of 2023 Same-Property RevPAR: $161.20 , increased 1.
5% compared to the third quarter of 2023. Excluding Grand Hyatt Scottsdale Resort, which underwent a transformative renovation, RevPAR was $168.48 , an increase of 1.
1% compared to the third quarter of 2023. Same-Property Hotel EBITDA : $48.1 million , decreased 6.
3% compared to the third quarter of 2023. Excluding Grand Hyatt Scottsdale Resort, Same-Property Hotel EBITDA was $52.2 million , a decrease of 3.
4% compared to the third quarter of 2023. Same-Property Hotel EBITDA Margin: 20.3%, decreased 200 basis points compared to the third quarter of 2023.
Excluding Grand Hyatt Scottsdale Resort, Hotel EBITDA Margin was 22.3%, a decrease of 144 basis points compared to the third quarter of 2023. Transaction Activity: Sold the 107-room Lorien Hotel & Spa in Alexandria, VA for $30.
0 m.