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Xenia Hotels & Resorts XHR Management and franchise fees — Expenses

Other product segments

Undistributed expenses
$67.87M-0.9%
Food and beverage expenses
$66.34M-0.3%
Rooms expenses
$39.36M+0.1%
Real estate taxes, personal property taxes and insurance
$12.25M-10.8%

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Other financials

Income statement

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Revenue$295.4M+2.2%
Gross profit$99.8M+6.9%
Operating income$41.6M+16.1%
Net income$19.8M+26.9%
EPS (diluted)$0.21+40.0%

Balance sheet

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Cash & equivalents$179.6M-1.4%
Total debt$1.5B-0.6%
Total equity$1.1B-5.6%
Total assets$2.8B-4.1%

Cash flow

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Operating cash flow$45.0M-17.8%
CapEx$15.2M-52.9%
Free cash flow$29.8M+32.9%

Valuation

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Market cap$1.82B+49.3%
Enterprise value$3.13B+27.0%
P/E27.1×+7.9×
P/S1.7×+0.5×

Profitability

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Gross margin31%+1.1pp
Operating margin10.4%+1.5pp
Net margin6.2%+4.0pp
FCF margin9%+3.8pp

Returns & leverage

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Return on equity5.7%+3.8pp
Debt / equity1.3×+0.1×

Where this comes from

Reported directly by Xenia Hotels & Resorts in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Xenia Hotels & Resorts’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:43 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029383

The Company incurred management and franchise fee expenses of $12.1 million and $12.0 million for the three months ended March 31, 2026 and 2025, respectively, which are included on the condensed consolidated statements of operations and comprehensive income for the periods then ended.

Item 1. Financial Statements

FAQ

What is Xenia Hotels & Resorts's management and franchise fees — expenses?
Xenia Hotels & Resorts (XHR) reported management and franchise fees — expenses of $12.1M in Q1 2026.
How has Xenia Hotels & Resorts's management and franchise fees — expenses changed year-over-year?
Xenia Hotels & Resorts's management and franchise fees — expenses increased by 0.8% year-over-year, from $12M to $12.1M.
What is the long-term trend for Xenia Hotels & Resorts's management and franchise fees — expenses?
Over 4 years (2021 to 2025), Xenia Hotels & Resorts's management and franchise fees — expenses has grown at a 14.7% compound annual growth rate (CAGR), from $22.5M to $39M.
What does management and franchise fees — expenses mean?
This metric represents the total operating costs incurred by the company for management and franchise services associated with its hotel property portfolio. It captures the contractual fees paid to third-party operators and brand franchisors to maintain property standards and operational oversight. Monitoring these expenses is essential for evaluating the cost structure of the company's asset-management model and its impact on property-level profitability.

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