Filing Flows › Xenia Hotels & Resorts (XHR) › Q3 2026 › vs Q2 2026
Xenia Hotels & Resorts (XHR) Q3 2026 vs Q2 2026 (quarter over quarter)
Xenia Hotels & Resorts's revenue fell $31.7M (-11%) from $295M in Q2 2026 to $264M in Q3 2026. The biggest changes: Occupancy −$17.0M (-10%); Food and Beverage −$13.9M (-14%); Other revenues −$751K (-3%).
Xenia Hotels & Resorts, Q3 2026: revenue $264M (+12% year over year), operating margin 6.2%, net loss $2.9M, operating cash flow $70.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 20.5% | 12.2% | +8.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Occupancy | $150M | $167M | −$17.0M | -10% |
| Food and Beverage | $88.5M | $102M | −$13.9M | -14% |
| Other revenues | $25.6M | $26.4M | −$751K | -3% |
| Revenue | $264M | $295M | −$31.7M | -11% |
| Income tax benefit | $603K | −$1.1M | $1.7M | — |
| Net loss | $2.9M | $20.7M | −$17.8M | -86% |
| Costs & expenses | $267M | $316M | −$48.9M | -15% |
| Operating costs | $248M | $295M | −$47.9M | -16% |
| Interest & other, net | $19.8M | $19.7M | $63K | +0.3% |
| Cost of revenue | $191M | $198M | −$7.0M | -4% |
| General & admin | $10.5M | $11.2M | −$736K | -7% |
| Other operating costs | $45.8M | $86.0M | −$40.2M | -47% |
| Operating cash sources | $73.5M | $72.1M | $1.3M | +2% |
| Depreciation | $31.2M | $31.8M | −$581K | -2% |
| Share-based compensation | $3.4M | $4.8M | −$1.3M | -28% |
| Working capital & other | $38.8M | $35.6M | $3.2M | +9% |
| Net loss absorbed | $2.9M | $20.7M | −$17.8M | -86% |
| Operating cash flow | $70.6M | $51.4M | $19.1M | +37% |
| Free cash flow (OCF − capex) | $54.1M | $36.1M | $18.1M | +50% |
| Capital expenditures | $16.4M | $15.4M | $1.1M | +7% |
Questions
How much did Xenia Hotels & Resorts's revenue grow quarter over quarter in Q3 2026?
Xenia Hotels & Resorts's revenue fell $31.7M (-11%) from $295M in Q2 2026 to $264M in Q3 2026.
What drove Xenia Hotels & Resorts's revenue change in Q3 2026?
Occupancy −$17.0M (-10%); Food and Beverage −$13.9M (-14%); Other revenues −$751K (-3%).