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How Xenia Hotels & Resorts (XHR) makes money

Xenia Hotels & Resorts (XHR) made $264M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Occupancy brought in $150M (57%); Food and Beverage brought in $88.5M (34%); Other revenues brought in $25.6M (10%).

Drawing the Sankey…

Xenia Hotels & Resorts revenue by segment, Q3 2026Xenia Hotels & Resorts revenue by segment, Q3 2026Occupancy$150MFood and Beverage$88.5MOther revenues$25.6M
Xenia Hotels & Resorts: revenue by line, Q1 2025 to Q3 2026Xenia Hotels & Resorts: revenue by line, Q1 2025 to Q3 2026OccupancyFood and BeverageOther revenuesOccupancy: $150M latest$150MFood and Beverage: $88.5M latest$88.5MOther revenues: $25.6M latest$25.6MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Food and Beverage went from 36% of revenue in Q1 2025 to 34% in Q3 2026, the largest shift in the mix.
Xenia Hotels & Resorts revenue by quarterXenia Hotels & Resorts revenue by quarter$289MQ1 2025$288MQ2 2025$236MQ3 2025$266MQ4 2025$295MQ1 2026$295MQ2 2026$264MQ3 2026
Xenia Hotels & Resorts: where each dollar of revenue goesXenia Hotels & Resorts: where each dollar of revenue goesOperating cash flow27¢Free cash flow21¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Occupancy$150M56.7%-10%+12%
Food and Beverage$88.5M33.6%-14%+14%
Other revenues$25.6M9.7%-3%+5%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$264M100.0%
Operating cash flow$70.6M26.7%
Free cash flow$54.1M20.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$264M+12%
Q2 2026$295M+3%
Q1 2026$295M+2%
Q4 2025$266M+1%
Q3 2025$236M-0.2%
Q2 2025$288M+5%
Q1 2025$289M+8%

From Xenia Hotels & Resorts' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Xenia Hotels & Resorts make money?

Xenia Hotels & Resorts (XHR) made $264M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Occupancy brought in $150M (57%); Food and Beverage brought in $88.5M (34%); Other revenues brought in $25.6M (10%).

What is Xenia Hotels & Resorts' biggest business?

Occupancy: $150M in the third quarter 2026, 57% of revenue, +12% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.