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Security Profile
- Security Type
- Real Estate Investment Trust (REIT)
- CUSIP
- 984017103
- Market Cap
- Large Cap · $2 Billion
Business: Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in premium full service, lifestyle and urban upscale hotels, with a focus on the Top 25 Markets as well as key leisure destinations in the United States. Xenia owns 46 hotels, comprising 12,636 rooms, across 19 states and the District of Columbia, and has majority interest in other hotels under development. Its hotels are primarily operated by industry leaders such as Marriott, Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont and Loews, as well as leading independent management companies.
Notes: Feb. 4, 2015 -- Inland American Real Estate Trust, Inc. today announced that it has successfully completed the previously announced spin-off of Xenia Hotels & Resorts, Inc. through the pro rata taxable distribution of 95% of the shares of Xenia common
stock to Inland American’s stockholders. Immediately following the distribution, Inland American will continue to own approximately 5% of the outstanding shares of Xenia. Beginning today, Xenia’s common stock will commence trading on the New York Stock Exchange under the symbol XHR. On February 3, 2015, each Inland American stockholder received one share of Xenia common
stock for every eight shares of Inland American common stock they held at the close of business on January 20, 2015, the record date of the spin-off. Inland American stockholders now own shares of common stock in both Inland American and Xenia.
Company Contact
- CEO
- Marcel Verbaas
- CFO
- Andrew J. Welch
- Headquarters
- 200 S. Orange Avenue, Suite 1200, Orlando, FL 32801
- Phone
- 407-317-6950
- Fax
- 866-748-7101
- Investor Relations
- Lisa Ramey · 407-317-6950