Xenia Hotels & Resorts Inc (NYSE:XHR)
$ 15.09 -0.21 (-1.37%) Market Cap: 1.54 Bil Enterprise Value: 2.81 Bil PE Ratio: 65.90 PB Ratio: 1.22 GF Score: 75/100

Q3 2019 Xenia Hotels & Resorts Inc Earnings Call Transcript

Oct 31, 2019 / 05:00PM GMT
Release Date Price: $21.05 (+1.35%)
Operator

Good day, and welcome to the Xenia Hotels & Resorts, Inc. Third Quarter 2019 Earnings Conference Call and Webcast. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Lisa Ramey, Vice President, Finance. Please go ahead.

Lisa Ramey
Xenia Hotels & Resorts, Inc. - VP of Finance

Thank you, Andrew. Good afternoon, everyone, and welcome to the third quarter 2019 earnings call and webcast for Xenia Hotels & Resorts. I'm here with Marcel Verbaas, our Chairman and Chief Executive Officer; Barry Bloom, our President and Chief Operating Officer; and Atish Shah, our Chief Financial Officer.

Marcel will begin with an overview of our third quarter results and highlights. Barry will follow with additional details on our results as well as a discussion of our capital expenditure projects. And Atish will conclude our remarks with a discussion of our current balance sheet and revised 2019 outlook. We will then open the call for Q&A.

Before we get started, let me remind

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