Xenia Hotels & Resorts, Inc. (XHR) Q3 2022 Earnings Call Transcript

Nov. 05, 2022 10:47 PM ETXenia Hotels & Resorts, Inc. (XHR)
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Xenia Hotels & Resorts, Inc. (NYSE:XHR) Q3 2022 Earnings Conference Call November 2, 2022 1:00 PM ET

Company Participants

Amanda Bryant - VP, Finance

Marcel Verbaas - Chairman & CEO

Barry Bloom - President & COO

Atish Shah - EVP, CFO & Treasurer

Conference Call Participants

Bryan Maher - B. Riley Securities

Michael Bellisario - Robert W. Baird & Co.

Dori Kesten - Wells Fargo Securities

Stephen Grambling - Morgan Stanley

Aryeh Klein - BMO Capital Markets

Austin Wurschmidt - KeyBanc Capital Markets

William Crow - Raymond James & Associates

Jonathan Jenkins - Oppenheimer

David Katz - Jefferies


Good afternoon, ladies and gentlemen. Thank you for attending today's Xenia Hotels & Resorts Q3 2022 Earnings Conference Call. My name is Tia, and I'll be your moderator for today's call. [Operator Instructions].

I would now like to pass the conference over to your host, Amanda Bryant, VP of Finance. You may proceed.

Amanda Bryant

Thank you, Tia. Good afternoon, and welcome to Xenia Hotels & Resorts Third Quarter 2022 Earnings Call and Webcast. I'm here with Marcel Verbaas, our Chairman and Chief Executive Officer; Barry Bloom, our President and Chief Operating Officer; and Atish Shah, our Executive Vice President and Chief Financial Officer. Marcel will begin with a discussion on our quarterly performance and recent transactions. Barry will follow with more details about our operating trends and capital expenditure projects. And Atish will conclude our remarks with an update on guidance and our balance sheet. We will then open the call for Q&A.

Before we get started, let me remind everyone that certain statements made on this call are not historical facts and are considered forward-looking statements. These statements are subject to numerous risks and uncertainties as described in our annual report on Form 10-K and other SEC filings, which could cause our

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