Xenia Hotels & Resorts recently disclosed that operational disruptions caused by renovation projects at its hotels are expected to negatively impact the company’s financial performance in 2026.

According to the company's forecast, the revenue loss and additional expenses caused by this renovation project will reduce the adjusted EBITDA and adjusted operating funds for 2026 by approximately $1 million each. This renovation project is an important part of the company's asset optimization strategy, aiming to enhance the quality and long-term competitiveness of hotel assets. Although short-term operational adjustments will put pressure on financial indicators, the company's management believes that upgrading hardware facilities and optimizing service experience will help improve future profitability and asset value.