Stock News in Focus: Xenia Hotels & Resorts (NYSE:XHR)

On Tuesday Xenia Hotels & Resorts (NYSE:XHR) stock plunged -0.71% and closed at 21.03. The stock opened the session at $21.23 and touched its highest price point at $21.29. Its recent trading capacity is 476682 shares versus to its average trading volume of 615321 shares. The company’s stock’s lowest price point for the session stood at $21.03.XHR traded as low as $ 16.47 in the past 52 weeks, and shares hit its peak level to $23.33.

On Nov. 19, 2019, Xenia Hotels & Resorts (NYSE:XHR) notified that its Board of Directors has authorized a cash dividend of $0.275 per share of the Company’s common stock for the fourth quarter 2019.  The dividend will be paid on January 15, 2020 to all holders of record of the Company’s common stock as of the close of business on December 31, 2019.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,167 rooms across 17 states. Xenia’s hotels are primarily in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection, Sage Hospitality, and Davidson Hotels & Resorts.

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