Investor Presentation · 2020. 9. 2. · Xenia’s Portfolio Today ... 3. No single market...
Transcript of Investor Presentation · 2020. 9. 2. · Xenia’s Portfolio Today ... 3. No single market...
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Investor Presentation
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Forward-Looking Statements
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Hyatt Regency Scottsdale Resort & Spa
•Company Overview
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Xenia’s Portfolio Today
Portfolio Characteristics Diversified Branding Key Portfolio Statistics
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39Hotels
16States
25Markets
15Brands
11,245Rooms
Kimpton Hotel Palomar Philadelphia Fairmont Dallas Waldorf Astoria Atlanta Buckhead Loews New Orleans
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No single market contributed more than 10% of 2019 Hotel EBITDA1
Geographic Diversification
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Hotels and resorts located across 25 unique lodging markets including the Sunbelt region, various drive-to leisure markets, and several gateway markets
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Experienced Management Team
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Business Update
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Operations Update
Month-to-date, through August 22, 2020, the Company’s 35 open and operating properties achieved average occupancy of approximately 30% with an ADR of approximately $170, resulting in average RevPAR of approximately $50
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Royal Palms Resort & Spa
Liquidity and Balance Sheet Overview
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Liquidity and Balance Sheet
Total Available Liquidity
Strong liquidity position with no debt maturities until 2022
$300MSenior Secured
Notes$564M Mortgage
Debt
$306M Line of Credit
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$487M Term Loans
$1.7BTotal Debt
Diverse Capital Sources1
The Company recently completed a $300M senior secured notes offering increasing its total liquidity to over $500M
Staggered Debt Maturity Profile1
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Competitive Advantages
Park Hyatt Aviara Golf Club, Resort & Spa
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Seasoned Management Team
MARCEL VERBAAS, CHAIRMAN AND CHIEF EXECUTIVE OFFICER
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BARRY BLOOM, PRESIDENT AND CHIEF OPERATING OFFICER
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ATISH SHAH, CHIEF FINANCIAL OFFICER
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Management team has an average of 27 years of hotel experience and an average tenure of 8 years with Xenia
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Well-Positioned Portfolio
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Strategic capital allocation over past five years delivers superior portfolio
High-Quality Portfolio of Hotels & Resorts
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20142 2015 2016 2017 2018 2019 Since Listing5
Xenia’s Current Portfolio
39 $171.32 $29,599
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Advantage of Branded Hotels
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Focus on Key Leisure and Drive-To Market Hotels & Resorts
Key leisure and drive-to destinations have had the quickest ramp-up to stabilization in the current environment
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Key Leisure and Drive-To Market Hotels & Resorts
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Portfolio in Excellent Condition
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Flexible Meeting Space at Many Properties
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Key Takeaways
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Andaz Savannah
Appendix
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Hotel Status
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Definitions
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Non-GAAP Financial Measures
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