USA | Xenia Hotels & Resorts will celebrate its 10th anniversary by ringing the famous closing bell on wall street.
Xenia Hotels & Resorts, Inc. has announced that it will celebrate the 10th anniversary of its listing on the New York Stock Exchange by ringing The Closing Bell, a famous and momentous event on Wall Street.
"Today, as we celebrate 10 years since our listing on the New York Stock Exchange, we are deeply honored to commemorate this event by ringing the iconic Closing Bell," said Marcel Verbaas, Chair and Chief Executive Officer of Xenia.
"This moment is a testament to the hard work and dedication of our entire team who, throughout the last decade, continued to identify and embrace opportunities to deliver on our promise to drive value for our shareholders, despite unprecedented challenges in the lodging industry.”
Verbass said that the Xenia Hotels & Resorts portfolio is the perfect mix of options for any traveller, offering something tailored to suit all guests. The tenth anniversary of the brand has elevated its growth plan for the company’s future, as well as supported its pipeline of properties heading forth.
“Because of these efforts, our portfolio today is comprised of higher quality hotels and resorts, brand and geographic diversification has significantly improved, our balance sheet is strong, and we are well-positioned to achieve our strategic objectives going forward. As we reflect on this milestone, we look forward to continuing to build on this strong foundation and continue to create shareholder value in the years to come."
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 31 hotels comprising 9,408 rooms across 14 states. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Collection.
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