Jiayi Chen's questions to Xenia Hotels & Resorts Inc (XHR) leadership • Q4 2024
Question
Jiayi Chen, on for David Katz, asked for the assumptions underpinning the low and high ends of the 2025 guidance, focusing on macroeconomic uncertainty and leisure demand moderation.
Answer
CEO Marcel Verbaas explained that reaching the high end of guidance depends on stronger-than-expected performance from the Grand Hyatt Scottsdale, continued recovery in business transient demand, and stable leisure demand. The low end of the range accounts for greater uncertainty in these transient segments, while the company feels confident in its strong group booking pace.