Investor Presentation
Forward-Looking Statements 1
• Company Overview Hyatt Regency Scottsdale Resort & Spa
Xenia’s Portfolio Today Portfolio Characteristics Diversified Branding Key Portfolio Statistics • 39 Hotels • 11,245 15 Rooms Brands • 16 25 • States Markets Fairmont Dallas Waldorf Astoria Atlanta Buckhead Kimpton Hotel Palomar Philadelphia Loews New Orleans 3
Geographic Diversification No single market contributed more than 10% of 2019 Hotel EBITDA 1 Hotels and resorts located across 25 unique lodging markets including the Sunbelt region, various drive-to leisure markets, and several gateway markets 4
Experienced Management Team 5
Business Update • • • • • • • • • • • • 6
Operations Update Month-to- date, through August 22, 2020, the Company’s 35 open and operating properties achieved average occupancy of approximate ly 30% with an ADR of approximately $170, resulting in average RevPAR of approximately $50 7
Liquidity and Balance Sheet Overview Royal Palms Resort & Spa
Liquidity and Balance Sheet Strong liquidity position with no debt maturities until 2022 The Company recently completed a $300M senior secured notes offering increasing its total liquidity to over $500M Staggered Debt Maturity Profile 1 Total Available Liquidity Diverse Capital Sources 1 $300M Senior Secured $564M Mortgage Notes Debt $1.7B Total $306M Debt Line of Credit Balance $487M Term Loans 9
Competitive Advantages Park Hyatt Aviara Golf Club, Resort & Spa
Seasoned Management Team Management team has an average of 27 years of hotel experience and an average tenure of 8 years with Xenia • • MARCEL VERBAAS, CHAIRMAN AND CHIEF EXECUTIVE OFFICER ✓ ✓ ✓ ✓ BARRY BLOOM, PRESIDENT AND CHIEF OPERATING OFFICER ✓ ✓ ✓ ATISH SHAH, CHIEF FINANCIAL OFFICER ✓ ✓ ✓ 11
Well-Positioned Portfolio 12
High-Quality Portfolio of Hotels & Resorts Strategic capital allocation over past five years delivers superior portfolio Xenia’s Current Portfolio 39 $171.32 $29,599 2014 2 Since Listing 5 2015 2016 2017 2018 2019 13
Advantage of Branded Hotels • • • • • • • • 14
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 • • • • • • • • • • • • • • 15
Key Leisure and Drive-To Market Hotels & Resorts 16
Portfolio in Excellent Condition • • • • • • • • 17
Flexible Meeting Space at Many Properties • • • • • • • • • • • 18
✓ ✓ Key ✓ Takeaways ✓ ✓ ✓ ✓ 19
Appendix Andaz Savannah
Hotel Status 21
Definitions 22
Non-GAAP Financial Measures 23
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