GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Xenia Hotels & Resorts Inc (FRA:0XHR) » Definitions » Average Occupancy Rate %

Xenia Hotels & Resorts (FRA:0XHR) Average Occupancy Rate % : 0.00% (As of . 20)


View and export this data going back to 2015. Start your Free Trial

What is Xenia Hotels & Resorts Average Occupancy Rate %?

Average Occupancy Rate % is the percentage of occupied rooms in the property at a given time. It measures the ratio of occupied to total usable rental space. For hotel hospitality industry, a higher occupancy rate is better.

The historical rank and industry rank for Xenia Hotels & Resorts's Average Occupancy Rate % or its related term are showing as below:

FRA:0XHR's Average Occupancy Rate % is not ranked *
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Average Occupancy Rate % only.

Xenia Hotels & Resorts Average Occupancy Rate % Historical Data

The historical data trend for Xenia Hotels & Resorts's Average Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xenia Hotels & Resorts Average Occupancy Rate % Chart



Xenia Hotels & Resorts  (FRA:0XHR) Average Occupancy Rate % Calculation

Average Occupancy Rate % is calculated as

Average Occupancy Rate %=Number of Occupied Rooms / Number of Available Rooms * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Xenia Hotels & Resorts  (FRA:0XHR) Average Occupancy Rate % Explanation

Average Occupancy Rate % is the percentage of occupied rooms to the total amount of available rooms in the hotel at a given time. It is one of the most high-level indicators of the hotel business, providing an indication of anticipated cash flows.

For hotel business, a higher occupancy rate is better. Hotels with low occupancy rates often have worse profitability than similar properties with high occupancy rates, since they have to spend time and money to find additional guests and face the risk of not making money but still having to pay maintenance costs and taxes. In some cases, a low occupancy rate indicates inefficient hotel management.

Applying length of stay (LOS) restrictions is the best way to increase the occupancy rate. Hotels can also improve their occupancy rate by improving the service or investing in advertisement. However, the occupancy rate is also decided by the location of the hotel and the season.


Xenia Hotels & Resorts Average Occupancy Rate % Related Terms

Thank you for viewing the detailed overview of Xenia Hotels & Resorts's Average Occupancy Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xenia Hotels & Resorts (FRA:0XHR) Business Description

Traded in Other Exchanges
Address
200 S. Orange Avenue, Suite 2700, Orlando, FL, USA, 32801
Xenia Hotels & Resorts Inc is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company owns and pursues hotels in the upscale, upper upscale, and luxury segments that are affiliated with leading brands. Its hotels are primarily operated by Marriott, along with Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont, and Loews. The firm's properties are located in various regions across the U.S.: the South Atlantic, West South Central, Pacific, Mountain, and other. Xenia's revenue is divided between room, food and beverage, and other. The room segment contributes to the vast majority of the firm's total revenue. The firm's customer groups include transient business, group business, and contract business.

Xenia Hotels & Resorts (FRA:0XHR) Headlines

No Headlines