Analyst Ari Klein of BMO Capital maintained a Buy rating on Xenia Hotels & Resorts, retaining the price target of $16.00.
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Ari Klein has given his Buy rating due to a combination of factors that highlight Xenia Hotels & Resorts’ potential for growth despite a challenging market environment. The company’s third-quarter results showed a slight upside, with revenue and margin improvements that exceeded expectations. This performance was driven by a notable increase in revenue per available room (RevPAR) in October, particularly benefiting from the post-renovation ramp-up in Scottsdale, which sets Xenia apart from its competitors.
Furthermore, while the 2025 guidance was slightly moderated, the company’s adjusted funds from operations (FFO) per share surpassed consensus estimates, indicating robust financial health. The outlook for 2026 remains positive, supported by continued growth in Scottsdale and a strong group booking pace. These factors collectively suggest that Xenia is well-positioned for future success, justifying the Buy rating.
According to TipRanks, Klein is a 3-star analyst with an average return of 3.3% and a 51.38% success rate. Klein covers the Real Estate sector, focusing on stocks such as Crown Castle, Xenia Hotels & Resorts, and Digital Realty.