5/3/2022

speaker
Bethany
Moderator

Good afternoon. Thank you for attending today's Xenia Hotels and Resorts Q1 earnings conference call. My name is Bethany and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press star 1 on your telephone keypad. I would now like to pass the conference over to our host, Amanda Bryant, VP of Finance with Xenia Hotels and Resorts. Please go ahead.

speaker
Amanda Bryant
Vice President of Finance

Thank you, Bethany. Good afternoon, and welcome to Xenia Hotels and Resorts first quarter 22 earnings call and webcast. I'm here with Marcel Verbas, our chairman and chief executive officer, Barry Bloom, our president and chief operating officer, and T. Shaw, our executive vice president and chief financial officer. Marcel will begin with the discussion on industry fundamentals, our quarterly performance, and an update on our portfolio strategy. Barry will follow with more details about our operating results, recent operating trends, and status of our capital expenditure projects. And Atish will conclude our remarks with an update on our balance sheet, group business, and our earnings profile. We will then open the call for Q&A. Before we get started, let me remind everyone that certain statements made on this call are not historical facts and are considered forward-looking statements. These statements are subject to numerous risks and uncertainties as described in our annual report on Form 10-K and other SEC filings, which could cause our actual results to differ materially from those expressed in or implied by our comments. Forward-looking statements and the earnings release that we issued this morning along with the comments on this call are made only as of today, May 3rd, 2022, and we undertake no obligation to publicly update any of these forward-looking statements as actual events unfold. You can find a reconciliation of non-GAAP financial measures to net loss and definitions of certain items referred to in remarks in this morning's earnings release. The property level portfolio information we'll be speaking about today is on a same property basis for 32 hotels, excluding Hyatt Regency Portland at the Oregon Convention Center and W Nashville. An archive of this call will be made available on our website for 90 days. I will now turn it over to Marcel to get started.

speaker
Marcel Verbas
Chairman and Chief Executive Officer

Thanks, Amanda, and good afternoon to all of you joining our call today.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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