In the latest episode of the NAREIT Podcast, Marcel Verbaas, president and CEO of Xenia Hotels & Resorts, Inc. (NYSE: XHR), discussed the REIT’s IPO this month.
Verbaas offered some insight into Xenia’s business strategy. The company focuses on top 25 lodging markets and major leisure destinations. Xenia’s properties consist of premium, full-service hotels; lifestyle hotels; and urban upscale hotels.