Xenia Hotels & Resorts, Inc. Announces Management Changes
November 03, 2017 at 06:50 am EDT
Share
Xenia Hotels & Resorts, Inc. announced that its board of directors elected Marcel Verbaas to the role of Chairman of the Board. Mr. Verbaas will also continue to serve as the company's Chief Executive Officer. In addition, the Board has appointed Barry A.N. Bloom to the position of President and Chief Operating Officer. The current Chairman of the Board, Jeffrey H. Donahue, will now serve as Lead Director of the Board. Mr. Verbaas has served as President and Chief Executive Officer of the company since its formation in 2007 and guided the company through its spin-off from its prior parent company and its listing on the New York Stock Exchange in February 2015. Since listing, Mr. Verbaas has successfully overseen the execution of the company's strategic plan to position the company for long-term value creation by refining and upgrading the portfolio through capital improvements and over $1.6 billion of acquisitions and dispositions. Mr. Bloom joined Xenia in July 2013 and has served as Executive Vice President and Chief Operating Officer since joining the company.
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered real estate investment trust (REIT) that invests in luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as leisure destinations in the United States. The Company owns approximately 32 hotels and resorts comprising 9,514 rooms across 14 states. The Company's hotels are in the luxury and upper upscale segments, and are operated and/or licensed by Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson. Its hotels include Andaz Napa; Andaz San Diego; Andaz Savannah; Bohemian Hotel Savannah Riverfront, Autograph Collection; Fairmont Dallas; Fairmont Pittsburgh; Grand Bohemian Hotel Charleston, Autograph Collection; Grand Bohemian Hotel Mountain Brook, Autograph Collection; Grand Bohemian Hotel Orlando, Autograph Collection; Hyatt Centric Key West Resort & Spa; Hyatt Regency Grand Cypress, and Hyatt Regency Portland at the Oregon Convention Center.
XENIA HOTELS & RESORTS, INC. 
