Xenia Hotels & Resorts Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: William Andrew Crow - Raymond James & Associates, Inc., Research Division - Analyst : A question on Dallas, which now has, I think, the largest pipeline in the country. And just sort of what are you seeing in Dallas? How much of that is competitive to your downtown assets? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 03, 2022 / 5:00PM, XHR.N - Q1 2022 Xenia Hotels & Resorts Inc Earnings Call

Question: William Andrew Crow - Raymond James & Associates, Inc., Research Division - Analyst : Marcel, is that a long-term hold market, do you think? Or is that one that is more of an opportunistic market? .

Question: William Andrew Crow - Raymond James & Associates, Inc., Research Division - Analyst : One for Atish. Anything on the cancellation/attrition front for April or that you're aware of for the second quarter?

Question: Aryeh Klein - BMO Capital Markets Equity Research - Analyst : On the group side, it doesn't seem like pace changed all that much from the last update. Can you talk to some of the trends that you're seeing there? And maybe some color on individual markets?

Question: Aryeh Klein - BMO Capital Markets Equity Research - Analyst : And then just maybe on the transaction market. Clearly, rates have moved quite a bit here. Has there been any change in investor appetite? Or are you seeing any signs of cap rate movement? How do you think that evolves, I guess, as on the one hand, we have the recovery playing out, but on the other hand, rates moving higher?