Marcel Verbaas

Chairman of the Board & Chief Executive Officer, XENIA HOTELS & RESORTS INC

Search every verified Marcel Verbaas interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Marcel Verbaas, Chairman and CEO of Xenia Hotels & Resorts, discussed the company's second-quarter 2025 results during an earnings call on August 1, 2025. He stated that the company was pleased with its quarterly performance and positioned to outperform in coming quarters, citing the benefits of its portfolio. Verbaas also addressed capital allocation, noting that the company had repurchased nearly 6 million shares of common stock at an attractive valuation and had successfully disposed of the Fairmont Dallas property. He expressed optimism about future growth prospects for the high-quality portfolio. Regarding capital expenditures, Verbaas said the company acted prudently to reduce spending in an environment where tariffs on important goods remain uncertain and could be meaningful. He credited the project management team with evaluating ongoing and upcoming projects to mitigate any impact, including identifying alternative sources for goods and materials. In response to a question about stock buybacks, he indicated that the company views buybacks as a good tool to drive shareholder value and had been active in repurchasing a large amount of its float at prices roughly in line with current trading levels.