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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Gross Property, Plant and Equipment : $0 Mil (As of Dec. 2023)


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What is Xenia Hotels & Resorts Gross Property, Plant and Equipment?


Xenia Hotels & Resorts Gross Property, Plant and Equipment Historical Data

The historical data trend for Xenia Hotels & Resorts's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Xenia Hotels & Resorts Gross Property, Plant and Equipment Chart

Xenia Hotels & Resorts Annual Data
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Gross Property, Plant and Equipment
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Xenia Hotels & Resorts Quarterly Data
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Xenia Hotels & Resorts Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Xenia Hotels & Resorts  (NYSE:XHR) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Xenia Hotels & Resorts Gross Property, Plant and Equipment Related Terms

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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Business Description

Industry
Traded in Other Exchanges
Address
200 S. Orange Avenue, Suite 2700, Orlando, FL, USA, 32801
Xenia Hotels & Resorts Inc is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company owns and pursues hotels in the upscale, upper upscale, and luxury segments that are affiliated with leading brands. Its hotels are primarily operated by Marriott, along with Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont, and Loews. The firm's properties are located in various regions across the U.S.: the South Atlantic, West South Central, Pacific, Mountain, and other. Xenia's revenue is divided between room, food and beverage, and other. The room segment contributes to the vast majority of the firm's total revenue. The firm's customer groups include transient business, group business, and contract business.
Executives
Bloom Barry A N officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE STE 2700, ORLANDO FL 32801
Arlene Isaacs-lowe director C/O XENIA HOTELS & RESORTS, INC., 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Taylor C. Kessel officer: See Remarks 200 S. ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Joseph T Johnson officer: See Remarks 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Atish Shah officer: See remarks 200 S ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Marcel Verbaas director, officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Terrence Moorehead director C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Keith E Bass director 6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
Mary E Mccormick director 188 E. CAPITOL STREET, 300 ONE JACKSON PLACE, JACKSON MS 39201
Jeffrey H Donahue director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Andrew J Welch officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, STE 1200, ORLANDO FL 32801
Thomas M Gartland director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Brian M Smith director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Beverly K. Goulet, director 10990 ROE AVENUE, OVERLAND PARK KS 66211
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170