Xenia Hotels & Resorts, Inc. (NYSE:XHR) is looking for acquisitions. Marcel Verbaas, Chair and Chief Executive Officer said, "As for the transaction environment, we believe we are very well positioned to remain opportunistic as it relates to essential future acquisitions. We continue to look at opportunities that meet our criteria, including top 25 markets and key leisure destinations.

However, we are willing to be patient as the overall environment continues to evolve and as we evaluate whole avenues to drive shareholder value".