XENIA HOTELS RESORTS REIT INC (XHR)
Sector: Real Estate
Sector: Real Estate
XENIA HOTELS RESORTS REIT INC - Executive Compensation
Chair and Chief Executive Officer
Executive Compensation
Marcel Verbaas serves as the Chair and Chief Executive Officer of Xenia Hotels & Resorts, Inc., a real estate investment trust (REIT) specializing in luxury and upper upscale hotels and resorts. With a career spanning several decades in the hospitality and real estate industries, Verbaas has established himself as a seasoned leader with a deep understanding of the sector. Before joining Xenia, he held significant positions at various organizations, including roles at Strategic Hotels & Resorts, where he was instrumental in driving growth and operational excellence. Under Verbaas' leadership at Xenia Hotels & Resorts, the company has seen substantial growth and transformation. He has been pivotal in steering the company through the complexities of the hospitality market, focusing on strategic acquisitions and enhancing the value of their portfolio. His strategic vision has led to the successful expansion of Xenia's portfolio, which now includes over 30 premium properties across the United States. Verbaas' commitment to excellence and innovation has not only elevated Xenia's market position but also fostered a culture of high performance and guest satisfaction within the organization. As CEO, Verbaas is responsible for overseeing the overall strategy and operations of Xenia Hotels & Resorts. His role involves making critical decisions on asset management, capital allocation, and development initiatives to ensure the company's continued success. Verbaas is also dedicated to sustainability and corporate responsibility, initiatives that align with Xenia's mission to create long-term value for shareholders while maintaining a positive impact on the communities they serve. His leadership style, characterized by transparency and collaboration, has been crucial in building a cohesive team that drives the company forward.