Xenia Hotels & Resorts' (NYSE:XHR) pending sale of the Renaissance Austin Hotel is terminated as the the transaction didn't close by the extended closing date of April 16, 2020.

Xenia retains the $2M deposit that was previously released from escrow.

Regarding Xenia's operations during the COVID-19 pandemic, XHR temporarily suspends operations at an additional seven hotels since the last update, bringing the total number to 31 properties.

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