ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Xenia Hotels & Resorts Inc. (XHR) on Tuesday reported a key measure of profitability in its fourth quarter.

The Orlando, Florida-based real estate investment trust said it had funds from operations of $43.1 million, or 45 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $6.1 million, or 7 cents per share.

The real estate investment trust that owns hotels, based in Orlando, Florida, posted revenue of $265.6 million in the period.

For the year, the company reported funds from operations of $174.7 million. Revenue was reported as $1.08 billion.

Xenia Hotels & Resorts expects full-year funds from operations in the range of $1.78 to $1.99 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XHR at https://www.zacks.com/ap/XHR

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