diff --git a/drivers/xen/events/events_base.c b/drivers/xen/events/events_base.c
index b352440963ee..a8030332a191 100644
--- a/drivers/xen/events/events_base.c
+++ b/drivers/xen/events/events_base.c
@@ -96,6 +96,7 @@ struct irq_info {
 	struct list_head eoi_list;
 	short refcnt;
 	u8 spurious_cnt;
+	u8 is_accounted;
 	enum xen_irq_type type; /* type */
 	unsigned irq;
 	evtchn_port_t evtchn;   /* event channel */
@@ -161,6 +162,9 @@ static DEFINE_PER_CPU(int [NR_VIRQS], virq_to_irq) = {[0 ... NR_VIRQS-1] = -1};
 /* IRQ <-> IPI mapping */
 static DEFINE_PER_CPU(int [XEN_NR_IPIS], ipi_to_irq) = {[0 ... XEN_NR_IPIS-1] = -1};
 
+/* Event channel distribution data */
+static atomic_t channels_on_cpu[NR_CPUS];
+
 static int **evtchn_to_irq;
 #ifdef CONFIG_X86
 static unsigned long *pirq_eoi_map;
@@ -257,6 +261,32 @@ static void set_info_for_irq(unsigned int irq, struct irq_info *info)
 		irq_set_chip_data(irq, info);
 }
 
+/* Per CPU channel accounting */
+static void channels_on_cpu_dec(struct irq_info *info)
+{
+	if (!info->is_accounted)
+		return;
+
+	info->is_accounted = 0;
+
+	if (WARN_ON_ONCE(info->cpu >= nr_cpu_ids))
+		return;
+
+	WARN_ON_ONCE(!atomic_add_unless(&channels_on_cpu[info->cpu], -1 , 0));
+}
+
+static void channels_on_cpu_inc(struct irq_info *info)
+{
+	if (WARN_ON_ONCE(info->cpu >= nr_cpu_ids))
+		return;
+
+	if (WARN_ON_ONCE(!atomic_add_unless(&channels_on_cpu[info->cpu], 1,
+					    INT_MAX)))
+		return;
+
+	info->is_accounted = 1;
+}
+
 /* Constructors for packed IRQ information. */
 static int xen_irq_info_common_setup(struct irq_info *info,
 				     unsigned irq,
@@ -339,6 +369,7 @@ static void xen_irq_info_cleanup(struct irq_info *info)
 {
 	set_evtchn_to_irq(info->evtchn, -1);
 	info->evtchn = 0;
+	channels_on_cpu_dec(info);
 }
 
 /*
@@ -449,7 +480,9 @@ static void bind_evtchn_to_cpu(evtchn_port_t evtchn, unsigned int cpu,
 
 	xen_evtchn_port_bind_to_cpu(evtchn, cpu, info->cpu);
 
+	channels_on_cpu_dec(info);
 	info->cpu = cpu;
+	channels_on_cpu_inc(info);
 }
 
 /**
@@ -622,11 +655,6 @@ static void xen_irq_init(unsigned irq)
 {
 	struct irq_info *info;
 
-#ifdef CONFIG_SMP
-	/* By default all event channels notify CPU#0. */
-	cpumask_copy(irq_get_affinity_mask(irq), cpumask_of(0));
-#endif
-
 	info = kzalloc(sizeof(*info), GFP_KERNEL);
 	if (info == NULL)
 		panic("Unable to allocate metadata for IRQ%d\n", irq);
@@ -1697,10 +1725,38 @@ static int xen_rebind_evtchn_to_cpu(evtchn_port_t evtchn, unsigned int tcpu)
 	return 0;
 }
 
+/*
+ * Find the CPU within @dest mask which has the least number of channels
+ * assigned. This is not precise as the per cpu counts can be modified
+ * concurrently.
+ */
+static unsigned int select_target_cpu(const struct cpumask *dest)
+{
+	unsigned int cpu, best_cpu = UINT_MAX, minch = UINT_MAX;
+
+	for_each_cpu_and(cpu, dest, cpu_online_mask) {
+		unsigned int curch = atomic_read(&channels_on_cpu[cpu]);
+
+		if (curch < minch) {
+			minch = curch;
+			best_cpu = cpu;
+		}
+	}
+
+	/*
+	 * Catch the unlikely case that dest contains no online CPUs. Can't
+	 * recurse.
+	 */
+	if (best_cpu == UINT_MAX)
+		return select_target_cpu(cpu_online_mask);
+
+	return best_cpu;
+}
+
 static int set_affinity_irq(struct irq_data *data, const struct cpumask *dest,
 			    bool force)
 {
-	unsigned tcpu = cpumask_first_and(dest, cpu_online_mask);
+	unsigned int tcpu = select_target_cpu(dest);
 	int ret;
 
 	ret = xen_rebind_evtchn_to_cpu(evtchn_from_irq(data->irq), tcpu);
@@ -1928,8 +1984,12 @@ void xen_irq_resume(void)
 	xen_evtchn_resume();
 
 	/* No IRQ <-> event-channel mappings. */
-	list_for_each_entry(info, &xen_irq_list_head, list)
-		info->evtchn = 0; /* zap event-channel binding */
+	list_for_each_entry(info, &xen_irq_list_head, list) {
+		/* Zap event-channel binding */
+		info->evtchn = 0;
+		/* Adjust accounting */
+		channels_on_cpu_dec(info);
+	}
 
 	clear_evtchn_to_irq_all();