The I/O-addresses of the devices which can be found with
cat /proc/ioports can be redirected from the Xen dom0. You have to enter the address range of the device you want to use in a domU in their configuration file (/etc/xen/domain-config). For my parallel port it would be:
ioports = [ '0278-027a' ]
Further I make sure that my dom0 does not access the device by removing parallel port support in the kernel configuration. When you boot then a domU kernel with parallel port and printer support it can access the device natively. Here a cut out from
parport0: PC-style at 0x278 [PCSPP,TRISTATE]
parport0: Printer, Hewlett-Packard HP LaserJet 6P
lp0: using parport0 (polling).
In CUPS the printer is now accessible under /dev/lp0.
Unfortunately the documentation about this feature of Xen is a little bit rare. Another interesting thing is the redirection of PCI devices to a domU. Unfortunately I did not test this at my setup yet. I hope to come back to this topic later. For your creativity here some more examples from the net: