Earnings summaries and quarterly performance for Apple Hospitality REIT.
Executive leadership at Apple Hospitality REIT.
Justin G. Knight
Detailed
Chief Executive Officer
CEO
Elizabeth S. Perkins
Detailed
Senior Vice President and Chief Financial Officer
Glade M. Knight
Detailed
Executive Chairman
Jeanette A. Clarke
Detailed
Senior Vice President and Chief Capital Investments Officer
Karen C. Gallagher
Detailed
Senior Vice President and Chief Operating Officer
Matthew P. Rash
Detailed
Senior Vice President, Chief Legal Officer and Secretary
Nelson G. Knight
Detailed
President, Real Estate and Investments
Rachel S. Labrecque
Detailed
Senior Vice President and Chief Accounting Officer
Board of directors at Apple Hospitality REIT.
Research analysts who have asked questions during Apple Hospitality REIT earnings calls.
Austin Wurschmidt
KeyBanc Capital Markets Inc.
5 questions for APLE
Also covers: AHR, AIV, AMH +20 more
Chris Darling
Green Street
5 questions for APLE
Also covers: DRH, GLPI, HST +6 more
Michael Bellisario
Robert W. Baird & Co.
5 questions for APLE
Also covers: AHT, BHR, CHH +11 more
Aryeh Klein
BMO Capital Markets
4 questions for APLE
Also covers: CLDT, DLR, EQIX +7 more
Jay Kornreich
Wedbush Securities
4 questions for APLE
Also covers: BNL, EPRT, GLPI +6 more
Cooper Clark
Wells Fargo
3 questions for APLE
Also covers: AVB, BRX, CSR +16 more
Dori Kesten
Wells Fargo & Company
2 questions for APLE
Also covers: BRX, DRH, FRT +14 more
Ken Billingsley
Compass Point
2 questions for APLE
Kenneth Billingsley
Compass Point Research & Trading LLC
2 questions for APLE
Also covers: CURB, DRH, KRG +5 more
Ari Klein
BMO Capital Markets
1 question for APLE
Also covers: AMT, CCI, DLR +7 more
Daniel Hogan
Baird
1 question for APLE
Also covers: BHR, DRH, HST +5 more
Floris Gerbrand van Dijkum
Compass Point Research & Trading, LLC
1 question for APLE
Also covers: AKR, ALX, BRX +14 more
Floris van Dijkum
Compass Point Research & Trading
1 question for APLE
Also covers: AKR, ALX, BRX +19 more
Jack Armstrong
Wells Fargo
1 question for APLE
Also covers: DRH, HST, RLJ +3 more
Joshua Friedland
KeyBanc Capital Markets
1 question for APLE
Also covers: INN, XHR
Michael Herring
Green Street Advisors, LLC
1 question for APLE
Tyler Batory
Oppenheimer & Co. Inc.
1 question for APLE
Also covers: BZH, PLYA, PRSU +7 more
Recent press releases and 8-K filings for APLE.
Apple Hospitality REIT, Inc. Reports Q3 2025 Results and Provides November 2025 Operating Statistics
APLE
Earnings
Share Buyback
Demand Weakening
- Apple Hospitality REIT, Inc. reported Q3 2025 Comparable Hotels RevPAR of $124.01, Occupancy of 76.2%, and ADR of $162.68, representing year-over-year decreases of 1.8%, 1.2%, and 0.6% respectively.
- Modified Funds From Operations (MFFO) per share for Q3 2025 was $0.42, a 6.7% decrease from Q3 2024.
- The company repurchased approximately 3.8 million common shares for an aggregate of approximately $48.3 million year-to-date through October 2025, at a weighted-average market purchase price of approximately $12.73 per common share.
- As of September 30, 2025, the company had $698 million in available liquidity and a Net Debt to TTM EBITDA ratio of 3.3x.
1 day ago
Apple Hospitality REIT, Inc. Reports Q3 2025 Results and Operational Update
APLE
Earnings
Share Buyback
New Projects/Investments
- Apple Hospitality REIT, Inc. reported Q3 2025 Comparable Hotels RevPAR of $124.01, a 1.8% decrease year-over-year, with Adjusted Hotel EBITDA of $128.58 million, down 6.7%, and MFFO per share of $0.42, down 6.7% compared to Q3 2024.
- For the nine months ended September 30, 2025, Comparable Hotels RevPAR was $121.67, a 1.4% decrease year-over-year, with MFFO per share at $1.21, down 6.2% from the same period in 2024.
- The company maintained a strong balance sheet with 34% Net Total Debt to Total Capitalization and approximately $648 million in available revolving credit facility capacity as of September 30, 2025.
- Year-to-date through October 2025, the company repurchased approximately 3.8 million common shares for an aggregate of $48.3 million at a weighted-average price of $12.73 per share.
- In 2025, the company acquired one hotel and sold five hotels, with four hotels under contract for purchase and two hotels under contract for sale.
Nov 19, 2025, 9:15 PM
APLE Reports Q3 2025 Financial Results Amidst Strategic Capital Allocation and Operational Headwinds
APLE
Earnings
Share Buyback
New Projects/Investments
- For Q3 2025, comparable hotels' RevPAR decreased by 1.8% to $124, with adjusted hotel EBITDA at $129 million (down 7% year-over-year) and MFFO per share at $0.42 (down 7% year-over-year).
- The company continued its capital allocation strategy, selling three hotels for $37 million year-to-date and repurchasing 3.8 million shares for $48 million through October.
- APLE is investing in future growth with new developments, including an AC Hotel in Anchorage for $66 million and a dual-branded AC Hotel and Residence Inn in Las Vegas for $144 million, both anticipated to open in 2027-2028.
- Operating performance faced headwinds from policy uncertainty, expense pressure, and reduced government travel, leading to a 3% decline in October 2025 comparable hotels' RevPAR versus October 2024 due to a government shutdown.
Nov 4, 2025, 4:00 PM
Apple Hospitality REIT Reports Q3 2025 Results and Updates 2025 Guidance
APLE
Earnings
Guidance Update
New Projects/Investments
- For Q3 2025, Comparable Hotels' RevPAR was $124, a 1.8% decrease, with 76% occupancy and $163 ADR. Total revenue for the quarter was $365 million and adjusted hotel EBITDA was $129 million.
- Apple Hospitality REIT completed the sale of three hotels for a combined $37 million year-to-date and repurchased approximately 3.8 million shares for $48 million through October. The company also entered into agreements for new hotel developments, including an AC Hotel in Anchorage for $66 million and a dual-branded AC Hotel and Residence Inn in Las Vegas for $144 million.
- The company updated its full-year 2025 guidance, expecting Comparable Hotels' RevPAR change to be between -2% and -1%, and net income between $162 million and $175 million. This adjustment partially reflects the impact of a government shutdown, which caused October 2025 RevPAR to decline by approximately 3% compared to October 2024.
- Apple Hospitality REIT plans to transition its Marriott-managed hotels to franchise agreements and consolidate management with existing third-party partners to achieve incremental operational synergies.
Nov 4, 2025, 4:00 PM
Apple Hospitality REIT Reports Q3 2025 Results and Updates Full-Year Guidance
APLE
Earnings
Guidance Update
M&A
- Apple Hospitality REIT reported Q3 2025 Comparable Hotels' RevPAR of $124, a 1.8% decrease from the prior year, with an EBITDA margin of 35.2%.
- The company updated its full-year 2025 guidance, decreasing Comparable Hotels' RevPAR change to between negative 2% and negative 1% but increasing adjusted hotel EBITDA margin to between 33.9% and 34.5%.
- Strategic capital allocation included the sale of three hotels for $37 million and the repurchase of 3.8 million shares for $48 million year-to-date through October.
- New investments include the acquisition of Homewood Suites Tampa Brandon for $19 million and the planned acquisition of Motto by Hilton Nashville for $98 million, alongside agreements for three new hotel developments totaling $210 million.
- The company paid Q3 distributions totaling $57 million, or $0.24 per common share.
Nov 4, 2025, 4:00 PM
Apple Hospitality REIT Reports Q3 2025 Results and Updates 2025 Guidance
APLE
Earnings
Guidance Update
M&A
- Apple Hospitality REIT reported Q3 2025 net income of $50.88 million, a 9.6% decrease year-over-year, with Modified Funds From Operations (MFFO) of $100.46 million, down 6.5%.
- Comparable Hotels Revenue Per Available Room (RevPAR) for Q3 2025 decreased by 1.8% to $124.01, and Comparable Hotels Adjusted Hotel EBITDA declined by 6.7% to $128.58 million.
- The company updated its full-year 2025 guidance, projecting net income between $162 million and $175 million and a Comparable Hotels RevPAR Change between (2.00%) and (1.00%).
- Strategic transactional activity included selling three hotels for a combined $37.0 million and acquiring one for $18.8 million since the beginning of 2025. Additionally, the company has four hotels under contract for sale for $36.4 million and two hotels under contract for purchase for $163.7 million, alongside a $143.7 million development project.
- During Q3 2025, Apple Hospitality REIT paid $0.24 per common share in distributions and repurchased 0.2 million common shares for $2.0 million under its Share Repurchase Program.
Nov 3, 2025, 9:15 PM
Apple Hospitality REIT Reports Q2 2025 Performance and Strategic Updates
APLE
Earnings
Debt Issuance
Share Buyback
- Apple Hospitality REIT reported Q2 2025 Comparable Hotels RevPAR of $128.68, a 1.7% decrease compared to Q2 2024, with Occupancy at 78.6% and ADR at $163.62. The company's Modified Funds From Operations (MFFO) per share for Q2 2025 was $0.47, representing a 6.0% decrease year-over-year.
- As of June 30, 2025, the company's Net Total Debt to Total Capitalization was 36%. In July 2025, a new $385 million term loan facility was entered, increasing the availability under the revolving credit facility to approximately $650 million.
- From the beginning of the year through June, the company repurchased approximately 3.4 million common shares for an aggregate of approximately $43.2 million. The annualized distribution is $0.96 per common share, representing an 8.2% annual yield as of July 31, 2025.
- The company acquired one hotel in 2025 and sold two hotels in 2025, with one hotel under contract for purchase and three under contract for sale.
Aug 11, 2025, 12:00 AM
Apple Hospitality REIT Announces Monthly Distribution
APLE
Dividends
- Apple Hospitality REIT, Inc. announced a regular monthly cash distribution of $0.08 per common share. This distribution is payable on August 15, 2025, to shareholders of record as of July 31, 2025.
- Based on the common stock closing price of $12.27 on July 17, 2025, the annualized distribution of $0.96 per common share represents an annual yield of approximately 7.8%.
- Apple Hospitality REIT is a publicly traded real estate investment trust (REIT) that owns a portfolio of 221 hotels with approximately 29,900 guest rooms in 85 markets across 37 states and the District of Columbia. The portfolio is concentrated with Marriott and Hilton-branded hotels.
Jul 18, 2025, 1:00 PM
Apple Hospitality REIT Announces Monthly Distribution
APLE
Dividends
- Apple Hospitality REIT's Board of Directors declared a regular monthly cash distribution of $0.08 per common share.
- This distribution is payable on June 16, 2025, to shareholders of record as of May 30, 2025.
- The annualized distribution of $0.96 per common share represents an 8.0% annual yield, based on the common stock closing price of $12.05 on May 19, 2025.
- Apple Hospitality REIT is a publicly traded real estate investment trust (REIT) that owns a portfolio of 220 upscale, rooms-focused hotels with approximately 29,800 guest rooms across 37 states and the District of Columbia.
May 20, 2025, 1:00 PM
Apple Hospitality REIT, Inc. Announces Q1 2025 Results and Strategic Updates
APLE
Earnings
Dividends
Share Buyback
- Apple Hospitality REIT, Inc. reported Q1 2025 Comparable Hotels RevPAR of $111.36, a 0.5% decline compared to Q1 2024, and Modified Funds From Operations (MFFO) per share of $0.32, a 5.9% decrease year-over-year.
- The company maintained a strong balance sheet with 33% Net Total Debt to Total Capitalization as of March 31, 2025, and approximately $500 million available under its revolving credit facility at the end of Q1 2025.
- Apple Hospitality repurchased approximately 2.4 million common shares for $32.3 million through April 2025 and declared an annualized distribution of $0.96 per common share, representing an annual yield of approximately 8.2% based on the April 30, 2025 closing price.
- The company's portfolio consists of 220 hotels across 37 states with an average effective age of 5 years as of May 1, 2025, and it continues strategic acquisitions and dispositions, including two hotels under contract for purchase and one under contract for sale.
May 12, 2025, 12:00 AM
Quarterly earnings call transcripts for Apple Hospitality REIT.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more