Apple Hospitality Reit (APLE) Stock News

Apple Hospitality REIT (NYSE: APLE) has declared a regular monthly cash distribution of $0.08 per common share, payable on July 15, 2025, to shareholders of record as of June 30, 2025. Based on the company's stock closing price of $11.52 on June 17, 2025, the annualized distribution of $0.96 per share represents an 8.3% annual yield. Apple Hospitality REIT owns one of the largest portfolios of upscale, rooms-focused hotels in the United States, comprising 221 hotels with approximately 29,900 guest rooms across 85 markets in 37 states and DC. The portfolio includes 97 Marriott-branded hotels, 118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.

Apple Hospitality REIT (NYSE: APLE) has scheduled its second quarter 2025 earnings release for August 6, 2025, after market close, followed by a conference call on August 7, 2025, at 10:00 a.m. Eastern Time. The conference call will be accessible via telephone and webcast, with U.S. participants dialing 844-826-3035 and international participants dialing 412-317-5195. A replay will be available until August 21, 2025. Apple Hospitality REIT is a prominent REIT owning 221 upscale, rooms-focused hotels across 37 states and D.C., comprising approximately 29,900 guest rooms. The portfolio includes 97 Marriott-branded hotels, 118 Hilton-branded hotels, 5 Hyatt-branded hotels, and 1 independent hotel.

Apple Hospitality REIT (NYSE: APLE) has acquired the 126-room Homewood Suites by Hilton Tampa-Brandon for $18.8 million ($149,000 per key). The acquisition represents a 12% cap rate on trailing twelve-month results and is located adjacent to their existing Embassy Suites property. The purchase price is below replacement cost, with potential upside from operational synergies and planned renovations. The Hotel benefits from Tampa's robust economic growth and diverse demand drivers including corporate offices, leisure attractions, healthcare facilities, and educational institutions. The Tampa East submarket has shown strong performance with a 15% YoY RevPAR improvement. Following this acquisition, Apple Hospitality's portfolio now includes 221 hotels with 29,893 rooms across 37 states and DC. The company also has a Motto by Hilton under contract in Nashville for $98.2M and plans to sell its Houston Marriott Energy Corridor for $16.0M.

Apple Hospitality REIT (NYSE: APLE) has announced a regular monthly cash distribution of $0.08 per common share, payable on June 16, 2025, to shareholders of record as of May 30, 2025. Based on the company's stock closing price of $12.05 on May 19, 2025, this represents an annualized distribution of $0.96 per share with an annual yield of approximately 8.0%. Apple Hospitality REIT owns one of the largest portfolios of upscale, rooms-focused hotels in the United States, comprising 220 hotels with approximately 29,800 guest rooms across 85 markets in 37 states and DC. The portfolio includes 97 Marriott-branded hotels, 117 Hilton-branded hotels, 5 Hyatt-branded hotels, and one independent hotel.

Apple Hospitality REIT (NYSE: APLE) marked two significant milestones by ringing The Opening Bell at the NYSE. The company celebrated its 10th anniversary of NYSE listing and 25 years in the lodging industry. Apple Hospitality owns one of the largest portfolios of upscale, rooms-focused hotels in the United States, comprising 220 hotels with 29,800 guest rooms across 85 markets in 37 states and DC. The portfolio includes 97 Marriott-branded hotels, 117 Hilton-branded hotels, 5 Hyatt-branded hotels, and one independent hotel.

Apple Hospitality REIT (NYSE: APLE) reported its Q1 2025 financial results, showing mixed performance. The company's net income decreased 42.2% to $31.2 million compared to Q1 2024. Key metrics include: Comparable Hotels RevPAR declined 0.5% to $111.36, with ADR up 1.0% to $156.56 and occupancy down 1.5% to 71.1%. The company's Modified funds from operations (MFFO) decreased 9.0% to $75.7 million. During Q1, APLE completed strategic transactions including selling two hotels for $21 million and has one hotel under contract for sale at $16 million. The company is acquiring the Homewood Suites Tampa Brandon for $19 million and has another hotel under contract. APLE also repurchased approximately 2.4 million shares for $32 million. The company maintained a strong balance sheet with total debt to total capitalization at 33.1% and continues paying monthly distributions with an annualized yield of approximately 8.1%.

Apple Hospitality REIT (NYSE: APLE) has declared a regular monthly cash distribution of $0.08 per common share, payable on May 15, 2025, to shareholders of record as of April 30, 2025. Based on the company's stock closing price of $11.52 on April 16, 2025, the annualized distribution of $0.96 per share represents an annual yield of approximately 8.3%.

Apple Hospitality REIT owns one of the largest upscale, rooms-focused hotel portfolios in the United States, comprising 220 hotels with approximately 29,800 guest rooms across 85 markets in 37 states and DC. The portfolio includes 97 Marriott-branded hotels, 117 Hilton-branded hotels, 5 Hyatt-branded hotels, and one independent hotel.

Apple Hospitality REIT (NYSE: APLE) has announced its 2024 Apple Awards recipients, recognizing outstanding performers across its portfolio of 219 hotels. NCG Hospitality was named 2024 Management Company of the Year, managing 11 of the company's hotels. The Embassy Suites by Hilton Tampa Brandon received the 2024 Annual Shining Apple Award for excellence in performance metrics, achieving a 3.6% RevPAR index growth and exceeding brand average guest satisfaction scores.

The company presented Quarterly Shining Apple Awards to multiple properties including Hampton Inn & Suites locations in Dallas-Arlington-South, Chicago-North Shore/Skokie, and Downtown St. Paul, among others. Additionally, six individual hotel associates received Apple Awards for exceptional service and community impact across various properties.

Apple Hospitality REIT's portfolio comprises 97 Marriott-branded hotels, 117 Hilton-branded hotels, and 5 Hyatt-branded hotels, spanning 84 markets across 37 states and the District of Columbia.

Apple Hospitality REIT (NYSE: APLE) has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, after market close. The company will host a conference call on Friday, May 2, 2025, at 10:00 a.m. Eastern Time to discuss the results.

The conference call will be accessible via telephone (U.S.: 877-407-9039; International: 201-689-8470) and webcast through the company's investor relations website. A replay will be available until May 16, 2025.

Apple Hospitality REIT owns a diverse portfolio of 220 upscale, rooms-focused hotels with approximately 29,700 guest rooms across 85 markets in 37 states and DC. The portfolio includes 98 Marriott-branded, 117 Hilton-branded, and 5 Hyatt-branded hotels.