Welcome to our dedicated page for Apple Hospitality Reit news (Ticker: APLE), a resource for investors and traders seeking the latest updates and insights on Apple Hospitality Reit stock.
Apple Hospitality REIT, Inc. (NYSE: APLE) is a lodging-focused real estate investment trust that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Its hotels operate under well-known brands, including Marriott, Hilton and Hyatt, along with at least one independent property. The APLE news feed on Stock Titan brings together the company’s press releases and other coverage in one place.
Investors following APLE news can see regular announcements about monthly cash distributions, quarterly and annual financial results, and updates on portfolio performance metrics such as ADR, Occupancy and RevPAR. Apple Hospitality frequently reports on its Comparable Hotels performance, non-GAAP measures like Adjusted EBITDAre and MFFO, and commentary from management on trends affecting its lodging portfolio.
News for Apple Hospitality REIT also highlights transactional activity, including hotel acquisitions, dispositions and forward-purchase or development contracts. Recent items have covered the acquisition of a Motto by Hilton in downtown Nashville, the purchase of a Homewood Suites by Hilton in the Tampa–Brandon area, and the sale of non-core hotels such as a Houston Marriott property. The company also announces contracts for future hotels in markets like Anchorage, Alaska, and Las Vegas, Nevada.
In addition, APLE news includes disclosures on corporate responsibility, such as the publication of its annual Corporate Responsibility Report detailing environmental stewardship, social responsibility and governance practices. For shareholders and analysts, this page offers a centralized view of Apple Hospitality’s distributions, operating updates, capital allocation decisions and corporate responsibility initiatives. Bookmark this feed to monitor new releases, earnings-related announcements and other material developments for Apple Hospitality REIT, Inc.
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.
Apple Hospitality REIT (NYSE: APLE) reported its Q4 and full-year 2024 results, showing positive operational performance. The company achieved Comparable Hotels RevPAR growth of 3% for Q4 and 1% for full-year 2024 compared to 2023, driven by steady business transient demand and strong leisure travel.
Key financial highlights include Q4 2024 Comparable Hotels ADR of $153 (up 1%) and occupancy of 71% (up 2%). For full-year 2024, the company reported Comparable Hotels Adjusted Hotel EBITDA of $509 million and MFFO of $389 million, both up approximately 6% from 2023.
During 2024, APLE acquired two hotels for $196.3 million, sold six non-core hotels for over $63 million, repurchased $35 million in common shares, and reinvested $78 million in their existing portfolio. The company maintained a strong balance sheet with total debt to total capitalization at approximately 28% as of December 31, 2024.
Apple Hospitality REIT (NYSE: APLE) has announced a regular monthly cash distribution of $0.08 per common share, payable on March 17, 2025, to shareholders of record as of February 28, 2025. Based on the company's stock closing price of $15.23 on February 14, 2025, the annualized distribution of $0.96 per share represents an annual yield of approximately 6.3%.
The company owns one of the largest portfolios of upscale, rooms-focused hotels in the United States, consisting of 220 hotels with approximately 29,700 guest rooms across 85 markets in 37 states and DC. The portfolio includes 98 Marriott-branded hotels, 117 Hilton-branded hotels, and five Hyatt-branded hotels.
Apple Hospitality REIT (NYSE: APLE) has announced its Board of Directors' declaration of a regular monthly cash distribution of $0.08 per common share, payable on February 18, 2025, to shareholders of record as of January 31, 2025. Based on the company's stock closing price of $15.09 on January 16, 2025, the annualized distribution of $0.96 per common share represents an annual yield of approximately 6.4%.
The company owns one of the largest portfolios of upscale, rooms-focused hotels in the United States, comprising 221 hotels with approximately 29,800 guest rooms across 86 markets in 37 states and DC. The portfolio includes 98 Marriott-branded hotels, 118 Hilton-branded hotels, and 5 Hyatt-branded hotels.
Apple Hospitality REIT (NYSE: APLE) has published its annual Corporate Responsibility Report, highlighting the company's ESG initiatives and performance. The report showcases APLE's commitment to environmental sustainability, corporate employees, hotel associates, guests, and communities across its portfolio of 222 hotels with approximately 29,900 guest rooms in 86 markets throughout 37 states and DC.
The portfolio includes 98 Marriott-branded hotels, 119 Hilton-branded hotels, and 5 Hyatt-branded hotels. The enhanced disclosures aim to provide stakeholders with comprehensive insights into the company's environmental stewardship, social responsibility, and corporate governance strategies.
Apple Hospitality REIT (NYSE: APLE) has announced two distributions for shareholders: a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.05 per common share. The combined distribution of $0.13 per share will be paid on January 15, 2025, to shareholders of record as of December 31, 2024.
Based on the company's stock closing price of $15.25 on December 18, 2024, the annualized regular monthly distribution of $0.96 represents a 6.3% annual yield. The company owns 222 hotels with approximately 29,900 guest rooms across 86 markets in 37 states and DC, including 98 Marriott-branded, 119 Hilton-branded, and 5 Hyatt-branded properties.
Apple Hospitality REIT (NYSE: APLE) has announced its schedule for reporting fourth quarter and full year 2024 financial results. The company will release results after market close on Monday, February 24, 2025, followed by a conference call on Tuesday, February 25, 2025, at 10:00 a.m. Eastern Time.
The conference call will be accessible via telephone and webcast. U.S. participants should dial 877-407-9039, while international participants should dial 201-689-8470. A replay will be available until March 11, 2025. Apple Hospitality REIT owns a diverse portfolio of 222 upscale hotels with approximately 29,900 guest rooms across 86 markets in 37 states and DC, including 98 Marriott-branded, 119 Hilton-branded, and 5 Hyatt-branded hotels.
Apple Hospitality REIT (NYSE: APLE) has declared a regular monthly cash distribution of $0.08 per common share, payable on December 16, 2024, to shareholders of record as of November 29, 2024. Based on the company's stock closing price of $15.52 on November 18, 2024, the annualized distribution of $0.96 represents a 6.2% annual yield. The company owns a diverse portfolio of 223 upscale hotels with approximately 30,000 guest rooms across 86 markets in 37 states and DC, including 99 Marriott-branded, 119 Hilton-branded, and 5 Hyatt-branded properties.
Apple Hospitality REIT reported Q3 2024 results with net income of $56.3 million, down 3.8% year-over-year. The company achieved Comparable Hotels RevPAR of $125.30, up 0.8% from Q3 2023, with ADR at $162.66 and occupancy at 77%. Operating income increased 1.9% to $77.7 million, while Adjusted EBITDAre grew 5.7% to $128.9 million. The company maintains a strong balance sheet with total debt to capitalization of 30%. During Q3, Apple Hospitality purchased 1.4 million common shares for $19.2 million and paid distributions of $0.24 per share. The company has four hotels under contract for sale for approximately $31 million.
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