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 reports recurring developments tied to its U.S. lodging portfolio, including quarterly operating results, monthly common-share distributions, hotel operating metrics and portfolio activity. The company is a publicly traded REIT focused on upscale, rooms-focused hotels operated primarily under Marriott, Hilton and Hyatt brands, with income derived from hotel revenue.
News items also cover shareholder meeting matters, investor conference scheduling, hotel acquisitions, management-company recognition programs and updates on balance-sheet and REIT-related topics. Operating updates commonly reference measures such as RevPAR, occupancy, average daily rate, Adjusted EBITDAre and modified funds from operations.
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.
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.