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. (APLE) provides investors with comprehensive access to official company communications and market-relevant updates. This curated news hub tracks the REIT's strategic moves in the upscale lodging sector, including property acquisitions, financial performance, and partnership developments with leading hospitality brands.
Discover timely updates on earnings reports, portfolio expansions, and management insights that shape APLE's position in the competitive hotel real estate market. Our aggregation includes press releases detailing operational milestones, dividend declarations, and sustainability initiatives across its nationwide portfolio of premium-branded hotels.
This resource serves analysts and investors seeking to monitor APLE's performance through verified financial disclosures and strategic announcements. Content spans critical areas including quarterly results, asset management updates, and industry trend analyses relevant to hospitality-focused REITs.
Bookmark this page for direct access to APLE's latest corporate communications, ensuring you maintain informed perspectives on one of the largest publicly traded lodging REITs. Check regularly for updates reflecting the company's activities in key U.S. markets and its relationships with major hotel operators.
Apple Hospitality REIT, Inc. (NYSE: APLE) has declared a cash distribution of $0.05 per common share for August 2022, payable on August 15, 2022. Shareholders on record by August 2, 2022 will receive this payment. Based on the stock's closing price of $16.02 on July 19, 2022, this distribution translates to an annual yield of approximately 3.7%. Apple Hospitality operates 219 hotels across 36 states, featuring well-known brands like Marriott and Hilton.
Apple Hospitality REIT (NYSE: APLE) has declared a monthly cash distribution of $0.05 per common share for July 2022, payable on July 15, 2022, to shareholders of record as of July 5, 2022. This annualizes to $0.60 per share, representing an approximate 4.1% yield based on the stock's closing price of $14.71 on June 17, 2022. The company owns 219 hotels across the U.S., primarily under Marriott and Hilton brands, indicating a solid presence in the hospitality sector.
Apple Hospitality REIT, Inc. (NYSE: APLE) announced the recipients of its 2021 Apple Awards, recognizing exemplary hotel associates for their contributions during a challenging year amid the COVID-19 pandemic. CEO Justin Knight expressed gratitude towards the hotel teams for their dedication to guest service. Five award winners were honored for their exceptional hospitality and service, showcasing their commitment to guest satisfaction and community involvement. Apple Hospitality's portfolio includes 219 hotels across 36 states, emphasizing its strong presence in the upscale hotel market.
Apple Hospitality REIT, Inc. (NYSE: APLE) plans to report its second quarter 2022 financial results after the market closes on August 4, 2022, with a conference call for investors at 10:00 a.m. Eastern Time on August 5, 2022. Participants can access the call via phone or online. A replay will be available from 1:00 p.m. Eastern Time on August 5 until 11:59 p.m. Eastern Time on August 26, 2022. Apple Hospitality operates a diverse portfolio of 219 upscale hotels across 36 states, focusing primarily on Marriott and Hilton brands.
Apple Hospitality REIT, Inc. (NYSE: APLE) has declared a monthly cash distribution of $0.05 per common share for June 2022, payable on June 15, 2022, to shareholders of record as of June 2, 2022. With a closing stock price of $16.38 on May 18, 2022, this results in an annual yield of approximately 3.7%. The company operates a diverse portfolio of 219 hotels across 36 states, focusing on upscale brands like Marriott and Hilton.
Apple Hospitality REIT, Inc. (NYSE: APLE) reported a strong performance for Q1 2022, with net income of $18 million compared to a loss of $46 million in Q1 2021. Adjusted EBITDAre surged by 186.7%, reaching $78 million. The Average Daily Rate (ADR) improved by 38.1% to $137.03, and occupancy increased to 67.1% from 55.5%. The company reinstated monthly distributions of $0.06 per share and anticipates strong demand recovery. However, challenges include potential project delays and increased costs due to inflation. Overall, the company maintains a solid balance sheet with a total debt to capitalization of 26%.
Apple Hospitality REIT, Inc. (NYSE: APLE) has declared a regular monthly cash distribution of $0.05 per common share for May 2022, payable on May 16, 2022. Shareholders of record as of May 3, 2022 will be eligible for this distribution. Based on the stock's closing price of $17.97 on April 20, 2022, this distribution results in an annual yield of approximately 3.3%. The company operates a diverse portfolio of 219 hotels across the U.S., with a total of more than 28,700 guest rooms.
Apple Hospitality REIT, Inc. (NYSE: APLE) will report its first quarter 2022 financial results on May 5, 2022, after market close. A conference call will follow on May 6, 2022, at 10:00 a.m. ET for discussion of results. Dial-in numbers are 877-407-9039 for U.S. participants and 201-689-8470 for international participants. A replay is available from 1:00 p.m. ET on May 6 to 11:59 p.m. ET on May 27. Apple Hospitality manages a portfolio of 219 hotels across 36 states.
Apple Hospitality REIT, Inc. (NYSE: APLE) announced a regular monthly cash distribution of $0.05 per common share for April 2022, payable on April 18, 2022. This distribution equates to an annual yield of approximately 3.3% based on a closing stock price of $18.29 as of March 17, 2022. Additionally, the Company's Annual Meeting of Shareholders is scheduled for May 13, 2022, open to shareholders of record as of March 18, 2022.
Apple Hospitality REIT (NYSE: APLE) reported a significant financial recovery for Q4 2021 and the full year. Net income rose to $13.2 million, compared to a loss of $51.2 million in Q4 2020. Adjusted EBITDAre surged by 353.1% to $73.4 million for the quarter, while MFFO reached $58.6 million. The company reinstated monthly distributions at $0.05 per share, signaling confidence in its recovery. As of December 31, 2021, occupancy was 67.5%, with RevPAR growing 94.5% year-over-year. Despite challenges from the Omicron variant, Apple Hospitality remains optimistic about future growth.
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