Apple Hospitality REIT

Apple Hospitality REIT, Inc. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. It owns hotels located in urban, high-end suburban, and developing markets throughout states, which operates under Marriott, Hilton, or Hyatt brands. The company was founded by Glade M. Knight on November 8, 2007 and is headquartered in Richmond, VA.

Earnings data Q1 2021

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Apple Hospitality REIT reports strong 2022 performance amidst market uncertainties

Apple Hospitality REIT delivered robust performance in 2022 and remains optimistic about driving strong results and maximizing shareholder value despite macroeconomic uncertainties.
Strategic investments, distribution reinstatement, and expense management reflect a proactive and resilient approach to navigating market challenges and capitalizing on growth opportunities.
The company's focus on operational efficiency, portfolio expansion, and financial sustainability positions them well to weather potential headwinds and capitalize on strategic acquisition opportunities in 2023.

Apple Hospitality REIT reports robust Q1 performance and growth strategies

Apple Hospitality REIT's Q1 2023 showcased strong performance and strategic investments, with a focus on driving shareholder value through acquisitions and share buybacks. Challenges include rising construction costs and talent retention efforts, while opportunities lie in deal flow and rate optimization strategies.

Apple Hospitality REIT excels in Q2 2023, eyes strategic growth

Apple Hospitality REIT's Q2 2023 performance showcased strong operational metrics and financial results, supported by strategic investments and portfolio enhancements.
Management's focus on asset maintenance, brand conversations, and development deals aligns with market trends and positions the company for sustained growth.
While facing challenges in transaction terms and operational adjustments, the company's prudent approach and strategic direction offer opportunities for long-term value creation.
Overall, Apple Hospitality REIT's performance, strengths, and opportunities indicate a resilient and forward-looking strategy in the hospitality real estate sector.

Apple Hospitality REIT posts solid Q3 results amid growth strategies

Apple Hospitality REIT (APLE) delivered strong Q3 results, showcasing growth in key metrics and a focus on strategic investments.
Despite cost pressures and financing challenges, the company's proactive approach to acquisitions and underwriting positions it well for future growth.
With a solid balance sheet, narrowed guidance, and a commitment to maximizing shareholder returns, Apple Hospitality REIT demonstrates resilience and adaptability.

Apple Hospitality REIT reports solid Q4 performance and eyes growth opportunities

Apple Hospitality REIT's strong performance in Q4 2023 and optimistic outlook for 2024 underscore its commitment to driving shareholder value. Strategic portfolio optimization, focus on growth opportunities, and proactive monitoring of market dynamics position the company for future success.

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Apple Hospitality REIT, Inc. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. It owns hotels located in urban, high-end suburban, and developing markets throughout states, which operate under Marriott, Hilton, or Hyatt brands. The company was founded by Glade M. Knight on November 8, 2007 and is headquartered in Richmond, VA.

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US stocks climbed higher in February with the DJIA adding 0.4% and the S&P closing in on the 5,000-point mark.

February's Dividend Portfolio Update Sets New Record - 100 Holdings, 19 Strategic Buys

As witnessed by the travel restrictions not long ago, the hospitality real estate market remains highly dependent on various global factors, from market upturns and downturns to geopolitics and natural disasters. However, as worldwide travel and tourism is rebounding, the hospitality sector is on the uptake—with hotel real estate investment trusts (REITs) particularly performing well.

Hospitality rebound: The hotel REIT capitalizing on travel's return

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Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

Picking A Winner In Hotel REITs

Apple Hospitality REIT, Inc. (APLE) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Apple Hospitality REIT (APLE) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Apple Hospitality REIT (APLE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2023.

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2023

Besides Wall Street's top -and-bottom-line estimates for Apple Hospitality REIT (APLE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Countdown to Apple Hospitality REIT (APLE) Q4 Earnings: Wall Street Forecasts for Key Metrics

Hotel revenues have recovered from the pandemic but hotel REITs remain below pre-pandemic levels. The failure of hotel REITs to recover is due to the interaction between leverage and cyclicality. Apple Hospitality has fully recovered due to its low leverage and conservative balance sheet.

A Case Study On Leverage In Cyclical Sectors: Apple Hospitality

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The S&P500 delivered a strong year-end rally, gaining 4.5% in December and 26.3% for the year.

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REITs are performing well and expected to continue to rise, with potential for a 45% increase in the next 2-3 years. If the Fed reduces the prime rate, REIT yields will become more competitive with bonds and treasuries. REIT balance sheets are in good condition, with low debt ratios and valuations coming back into the low end of their normal range.

Top 12 REITs For The Next 12 Months

Focusing on acquiring properties in strong RevPAR markets, Apple Hospitality (APLE) acquires SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million.

Apple Hospitality (APLE) Expands With Acquisition in Las Vegas

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center.

Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center

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Brookfield Property Partners L.P. - 6.50% PRF PERPETUAL USD 25 - Ser 1 Cls A

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U.S. equity markets extended their winning streak to an eighth week - the longest in five years - after inflation data both domestically and abroad showed a further cooling of price pressures. Extending its weekly winning streak to the longest since 2017, the S&P 500 posted gains of another 0.9% on the week, lifting the benchmark to within 1% of record highs. Pushing their eight-week rebound to over 25%, the Equity REIT Index gained 0.6% this week, with 9-of-18 property sectors in positive territory, while the Mortgage REIT Index gained 1.3%.

Disinflation: A Gift That Keeps Giving

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.

Apple Hospitality REIT Publishes Annual Corporate Responsibility Report

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One of the beautiful aspects of the derivatives market is that you don't need to trade options to benefit from the underlying data; case in point is unusual options activity. Just like it sounds, this term represents options contracts that have seen aberrant spikes in volume relative to a benchmark metric, such as trailing one-month average volume.

7 Unusual Options Activity Stocks That You Need to Pay Attention To

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.

Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023.

Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023

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One of the best ways to protect your portfolio, and generate consistent income is buying REITs with monthly dividends. Even better, with interest rates likely to come down in the new year, REITs may become even more attractive.

Generate Passive Income with These 7 Monthly Dividend REITs

Apple Hospitality REIT is one of the largest hospitality REITs in the US, with a portfolio of 224 hotels across 37 states. The company has a strong balance sheet, with a diversified debt structure, staggered maturity schedule, and substantial liquidity. Apple Hospitality REIT offers an attractive dividend yield of close to 5.7% and has the potential for future dividend increases.

Apple Hospitality REIT: Harvesting A Steady Income Stream

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In the holiday classic, A Charlie Brown Christmas, Lucy laments to Charlie Brown that she never gets the present she wants for Christmas. That is, real estate.

3 Reliable REITs With High Monthly Dividend Yields: December 2023

Some high-yielding REITs have unsafe dividends, leading to potential dividend cuts and decline in share value. This article provides a list of 11 cash COW REITs with safe dividends, including companies from the cannabis and office sectors. There is also a list of high-yield REITs with slightly more risk but still considered safe by the Seeking Alpha Quant Ratings system.

Cash COWs: 11 High-Yield REITS With Very Safe Dividends

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U.S. equity markets notched a fifth-straight week of gains as benchmark interest rates continued a decisive retreat after economic data and comments from Fed officials fueled bets on a pending pivot. Advancing for a fifth-straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 0.8% on the week, while Mid-Caps and Small-Caps gained 2%. Lifted by the rate retreat, real estate equities were again the leaders this week. The Equity REIT Index rallied 5.0% this week, extending their rebound since late-October to nearly 20%.

Pivot Pending

News for Apple Hospitality REIT Stock (APLE)