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.

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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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Stag Industrial pays dividends monthly, and the industrial REIT's stock is still a bargain. Apple Hospitality REIT is a comeback kid with a great dividend yield.

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Apple Hospitality REIT Announces Dates for First Quarter 2023 Earnings Release and Conference Call

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Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets have started the new year with very solid gains following expectations about a more dovish Federal Reserve and a solid earnings season.

My Dividend Stock Portfolio: New February Record - 99 Holdings With 32 Buys And 4 Sales

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Carolyn Handlon to its Board of Directors (the “Board”), effective March 1, 2023. Ms. Handlon will stand for election as a Board-recommended nominee at the Company's 2023 Annual Meeting of Shareholders. Apple Hospitality's Board provides critical guidance and advice to management, and the Company is committed to a Board that has diverse perspectives and backgrounds. With the addition of Ms. Handlon, the Company's Board comprises nine directors, three of whom are women directors, which is more than 30% of the Board.

Apple Hospitality REIT Appoints Carolyn Handlon to Board of Directors and Announces Date for 2023 Annual Meeting of Shareholders

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We sold the entirety of our lodging exposure during March of 2020 (going from ~5% in early 2020 to 0% by the end of March). Pent-up leisure demand surprised most observers, resulting in a rapid recovery that began in late 2021 and was arguably the most powerful turnaround in history.

Lodging REITs: Valuations Already Reflect Improvements

The following slide deck was published by Apple Hospitality REIT, Inc. in conjunction with their 2023 Q4 earnings call.

Apple Hospitality REIT, Inc. 2023 Q4 - Results - Earnings Call Presentation

Apple Hospitality REIT, Inc. (NYSE:APLE ) Q4 2022 Results Conference Call February 22, 2023 10:00 AM ET Company Participants Kelly Clarke - VP, IR Justin Knight - CEO Liz Perkins - CFO Conference Call Participants Anthony Powell - Barclays Tyler Batory - Oppenheimer Dany Asad - Bank of America Michael Bellisario - Baird Bryan Maher - B. Riley Securities Chris Darling - Green Street Operator Greetings and welcome to the Apple Hospitality REIT's Fourth Quarter and Full Year 2022 Earnings Call.

Apple Hospitality REIT, Inc. (APLE) Q4 2022 Earnings Call Transcript

Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 3.13% and 3.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Apple Hospitality REIT (APLE) Beats Q4 FFO and Revenue Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced results of operations for the Fourth Quarter and Full Year ended December 31, 2022.

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2022

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Today, I want to leave the ugly ducklings and focus on the SWANs and or the SWAN-a-bees. In other words, I want to recap some of the safest “sleep well at night” monthly paying REITs and to recap the fundamentals and valuations for each constituent.

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Apple Hospitality has now met or exceeded its pre-pandemic operating metrics. It carries one of the strongest balance sheets in the hotel REIT segment, and was the first among peers to materially restore its dividend.

Apple Hospitality: Take A Bite Of This Premier Hotel REIT

Geographically diversified hospitality REIT with strong branding. Performed well during the pandemic, with dividends set to return to pre-pandemic levels.

Apple Hospitality REIT: Think Twice Before Taking A Bite

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Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure demand helped to offset a sluggish business and group travel recovery. Hotel revenues eclipsed record highs in 2022, but with wide dispersion between markets and segments.

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RICHMOND, Va.--( BUSINESS WIRE )--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report fourth quarter and full year 2022 financial results after the market closes on Tuesday, February 21, 2023, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Wednesday, February 22, 2023, to discuss the results.

Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

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Have you ever considered buying a hotel? What if you could buy a share in a lot of hotels?

Investing in Hospitality REITs

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Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment.

My Dividend Stock Portfolio: New December Record - 96 Holdings With 24 Buys, 6 Sales

RICHMOND, Va.--( BUSINESS WIRE )--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today published its inaugural Corporate Responsibility Report, which details the Company's environmental, social and governance (“ESG”) performance, strategy and initiatives and features its commitment to environmental sustainability, corporate employees, hotel associates and guests, communities, and other stakeholders.

Apple Hospitality REIT Publishes Inaugural Corporate Responsibility Report

RICHMOND, Va.--( BUSINESS WIRE )--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.08 per common share. The combined distribution of $0.16 per common share is payable on January 17, 2023, to shareholders of record as of December 30, 2022.

Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2022

Apple Hospitality is an owner of prime hotel assets in the United States. After suffering greatly during the pandemic, the company is back on track. Subdued supply growth, strong pricing, and improving occupancy rates are propelling APLE financials to new highs.

Juicy Hotel Dividends With Apple Hospitality

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RICHMOND, Va.--( BUSINESS WIRE )--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share for the month of December 2022. The distribution is payable on December 15, 2022, to shareholders of record as of December 2, 2022.

Apple Hospitality REIT Announces December 2022 Distribution

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Apple Hospitality REIT, Inc. (NYSE:APLE ) Q3 2022 Earnings Conference Call November 8, 2022 10:00 AM ET Company Participants Kelly Clarke - Vice President, Investor Relations Justin Knight - Chief Executive Officer Liz Perkins - Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Neil Malkin - Capital One Floris Van Dijkum - Compass Point Bryan Maher - B. Riley Securities Dany Asad - Bank of America Jonathan Jenkins - Oppenheimer Chris Darling - Green Street Anthony Powell - Barclays Michael Bellisario - Robert W.

Apple Hospitality REIT, Inc. (APLE) Q3 2022 Earnings Call Transcript

News for Apple Hospitality REIT Stock (APLE)