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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Earnings data Q1 2022

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q4 2024

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.

The hotel REIT sector is outperforming the REIT average thus far in 2022. Apple Hospitality was the first hotel REIT to restore its dividend and is the only company in the sector that pays at or above the REIT average.

Apple Hospitality: Tempted To Take A Bite

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces June 2022 Distribution

Apple Hospitality REIT Announces June 2022 Distribution

Here is how Apple Hospitality REIT (APLE) and FS KKR Capital (FSK) have performed compared to their sector so far this year.

Is Apple Hospitality REIT (APLE) Outperforming Other Finance Stocks This Year?

Apple Hospitality REIT, Inc. (NYSE:APLE ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Kelly Clarke - Vice President of Investor Relations Justin Knight - Chief Executive Officer Liz Perkins - Chief Financial Officer Conference Call Participants Neil Malkin - Capital One Securities Dori Kesten - Wells Fargo Anthony Powell - Barclays Floris Van Dijkum - Compass Point Tyler Batory - Oppenheimer Daniel Tricarico - KeyBanc Michael Bellisario - Baird Bryan Maher - B. Riley Securities Dany Asad - Bank of America Operator Greeting and welcome to Apple Hospitality REIT's First Quarter 2022 Earnings Conference Call.

Apple Hospitality REIT, Inc. (APLE) CEO Justin Knight on Q1 2022 Results - Earnings Call Transcript

Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 3.70% and 4.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Apple Hospitality REIT (APLE) Q1 FFO and Revenues Surpass Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for First Quarter 2022

Apple Hospitality REIT Reports Results of Operations for First Quarter 2022

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces May 2022 Distribution

Apple Hospitality REIT Announces May 2022 Distribution

Apple

AbbVie

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AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

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The war in Ukraine continues to dominate market movements. I am not selling anything and predominantly focus on adding dividend income via select purchases.

My Dividend Stock Portfolio: March 2022 Update - 101 Holdings And 29 Buys

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for First Quarter 2022 Earnings Release and Conference Call

Apple Hospitality REIT Announces Dates for First Quarter 2022 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces April 2022 Distribution and Date of 2022 Annual Meeting of Shareholders

Apple Hospitality REIT Announces April 2022 Distribution and Date of 2022 Annual Meeting of Shareholders

Regular and consistent dividends are important; with APLE reinstating monthly dividends, it has come on my radar once again.

Apple Hospitality REIT: An Interesting Play As Monthly Dividend Reinstated

Hotels have some structural challenges. While prices are down across the sector, I'm not convinced the value is there at a broad level. Apple is far better positioned than most.

Apple Hospitality Has Potential Within Challenging Hotel Sector

Apple Hospitality REIT, Inc. (APLE) CEO Justin Knight on Q4 2021 Results - Earnings Call Transcript

Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 4% and 3.37%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Apple Hospitality REIT (APLE) Q4 FFO and Revenues Top Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2021 and Announces Monthly Distribution for March 2022

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2021 and Announces Monthly Distribution for March 2022

The Hotel REIT sector has been beaten down by the pandemic, but there are numerous signs of a turnaround, and many hotel REITs have returned to positive cash flow. While Hotels that depend heavily on business travel are still suffering, hotels for leisure are coming back strong, especially in the Sunbelt.

Apple Hospitality REIT: An Intriguing Prospect Among Hotel REITs

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

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It's been a 'Tale of Two Americas' of late for the hotel industry. Several markets and categories continue to report severely depressed demand while others are seeing record-high occupancy rates.

Hotel REITs: Unfazed By Omicron

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Distribution for Fourth Quarter of 2021

Apple Hospitality REIT Announces Distribution for Fourth Quarter of 2021

Apple Hospitality REIT (APLE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Apple Hospitality REIT (APLE) Moves to Strong Buy: Rationale Behind the Upgrade

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Gaming and lodging stocks took a big hit on Friday following news of the new omicron variant of COVID-19. Despite that, Bank of America analyst Shaun Kelley said Monday there are plenty of gaming and lodging stocks to buy on the dip heading into 2022.

13 Gaming And Lodging Stocks To Buy On The Omicron Dip

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires Portfolio of Three Hotels

Apple Hospitality REIT Acquires Portfolio of Three Hotels

The company has outperformed its peers and the DJ Hospitality and Lodging REIT index.

Apple Hospitality REIT: Growth Will Bear Fruit

Apple Hospitality REIT, Inc. (APLE) CEO Justin Knight on Q3 2021 Results - Earnings Call Transcript

Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 10.00% and 9.99%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Apple Hospitality REIT (APLE) Q3 FFO and Revenues Surpass Estimates

News for Apple Hospitality REIT Stock (APLE)