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Apple Hospitality Reit Inc - APLE STOCK NEWS

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.

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Apple Hospitality REIT, Inc. (NYSE: APLE) has announced the acquisition of SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, further expanding its hotel portfolio. The hotel boasts premium amenities, including spacious guest rooms, flexible meeting space, and a rooftop pool with views of the Las Vegas Strip. The acquisition is expected to strengthen the company's position in the hospitality industry, with a positive outlook for the Las Vegas market and the hotel's performance.
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Apple Hospitality REIT, Inc. (NYSE: APLE) published its annual Corporate Responsibility Report, detailing the Company’s environmental, social, and governance performance. The report emphasizes the commitment to environmental sustainability, corporate employees, hotel associates and guests, communities, and other stakeholders. The CEO, Justin Knight, highlights the Company’s dedication to continuous improvement and the incorporation of new programs and strategies as the ESG landscape expands and evolves. The report utilizes both the Global Reporting Initiative (GRI) Standards and Task Force on Climate-related Financial Disclosures (TCFD) to provide a comprehensive overview of the Company’s corporate responsibility performance and climate-related risk management.
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Apple Hospitality REIT, Inc. (NYSE: APLE) plans to report Q4 and full year 2023 financial results on February 22, 2024, and host a conference call on February 23, 2024, to discuss the results.
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Apple Hospitality REIT, Inc. (NYSE: APLE) declares a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.05 per common share, totaling $0.13 per common share. The distribution is payable on January 16, 2024, to shareholders of record as of December 29, 2023. With a closing price of $16.99 on December 18, 2023, the annualized regular monthly cash distribution of $0.96 per common share represents an annual yield of approximately 5.7%.
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Apple Hospitality REIT, Inc. (APLE) completed the acquisition of the 192-room Embassy Suites by Hilton South Jordan Salt Lake City for approximately $36.8 million. The hotel is ideally located in a thriving city with strong economic and population growth. The acquisition aims to enhance long-term shareholder value. Apple Hospitality has two additional hotels under contract for purchase, with revenue per available room in the Salt Lake City South, UT submarket improving by approximately 8%.
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Apple Hospitality REIT, Inc. (NYSE: APLE) announced a regular monthly cash distribution of $0.08 per common share, payable on December 15, 2023, to shareholders of record as of November 30, 2023. With an annualized distribution of $0.96 per common share, the annual yield is approximately 5.8% based on the closing price of $16.49 on November 17, 2023.
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Apple Hospitality REIT, Inc. (NYSE: APLE) announced Q3 2023 results, with net income of $58.5M, a 1.1% decrease from Q3 2022, and Comparable Hotels RevPAR growth of 3%. The company acquired four hotels since the beginning of the year, with three additional hotels under contract for purchase.
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Apple Hospitality REIT completes acquisition of Residence Inn by Marriott Seattle South/Renton
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Apple Hospitality REIT declares monthly cash distribution of $0.08 per share
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Apple Hospitality REIT, Inc. announces acquisition of hotels in downtown Salt Lake City and plans for further portfolio expansion
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Apple Hospitality Reit Inc

NYSE:APLE

APLE Rankings

APLE Stock Data

2.84B
221.24M
6.84%
88.06%
3.58%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States
RICHMOND