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APLE News and Press, Apple Hospitality REIT Inc. From 11/08/22

Stock Information

Company Name: Apple Hospitality REIT Inc.
Stock Symbol: APLE
Market: NYSE
Website: applehospitalityreit.com

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

Apple Hospitality REIT, Inc. (APLE) Q3 2022 Earnings Conference Call November 8, 2022 10:00 ET Company Participants Kelly Clarke - Vice President, Investor Relations Justin Knight - Chief Executive Officer Liz Perkins - Chief Financial Officer Conference Ca...

APLE - Apple Hospitality Q3 earnings beat as RevPAR tops prepandemic levels

Apple Hospitality ( NYSE: APLE ) saw its Q3 2022 revenue per available room grow ~8% from Q3 2019, with its average daily rate increasing 13% from the comparable prepandemic quarter despite a 5% decline in occupancy, the hotel REIT said Monday. "The shift in consumer spendin...

APLE - Apple Hospitality MFFO of $0.45 beats by $0.01, revenue of $341.15M beats by $10.09M

Apple Hospitality press release ( NYSE: APLE ): Q3 MFFO of $0.45 beats by $0.01 . Revenue of $341.15M (+23.1% Y/Y) beats by $10.09M . “With continued improvement in business transient demand and the ongoing strength of leisure travel across our markets, ...

APLE - Apple Hospitality REIT Reports Results of Operations for Third Quarter 2022

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced results of operations for the third quarter ended September 30, 2022. Comparable Hotels is defined as the 218 hotels owned by the Company as of September 30...

APLE - Fed Not Done Yet, But Probably Should Be

Summary U.S. equity markets slumped this week after the Federal Reserve approved another "jumbo" rate hike while lukewarm employment data pushed back the timeline for a potential "pivot" towards less-aggressive tightening. Retreating following its best week since November 2020, th...

APLE - Apple Hospitality REIT: Ripe To Buy

Summary 24% technical buy signals. 17 new highs and up 21.76% in the last month. Analyst's price targets from 17.00 to 22.00. The Chart of the Day belongs to the hotel REIT Apple Hospitality ( APLE ). I found the stock by sorting the Russell 3000 Index stocks...

APLE - The Retiree's Dividend Portfolio - John's September Update: Portfolio Income Rises As We Deploy Cash Reserves

Summary John's retirement accounts generated a total of $2,541.87 of dividend income for September 2022 vs. $2,158.34 of dividend income for September 2021. John's Traditional IRA had a balance of $324.6K as of September 30, 2022, vs. $327.1K on September 30, 2021. The estimated a...

APLE - Apple Hospitality beefs up portfolio with additional hotel purchases

Hotel REIT Apple Hospitality ( NYSE: APLE ) buys 2 Marriott-branded hotels in Kentucky and Pennsylvania for $85M. APLE bought the AC Hotel by Marriott Louisville Downtown for $51M, and the AC Hotel by Marriott Pittsburgh Downtown for $34M. With current acquisitions taken i...

APLE - Apple Hospitality REIT Acquires the AC Hotel by Marriott Louisville Downtown and the AC Hotel by Marriott Pittsburgh Downtown

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the AC Hotel by Marriott Louisville Downtown for $51 million, or approximately $327,000 per key, and the AC Hotel by Marriott Pittsburgh Downto...

APLE - Earnings Season Brings Relief

Summary U.S. equity markets rebounded with their best weekly gains since July after a decent start to corporate earnings season eased the seemingly-relentless selling pressure even as interest rates swelled to multi-decade-highs. Rebounding from two-year-lows and gaining for just ...

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