APLE News and Press, Apple Hospitality REIT Inc. From 04/12/23

2023-04-12 10:00:00 ET Summary With recent distress across office markets seizing the headlines, Mall REITs are no longer the "Problem Child" of the REIT sector, particularly after weaker players and lower-tier malls closed shop. Following three years of rental rate and occupancy ...

2023-04-02 07:19:00 ET The last year has been brutal for much of the stock market. Rising interest rates and uncertain macroeconomic conditions were especially hard on real estate investment trusts ( REITs ). Since these atypical stocks rely heavily on debt to invest in real estate and ...

2023-03-30 09:59:27 ET Wells Fargo analyst Dori Kesten revised her coverage of four lodging REITs after assessing their respective liquidity profiles and debt maturities, according to a Thursday note. For the upgrades, Apple Hospitality REIT ( NYSE: APLE ) and DiamondRo...

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report first quarter 2023 financial results after the market closes on Tuesday, May 2, 2023, and host a conference call for investors and interested partie...

2023-03-11 12:00:00 ET Equity REITs plunged in value this week, as U.S. stocks suffered the impact of the statement by Federal Reserve chief Jerome Powell on interest rates and the official confirmation of the closure of Silicon Valley Bank. Powell had indicated that t...

2023-03-07 09:15:00 ET Summary 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 divi...

2023-03-04 09:00:00 ET Summary John's retirement accounts generated a total of $2,176.19 of dividend income for January 2023 vs. $1,904.00 of dividend income for January 2022. John's Traditional IRA had a balance of $372.2K as of January 31, 2023, vs. $361.3K on January 31, 2022. ...

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-recommende...

Summary 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 his...

The following slide deck was published by Apple Hospitality REIT, Inc. in conjunction with their 2023 Q4 earnings call. For further details see: Apple Hospitality REIT, Inc. 2023 Q4 - Results - Earnings Call Presentation