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2023-07-09 09:00:00 ET Summary U.S. equity markets slumped this past week while benchmark interest rates climbed towards the highest levels of 2023 after employment data showed enough labor market resilience to keep the "hawks" in control. After an end-of-quarter rally lifted the ...
2023-07-05 16:49:18 ET Apple Hospitality REIT ( NYSE: APLE ) expanded its portfolio with the acquisition of the newly renovated Courtyard by Marriott Cleveland University Circle for $31M, or about $201K per key, it said Wednesday. The 154-room Cleveland, Ohio-based Hotel ope...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the newly renovated Courtyard by Marriott Cleveland University Circle (the “Hotel”) for $31 million, or approximately $201,000 per key. ...
2023-07-01 09:00:00 ET Summary John's retirement accounts generated a total of $1,398.58 of dividend income for May 2023 vs. $1,166.62 of dividend income for May 2022. John's Traditional IRA had a balance of $328.9K as of May 31, 2023, vs. $374.8K on May 31, 2022. The estimated an...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced recipients of the Company’s 2022 Apple Awards. The winners were chosen for their outstanding contributions in 2022. “We work with some of the best managem...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report second quarter 2023 financial results after the market closes on Thursday, August 3, 2023, and host a conference call for investors and interested p...
2023-06-06 10:11:16 ET Apple Hospitality REIT ( NYSE: APLE ) CEO Justin Knight discussed the lodging REIT's occupancy rebound from Covid lows, as well as its balance sheet strength and the potential industry-wide impacts of AI, at the Nareit REITweek conference Tuesday. ...
2023-05-30 05:09:50 ET Summary Well-diversified hotel portfolio with strong branding. Q1 2023 earnings show the company's continued recovery from the pandemic. Current forward dividend yield of 6.62% and share price makes it an attractive entry point. Introduction ...
2023-05-28 01:04:13 ET Summary Apple Hospitality REIT is a hotel REIT with industry-leading tenants. It has been recovering well after the pandemic. My analysis leads me to a buy rating for APLE stock. Apple Hospitality REIT ( APLE ) is a room focused hotel REIT with...
2023-05-24 10:00:00 ET Summary Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The fina...
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