Nov 5, 4:15 PM ET
Apple Hospitality REIT reported third quarter 2026 net income of $60.5 million, up 18.9% from a year earlier, and net income per share of $0.26, up 23.8%. The company raised its full-year 2026 outlook, with net income now expected at $177 million to $192 million and Adjusted EBITDAre at $482 million to $493 million, which means higher expected profit for shareholders.
- Q3 2026 Adjusted EBITDAre was $139.7 million, up 13.3%, and Comparable Hotels RevPAR rose 7.3%.
- Full-year 2026 guidance: net income $177 million to $192 million; Comparable Hotels RevPAR change 5.1% to 6.1%.
- Company said preliminary October 2026 Comparable Hotels RevPAR rose approximately 10%.
- Five hotels are under contract for sale for a combined $71.8 million, with closings expected in the fourth quarter 2026.
Read the filing on SEC.gov ↗
Aug 5, 4:15 PM ET
Apple Hospitality REIT reported second-quarter 2026 net income of $67.1 million, up 5.4% from a year earlier, and net income per share of $0.28, up from $0.27. The company raised its 2026 outlook, lifting the midpoint of its net income guidance by $10 million and its Adjusted EBITDAre guidance by $17.5 million, citing improved business and leisure travel demand.
- Q2 2026 net income $67.1 million vs. $63.6 million; six-month net income $94.8 million, down 0.1%
- Comparable Hotels RevPAR of $136.17, up 5.3%; July 2026 preliminary RevPAR up more than 5.5% year over year
- Updated 2026 guidance: net income $152 million to $180 million; Adjusted EBITDAre $453 million to $476 million
- In July 2026, the $1.2 billion unsecured credit facility was amended to about $1.3 billion; the Seven-Year Term Loan was increased to $160 million with maturity on July 24, 2033
Read the filing on SEC.gov ↗
Jul 28, 4:15 PM ET
On July 23, 2026, Apple Hospitality REIT entered a Fourth Amended and Restated Credit Agreement that raises its senior unsecured revolver to $700 million from $650 million and extends the revolver and two term loans to 2030, 2031 and 2032. Separately, a $130 million term loan with PNC Bank was increased to $160 million and extended to July 24, 2033. The company's press release says it has no significant debt maturities until 2029, which matters to shareholders because the longer maturities reduce near-term refinancing needs, while the new agreement adds covenants and conditions on borrowing.
- Revolver commitments rise from $650 million to $700 million, with maturity extended from July 25, 2026 to July 24, 2030
- $275 million Term A-1 Loan extended to July 24, 2031; $300 million Term A-2 Loan extended to January 23, 2032
- $130 million PNC term loan increased to $160 million and extended to July 24, 2033, with the extra $30 million used to repay revolver and secured debt
- Accordion option allows total commitments up to $1.75 billion, subject to lender commitments and other conditions
Read the filing on SEC.gov ↗
Jun 10, 4:15 PM ET
Apple Hospitality REIT said its Chief Financial Officer, Elizabeth S. Perkins, took on the additional role of principal accounting officer on June 10, 2026, succeeding Rachel Labrecque, who died on June 9, 2026. The filing says no new compensation arrangements were made, and it states there is no related-party transaction or family relationship involved.
- Elizabeth S. Perkins, Senior Vice President and Chief Financial Officer, was appointed principal accounting officer on June 10, 2026.
- She succeeds Rachel Labrecque, who passed away on June 9, 2026.
- Her biographical information is incorporated by reference from the company's proxy statement filed April 2, 2026.
- The filing states no changes were made to plans or arrangements in which Ms. Perkins participates.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
