AI brief of an SEC Form 8-K · Apple Hospitality REIT (APLE)

Apple Hospitality REIT Q4 net income rises 44% to $29.8 million

Mixed Impact 3 of 5 earnings Written later

Apple Hospitality REIT reported fourth-quarter and full-year 2024 results on February 24, 2025. Net income rose to $29.8 million for the quarter and $214.1 million for the year, while Comparable Hotels RevPAR grew 2.7% in the fourth quarter and 1.4% for the full year. The company's 2025 net income guidance of $173 million to $202 million is below its 2024 full-year net income of $214.1 million, so shareholders face mixed signals.

Key points

  • Q4 2024 net income was $29.8 million, up 43.6% from $20.8 million in Q4 2023.
  • Full-year 2024 net income per share was $0.89, up from $0.77 in 2023.
  • 2025 guidance projects net income of $173 million to $202 million and Comparable Hotels RevPAR change of 1.0% to 3.0%.
  • Q4 2024 Adjusted EBITDAre was $96.6 million, up 6.7%, and Comparable Hotels Adjusted Hotel EBITDA margin fell 40 basis points to 32.9%.

The filing

CompanyApple Hospitality REIT (APLE)
Form8-K, current report
Filed with the SECFeb 24, 2025, 4:15 PM ET
Accession number0000950170-25-025637

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2025.

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.