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

Apple Hospitality REIT Q1 net income falls 42% to $31.2 million; 2025 guidance cut

Negative Impact 4 of 5 earnings Written later

Apple Hospitality REIT reported first quarter 2025 net income of $31.2 million, down 42.2% from $54.1 million a year earlier, and Comparable Hotels RevPAR fell 0.5%. The company lowered its 2025 outlook, reducing net income guidance by $6.5 million and Adjusted EBITDAre guidance by $14 million at the midpoint, citing a slight pullback in future bookings and greater macroeconomic uncertainty.

Key points

  • Net income was $31.2 million, or $0.13 per share, versus $54.1 million, or $0.22 per share, in Q1 2024.
  • Comparable Hotels RevPAR declined 0.5%; preliminary April 2025 Comparable Hotels RevPAR fell about 3.5% from April 2024.
  • Updated 2025 net income guidance is $167 million to $195 million, a $6.5 million reduction at the midpoint of prior guidance.
  • The company repurchased about 1.9 million shares for $26.3 million in Q1 2025 and about 0.5 million more in April 2025.

The filing

CompanyApple Hospitality REIT (APLE)
Form8-K, current report
Filed with the SECMay 1, 2025, 4:15 PM ET
Accession number0000950170-25-061854

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 May 01, 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.