NYSE:APLEHotel and Resort REITs
Apple Hospitality REIT (APLE) Is Up 7.4% After Raising 2026 Outlook and Expanding Hotel Portfolio
Apple Hospitality REIT, Inc. reported first‑quarter 2026 results with revenue of US$337.74 million and net income of US$27.70 million, while also updating full‑year 2026 net income guidance to a range of US$142.52 million to US$169.42 million.
The company paired its guidance increase with new forward‑purchase hotel agreements in Anchorage and Las Vegas, underscoring continued portfolio expansion alongside disciplined capital allocation and steady operating performance.
We’ll now examine how...