APLE News & Events

Sees FY comparable hotels RevPAR down 1% to up 1%.

Reports Q4 revenue $326.44M, consensus $322.25M. Justin Knight, Chief Executive Officer of Apple Hospitality, commented, "Our portfolio of efficient, high-quality hotels is broadly diversified across 84 markets with exposure to a wide variety of demand generators. During the year, leisure travel remained strong across our hotel portfolio while policy uncertainty and a pullback in government travel impacted demand, temporarily disrupting the steady improvement in midweek occupancy that characterized much of 2024. Our asset management and hotel teams adjusted strategy to optimize the mix of business at our hotels as demand trends shifted, in many cases layering on additional group business, to bolster market share and strengthen overall portfolio performance. Through the successful navigation of changes in government-dependent demand combined with continued strength in leisure travel, we achieved Comparable Hotels RevPAR of $118 for the full year 2025, down only 1.6% to 2024, despite the challenging operating backdrop. As we look ahead, we are confident we are well positioned for growth as the operating environment improves. "

DHS Assistant Secretary Tricia McLaughlin told Fox News Digital in a statement: "Hilton has launched a coordinated campaign in Minneapolis to REFUSE service to DHS law enforcement. When officers attempted to book rooms using official government emails and rates, Hilton Hotels maliciously CANCELLED their reservations." Some traders have linked the DHS claims to a Hilton (HLT) brand Hampton Inn alleged to be owned by Apple Hospitality REIT, contacts tell The Fly.