Apple Hospitality REIT Inc. reported net income of $50.9 million for the third quarter ended September 30, 2025, a decrease of 9.6% compared to $56.3 million for the same period in 2024. Net income per share was $0.21, down 8.7% from $0.23 in the third quarter of 2024. For the nine months ended September 30, 2025, net income was $145.7 million, a 20.9% decline from $184.2 million in the previous year, with net income per share at $0.61 compared to $0.76, down 19.7%. Comparable Hotels Occupancy for the quarter was 76%, down 1.2%; average daily rate (ADR) was $163, down 0.6%; and revenue per available room (RevPAR) was $124, down 1.8%. As of September 30, 2025, the company owned 220 hotels with a total of 29,687 guest rooms. During the first nine months of 2025, Apple Hospitality invested approximately $50 million in capital expenditures and expects to invest $80 million to $90 million in capital improvements for the year. The company reported total outstanding debt of approximately $1.5 billion, a cash balance of about $50 million, and $648 million available under its revolving credit facility.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apple Hospitality REIT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251102877793) on November 03, 2025, and is solely responsible for the information contained therein.
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