Apple Hospitality REIT (APLE) released an updated investor presentation detailing strong second quarter 2026 operating results and a positive outlook for July. The company reported significant year-over-year growth in key performance metrics, driven by improved business and leisure demand across its portfolio.

Key Details

  • Q2 2026 Performance: Comparable Hotels Revenue Per Available Room (RevPAR) increased 5.3% year-over-year, driven by a 3.5% increase in Average Daily Rate (ADR) to $169.90 and a 1.6% increase in Occupancy to 80.1%.
  • July 2026 Outlook: Preliminary results for July 2026 indicate continued momentum, with Comparable Hotels RevPAR growth of more than 5.5% compared to the prior year.
  • Balance Sheet & Strategy: The company noted a strong balance sheet with approximately $700 million available on its credit facility and no significant debt maturities until 2029. The presentation also highlighted two hotel developments under contract for future acquisition in Anchorage, AK and Las Vegas, NV.