Apple Hospitality REIT — Third Quarter 2026 Earnings Summary

Apple Hospitality REIT reported net income of $60.5 million for the third quarter of 2026, representing an 18.9% increase from the same period in 2025. The company's comparable hotels achieved a 7.3% growth in RevPAR, driven by a 4.3% increase in average daily rate and a 2.8% rise in occupancy. Adjusted EBITDAre grew 13.3% to $139.7 million, while the company updated its full-year 2026 net income guidance to a range of $177 million to $192 million. Additionally, the portfolio now includes 216 hotels, with five properties currently under contract for sale totaling approximately $72 million.