---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-036844"
form_type: "8-K"
ticker: "APLE"
cik: "0001418121"
company_name: "Apple Hospitality REIT, Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:04:41.205469+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Apple Hospitality REIT acquires AC Hotel Washington DC for $116.8M

## Summary
- Acquired 234-room AC Hotel by Marriott in Washington DC for $116.8M ($499,000 per key).
- Hotel opened Oct 2020, LEED Certified, one block from Walter E. Washington Convention Center.
- Two other hotels under contract: Embassy Suites Madison (~$79.3M, 262 rooms) and Motto Nashville (~$98.2M, 260 rooms).
- Post-acquisition portfolio totals 224 hotels with 29,886 rooms across 37 states and DC.
- Washington DC CBD RevPAR improved ~21% for trailing twelve months ended Dec 2023 vs prior year.

## SEC filing metadata
- accession: 0000950170-24-036844
- form_type: 8-K
- ticker: APLE
- cik: 0001418121
- company_name: Apple Hospitality REIT, Inc.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418121/000095017024036844/0000950170-24-036844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418121/000095017024036844/aple-20240325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-036844
- JSON: https://secwatch.observer/filing/0000950170-24-036844.json
- Plain text: https://secwatch.observer/filing/0000950170-24-036844.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.