---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-075886"
form_type: "8-K"
ticker: "APLE"
cik: "0001418121"
company_name: "Apple Hospitality REIT, Inc."
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:46:30.861323+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Apple Hospitality REIT acquires Embassy Suites Madison for $79.5M, sells SpringHill Suites Greensboro for $7.1M

## Summary
- Acquired 262-room Embassy Suites by Hilton Madison Downtown for ~$79.5M ($303k per key); sale-leaseback fixed-price contract.
- Sold 82-room SpringHill Suites by Marriott Greensboro for ~$7.1M.
- Portfolio now includes 224 hotels with 30,066 rooms across 37 states and D.C.
- One additional hotel under contract: Motto by Hilton Nashville for ~$98.2M, expected late 2025 (conditions not yet satisfied).
- Madison CBD submarket RevPAR improved ~7% YoY per STR data through May 2024.

## SEC filing metadata
- accession: 0000950170-24-075886
- form_type: 8-K
- ticker: APLE
- cik: 0001418121
- company_name: Apple Hospitality REIT, Inc.
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418121/000095017024075886/0000950170-24-075886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418121/000095017024075886/aple-20240620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-075886
- JSON: https://secwatch.observer/filing/0000950170-24-075886.json
- Plain text: https://secwatch.observer/filing/0000950170-24-075886.txt

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