secwatch.observer — SEC 8-K summary
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Issuer:     Apple Hospitality REIT, Inc. (APLE)
CIK:        0001418121
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000950170-25-061854
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apple Hospitality REIT Q1 net income drops 42% YoY; RevPAR comparable down 0.5%
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- Net income $31.2M (diluted EPS $0.13) vs $54.1M ($0.22) a year ago, down 42.2%.
- Comparable Hotels Adjusted Hotel EBITDA $104.9M, margin 32.3%, down from $110.9M, 34.1%.
- Comparable Hotels RevPAR $111.36 (-0.5% YoY); ADR +1.0%, occupancy -1.5pp to 71.1%.
- MFFO per share $0.32, down 5.9%; quarterly distribution maintained at $0.29 per share.
- Leverage ratio (net debt to total cap) 33.1%; cash $14.9M, total debt $1.54B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418121/000095017025061854/0000950170-25-061854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418121/000095017025061854/aple-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061854

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer