Apple Hospitality REIT Reports Results of Operations for Second Quarter 2025

Did Apple Hospitality REIT provide guidance for the third quarter or full‑year 2025, and what assumptions underpin that outlook? How did APLE's second‑quarter 2025 revenue and net operating income compare to consensus estimates? Are there any notable changes to the REIT's capital allocation strategy, such as acquisitions, dispositions, or dividend policy, reflected in the results? How are occupancy rates and average daily rates trending versus the prior quarter and year‑ago period? What macro‑economic or travel‑demand trends were highlighted that could influence future performance? How does the current leverage and liquidity profile compare to peers within the hospitality REIT sector? Did the earnings release trigger any covenant breaches or contingent debt terms that could affect financial flexibility? What impact do reported renovation and works (R&W) costs have on cash flow and earnings per share? Are there any forward‑looking statements regarding inflation, interest‑rate outlook, or other macro‑risks that could affect the stock’s valuation? What was same‑store NOI growth and what does it indicate about underlying operational performance?