Apple Hospitality REIT, Inc. Form 8-K Filing

Apple Hospitality REIT, Inc. filed a Form 8-K on June 15, 2026, to furnish an updated investor presentation. This presentation, made available on their website, includes operating statistics for May and June 2026. The filing also details the company's profile, investment strategy, and financial performance. Key highlights include a diverse portfolio of 216 upscale, rooms-focused hotels across 37 states, with an average effective age of 5 years. The company reported $1.4 billion in revenue for Full Year 2025 and an MFFO per share of $1.55. They also noted a TSR outperformance against industry indices. The presentation emphasizes the company's strong, flexible balance sheet, with a Net Total Debt to Total Capitalization of 37% and 63% of outstanding debt effectively fixed. Operational performance in Q1 2026 exceeded expectations, with Comparable Hotels RevPAR up 2.2% and Same Store Hotels Adjusted Hotel EBITDA up 4.2%. The company continues its disciplined capital allocation, selling a property in April 2026 and reinvesting in capital improvements. They maintain a strong liquidity position with approximately $559 million available on their revolving credit facility. The outlook for new supply in the hotel industry remains attractive, with 57% of their hotels having no new supply under construction within a five-mile radius.