Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality’s portfolio consists of 220 hotels with approximately 29,800 guest rooms located in 85 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company’s hotel portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel.
Analyst Outlook | Analysts set price targets ranging from $17 to $19, with Barclays and Baird maintaining positive ratings on APLE's growth potential |
Market Positioning | Delve into APLE's ability to navigate consumer spending concerns and labor market challenges while maintaining operational efficiency |
Strategic Acquisitions | Explore APLE's capital allocation strategy, focusing on high-quality assets and accretive transactions to drive growth and shareholder value |
RevPAR Resilience | Apple Hospitality REIT demonstrates strong Revenue per Available Room performance, outpacing peers in the select service hotel segment amid industry challenges |
Metrics to compare | APLE | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipAPLEPeersSector | |
---|---|---|---|---|
P/E Ratio | 14.4x | −2.3x | 8.7x | |
PEG Ratio | −2.08 | −0.13 | 0.01 | |
Price / Book | 0.9x | 0.7x | 0.9x | |
Price / LTM Sales | 1.9x | 0.5x | 3.8x | |
Upside (Analyst Target) | 11.6% | 3.3% | 14.0% | |
Fair Value Upside | Unlock | 11.2% | 2.2% | Unlock |