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Apple Hospitality REIT, Inc. Q3 FY2023 Earnings Call

Apple Hospitality REIT, Inc. (APLE)

Earnings Call FY2023 Q3 Call date: 2023-11-08 Concluded

Guidance

from the 8-K filed Nov 7, 2023
Metric Guided
Net income table Lowered
full year 2023
$167M – $189M
Comparable Hotels Adjusted Hotel EBITDA Margin % table Lowered
full year 2023
35.4% – 36.3%
Comparable Hotels RevPAR Change table Raised
full year 2023
5.5% – 7.5%
Adjusted EBITDAre table Lowered
full year 2023
$423M – $440M
Capital expenditures table Maintained
full year 2023
$70M – $80M

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