0000950170-22-022616.txt : 20221107 0000950170-22-022616.hdr.sgml : 20221107 20221107161551 ACCESSION NUMBER: 0000950170-22-022616 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220930 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20221107 DATE AS OF CHANGE: 20221107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Apple Hospitality REIT, Inc. CENTRAL INDEX KEY: 0001418121 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 261379210 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37389 FILM NUMBER: 221365642 BUSINESS ADDRESS: STREET 1: 814 EAST MAIN STREET CITY: RICHMOND STATE: VA ZIP: 23219 BUSINESS PHONE: 804.344.8121 MAIL ADDRESS: STREET 1: 814 EAST MAIN STREET CITY: RICHMOND STATE: VA ZIP: 23219 FORMER COMPANY: FORMER CONFORMED NAME: Apple REIT Nine, Inc. DATE OF NAME CHANGE: 20071109 8-K 1 aple-20220930.htm 8-K 8-K
0001418121false00014181212022-09-302022-09-30

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2022

 

 

APPLE HOSPITALITY REIT, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Virginia

001-37389

26-1379210

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

814 East Main Street

 

Richmond, Virginia

 

23219

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 804 344-8121

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Shares, no par value

 

APLE

 

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

Item 2.02. Results of Operations and Financial Condition.

On November 7, 2022, the Company announced its financial results for the three and nine months ended September 30, 2022. A copy of the Company’s press release is furnished as Exhibit 99.1 to this current report on Form 8-K.

The information contained in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing made by the Company under the Exchange Act or Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

 

99.1

Press Release dated November 7, 2022

104

Cover Page Interactive Data File (formatted as Inline XBRL).

 

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Apple Hospitality REIT, Inc.

 

 

 

By:

 

/s/ Justin G. Knight

 

 

Justin G. Knight

 

 

Chief Executive Officer

 

 

 

 

 

November 7, 2022

 

 EX-99.1 2 aple-ex99_1.htm EX-99.1 EX-99.1

Exhibit 99.1

img1383037_0.jpg 

 

Apple Hospitality REIT Reports Results of Operations for Third Quarter 2022

 

RICHMOND, Va. (November 7, 2022) – Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced results of operations for the third quarter ended September 30, 2022.

 

Apple Hospitality REIT, Inc.

Selected Statistical and Financial Data

As of and For the Three and Nine Months Ended September 30

(Unaudited) (in thousands, except statistical and per share amounts)(1)

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2022

 

2021

 

% Change

 

2022

 

2021

 

% Change

Net income

$59,146

 

$31,759

 

86.2%

 

$142,493

 

$5,607

 

n/a

Net income per share

$0.26

 

$0.14

 

85.7%

 

$0.62

 

$0.02

 

n/a

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDAre

$118,895

 

$92,162

 

29.0%

 

$323,401

 

$205,849

 

57.1%

Comparable Hotels Adjusted Hotel EBITDA

$129,089

 

$108,720

 

18.7%

 

$353,158

 

$236,104

 

49.6%

Comparable Hotels Adjusted Hotel EBITDA Margin %

37.9%

 

38.3%

 

(40 bps)

 

37.7%

 

34.8%

 

290 bps

Modified funds from operations (MFFO)

$102,627

 

$76,065

 

34.9%

 

$276,890

 

$152,417

 

81.7%

MFFO per share

$0.45

 

$0.33

 

36.4%

 

$1.21

 

$0.68

 

77.9%

 

 

 

 

 

 

 

 

 

 

 

 

Average Daily Rate (ADR) (Actual)

$157.91

 

$140.02

 

12.8%

 

$150.02

 

$121.36

 

23.6%

Occupancy (Actual)

75.7%

 

71.5%

 

5.9%

 

73.6%

 

65.9%

 

11.7%

Revenue Per Available Room (RevPAR) (Actual)

$119.52

 

$100.14

 

19.4%

 

$110.40

 

$79.94

 

38.1%

 

 

 

 

 

 

 

 

 

 

 

 

Comparable Hotels ADR

$157.90

 

$141.84

 

11.3%

 

$149.99

 

$123.41

 

21.5%

Comparable Hotels Occupancy

75.7%

 

71.4%

 

6.0%

 

73.6%

 

65.9%

 

11.7%

Comparable Hotels RevPAR

$119.53

 

$101.34

 

17.9%

 

$110.40

 

$81.33

 

35.7%

 

 

 

 

 

 

 

 

 

 

 

 

Distributions paid

$38,830

 

$2,278

 

n/a

 

$86,792

 

$4,510

 

n/a

Distributions paid per share

$0.17

 

$0.01

 

n/a

 

$0.38

 

$0.02

 

n/a

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

$25,573

 

 

 

 

 

 

 

 

 

 

Total debt outstanding

$1,326,803

 

 

 

 

 

 

 

 

 

 

Total debt outstanding, net of cash and cash equivalents

$1,301,230

 

 

 

 

 

 

 

 

 

 

Total debt outstanding, net of cash and cash equivalents, to total
  capitalization(2)

28.8%

 

 

 

 

 

 

 

 

 

 

 

(1)
Explanations of and reconciliations to net income determined in accordance with generally accepted accounting principles (“GAAP”) of non-GAAP financial measures, Adjusted EBITDAre, Comparable Hotels Adjusted Hotel EBITDA and MFFO, are included below.
(2)
Total debt outstanding, net of cash and cash equivalents ("net total debt outstanding"), divided by net total debt outstanding plus equity market capitalization based on the Company’s closing share price of $14.06 on September 30, 2022.

 

Comparable Hotels is defined as the 218 hotels owned by the Company as of September 30, 2022. For hotels acquired during the periods noted, the Company has included, as applicable, results of those hotels for periods prior to the Company's ownership, and for dispositions, results have been excluded for the Company's period of ownership. Results for periods prior to the Company's ownership have not been included in the Company's actual Consolidated Financial Statements and are included only for comparison purposes. Results included for periods prior to the Company's ownership are based on information from the prior owner of each hotel and have not been audited or adjusted.

 

Page | 1

 

 

Justin Knight, Chief Executive Officer of Apple Hospitality, commented, “With continued improvement in business transient demand and the ongoing strength of leisure travel across our markets, we achieved our highest quarterly RevPAR growth over the same period in 2019, with third quarter 2022 RevPAR for our portfolio exceeding third quarter 2019 by approximately 8%. The shift in consumer spending toward experiences and improvements in business travel demand enabled us to build upon second quarter rate growth. Our portfolio ADR was up more than 13% for the third quarter 2022 as compared to the third quarter 2019, despite continued opportunity in occupancy. We believe there is additional upside for our business as corporate travel improves, additional markets fully recover and occupancy across our portfolio further strengthens. In a challenging labor and inflationary environment, we are working with the management teams at our hotels to balance cost controls with guest satisfaction in order to maintain the strong value proposition of our assets and create an environment for sustainable rate improvement. During the quarter, we achieved a strong Comparable Hotels Adjusted Hotel EBITDA Margin of approximately 38% and MFFO of approximately $103 million, or $0.45 per share. Recent acquisitions combined with robust performance from our existing portfolio enabled us to achieve third quarter 2022 Adjusted EBITDAre of $119 million, a 3% increase over the same period in 2019. While we are mindful of potential macroeconomic headwinds, the travel industry has proven resilient and based on what we are seeing in our own portfolio, is poised for a countercyclical recovery.”

 

Mr. Knight continued, “During the quarter, we successfully refinanced and upsized our primary unsecured credit facility, further enhancing the strength and financial flexibility of our balance sheet and providing the Company with greater access to liquidity for strategic growth. We continue to allocate capital in ways that we believe will optimize our performance and maximize total returns for our shareholders over time, and in recent months opportunistically repurchased shares, increased our monthly distribution, reinvested in our assets and strategically acquired two high-quality hotels poised for future growth. Given the broad consumer appeal, geographic diversification and quality of our hotels, and the strength and financial flexibility of our balance sheet, we are confident we are well positioned for outperformance in any macroeconomic environment.”

 

Hotel Portfolio Overview

As of September 30, 2022, Apple Hospitality owned 218 hotels with an aggregate of 28,693 guest rooms located in 86 markets throughout 36 states.

 

Highlights

•
Strong operating performance: For the third quarter 2022, as compared to the third quarter 2019, the Company's portfolio achieved an improvement in RevPAR of approximately 8%, despite lower occupancy, with ADR growth of approximately 13% and a decline in occupancy of approximately 5%. Occupancy, ADR and RevPAR for the Company’s portfolio for the third quarter 2022 exceeded industry averages as reported by STR. Occupancy for the Company's portfolio for the month of October 2022 accelerated relative to August and September, reaching approximately 78%, up 7% as compared to October 2021 and down 4% as compared to October 2019, with continued strength in ADR.
•
Strong bottom-line performance: The Company achieved Comparable Hotels Adjusted Hotel EBITDA of approximately $129 million for the third quarter 2022, an improvement of approximately 19% and 4%, as compared to the third quarters of 2021 and 2019, respectively. The Company achieved Comparable Hotels Adjusted Hotel EBITDA Margin of approximately 38% for the third quarter 2022, a decline of 40 bps and 80 bps, as compared to the third quarters of 2021 and 2019, respectively. Actual Adjusted Hotel EBITDA Margin for the quarter was 38%, down 10 bps and up 30 bps to the third quarters of 2021 and 2019, respectively.

Page | 2

 

 

•
Hurricane Ian: The Company's hotels in the direct path of Hurricane Ian did not sustain any material damage and remained open during and after the storm.
•
Transactional activity: During the third quarter 2022, the Company sold a 55-room independent boutique hotel in Richmond, Virginia, for approximately $8.5 million. In October 2022, the Company acquired the AC Hotel by Marriott Louisville Downtown and the AC Hotel by Marriott Pittsburgh Downtown for a total combined purchase price of $85 million.
•
Balance sheet: In July 2022, the Company amended and restated its existing unsecured $850 million credit facility, increasing the total credit facility to approximately $1.2 billion and extending the maturity dates while achieving improved pricing terms across the total credit facility.
•
Monthly distributions: During the quarter, the Company's Board of Directors approved an increase in the Company's regular monthly cash distribution to $0.07 per common share, up from $0.05 per common share, beginning with the Company's September 2022 distribution payment. Then, in October 2022, the Company's Board of Directors approved an additional increase in the Company's regular monthly cash distribution to $0.08 per common share, beginning with the Company's November 2022 distribution payment.

 

The following tables highlight the Company’s monthly performance during the third quarter of 2022, as compared to the third quarters of 2021 and 2019 (in thousands, except statistical data):

 

 

 

July

 

August

 

September

 

 

 

July

 

August

 

September

 

 

 

July

 

August

 

September

 

 

 

 

2022

 

2022

 

2022

 

Q3 2022

 

2021

 

2021

 

2021

 

Q3 2021

 

2019

 

2019

 

2019

 

Q3 2019

ADR

 

$161.55

 

$154.90

 

$157.13

 

$157.91

 

$141.51

 

$140.43

 

$137.85

 

$140.02

 

$143.05

 

$137.65

 

$136.69

 

$139.21

Occupancy

 

77.1%

 

74.6%

 

75.3%

 

75.7%

 

75.5%

 

69.7%

 

69.1%

 

71.5%

 

81.7%

 

80.7%

 

77.1%

 

79.9%

RevPAR

 

$124.57

 

$115.61

 

$118.33

 

$119.52

 

$106.90

 

$97.85

 

$95.24

 

$100.14

 

$116.82

 

$111.12

 

$105.37

 

$111.17

Adjusted Hotel
  EBITDA(1)

 

$48,444

 

$40,101

 

$40,621

 

$129,166

 

$41,942

 

$32,185

 

$31,296

 

$105,423

 

$45,699

 

$41,818

 

$37,079

 

$124,596

 

 

 

 

 

 

 

 

 

 

 

 

% Change

 

% Change

 

 

July

 

August

 

September

 

 

 

July

 

August

 

September

 

 

 

July

 

August

 

September

 

 

 

 

2022

 

2022

 

2022

 

Q3 2022

 

2021

 

2021

 

2021

 

Q3 2021

 

2019

 

2019

 

2019

 

Q3 2019

ADR

 

$161.55

 

$154.90

 

$157.13

 

$157.91

 

14.2%

 

10.3%

 

14.0%

 

12.8%

 

12.9%

 

12.5%

 

15.0%

 

13.4%

Occupancy

 

77.1%

 

74.6%

 

75.3%

 

75.7%

 

2.1%

 

7.0%

 

9.0%

 

5.9%

 

(5.6%)

 

(7.6%)

 

(2.3%)

 

(5.3%)

RevPAR

 

$124.57

 

$115.61

 

$118.33

 

$119.52

 

16.5%

 

18.2%

 

24.2%

 

19.4%

 

6.6%

 

4.0%

 

12.3%

 

7.5%

Adjusted Hotel
  EBITDA(1)

 

$48,444

 

$40,101

 

$40,621

 

$129,166

 

15.5%

 

24.6%

 

29.8%

 

22.5%

 

6.0%

 

(4.1%)

 

9.6%

 

3.7%

 

Note: Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

(1)
See explanation and reconciliation of Adjusted Hotel EBITDA to net income included below.

 

Portfolio Activity

Acquisitions

As previously announced, in October 2022, the Company acquired the existing 156-room AC Hotel Louisville Downtown in Louisville, Kentucky, for $51 million, or approximately $327,000 per key, and the existing 134-room AC Hotel Pittsburgh Downtown in Pittsburgh, Pennsylvania, for $34 million, or approximately $254,000 per key.

 

Disposition

In September 2022, the Company sold its 55-room independent boutique hotel in Richmond, Virginia, for a gross sales price of approximately $8.5 million, resulting in a gain on sale of approximately $1.8 million, which is included in the Company's consolidated statement of operations for the nine months ended September 30, 2022.

 

Page | 3

 

 

Contract for Potential Acquisition

As previously announced, the Company has an outstanding contract for the purchase of an Embassy Suites by Hilton in Madison, Wisconsin, for an anticipated total purchase price of approximately $79 million. The hotel is currently under development and expected to include 260 rooms. There are many conditions to closing that have not yet been satisfied, and there can be no assurance that a closing on this hotel will occur under the outstanding purchase contract. Assuming all conditions to closing are met, the Company anticipates acquiring the hotel following completion of construction, which is expected to occur in early 2024.

 

Capital Improvements

Apple Hospitality consistently reinvests in its hotels to maintain and enhance each property’s relevance and competitive position within its respective market. During the nine months ended September 30, 2022, the Company invested approximately $32 million in capital expenditures. The Company anticipates investing approximately $55 million to $65 million in capital improvements during 2022, which includes various renovation projects for approximately 20 to 25 hotels; however, inflationary pressures or supply chain shortages, among other issues, may result in increased costs and delays for anticipated projects.

 

Balance Sheet and Liquidity

Summary

As of September 30, 2022, the Company had approximately $1.3 billion of total outstanding debt with a current combined weighted-average interest rate of approximately 3.7%, cash on hand of approximately $26 million, availability under its revolving credit facility of $650 million and term loan availability of $100 million, of which $50 million was drawn subsequent to September 30, 2022. Excluding unamortized debt issuance costs and fair value adjustments, the Company’s total outstanding debt is comprised of approximately $332 million in property-level debt secured by 19 hotels and approximately $1.0 billion outstanding under its unsecured credit facilities. The number of unencumbered hotels in the Company’s portfolio as of September 30, 2022, was 199. The Company’s total debt to total capitalization, net of cash and cash equivalents at September 30, 2022, was approximately 29%. The Company’s weighted-average debt maturities are 4.7 years.

 

Amended and Restated Primary Unsecured Credit Facility

On July 25, 2022, the Company amended and restated its existing $850 million credit facility, increasing the borrowing capacity to approximately $1.2 billion, extending maturity dates and achieving improved pricing across the credit facility. Through the amended credit agreement, the Company has greater access to liquidity for strategic growth and the opportunity to reduce its already conservative secured debt exposure. The $1.2 billion credit facility is comprised of a term loan of $275 million with a maturity date of July 25, 2027; a term loan of up to $300 million with a maturity date of January 31, 2028 (including $150 million available via a delayed draw option until 180 days from closing); and a revolving credit facility of $650 million with an initial maturity date of July 25, 2026, which may be extended up to one year subject to certain conditions. The amendments under the total $1.2 billion credit facility provide for additional capacity of $150 million under the term loans and additional capacity of $225 million under the revolving credit facility. The credit agreement also includes an accordion feature through which the amount of the total credit facility may be increased from approximately $1.2 billion to $1.5 billion. The terms of the amended and restated credit agreement are generally similar to the Company’s previous $850 million credit agreement. The facilities will bear interest pursuant to a leverage-based pricing grid ranging from 1.35% to 2.25% over an adjusted SOFR rate. At closing, the Company borrowed $475 million under the term loans and used the proceeds to repay the $425 million outstanding under the term loans of the previous credit facility and $50 million outstanding under the revolving credit facility.

Page | 4

 

 

Capital Markets

Share Repurchase Program

The Company has in place a Share Repurchase Program that provides for share repurchases in open market transactions. During the nine months ended September 30, 2022, the Company purchased, under its Share Repurchase Program, approximately 0.1 million of its common shares at a weighted-average market purchase price of approximately $14.20 per common share, for an aggregate purchase price of approximately $1.5 million. Subsequent to the end of the third quarter, the Company purchased, under its Share Repurchase Program, an additional 81,100 common shares, bringing the total shares purchased year-to-date through October 31, 2022, to approximately 0.2 million common shares at a weighted-average market purchase price of approximately $14.21 per common share, for an aggregate purchase price of approximately $2.7 million. As of October 31, 2022, the Company had approximately $342.3 million remaining under its Share Repurchase Program for the repurchase of shares. Shares were repurchased under a written trading plan as part of the Share Repurchase Program that provides for share repurchases in open market transactions and that is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.

 

ATM Program

The Company also has in place an at-the-market offering program (the “ATM Program”). As of September 30, 2022, the Company had approximately $224 million remaining under its ATM Program for the issuance of shares. No shares were sold under the ATM program during the nine months ended September 30, 2022.

 

Shareholder Distributions

During the three months ended September 30, 2022, the Company paid distributions totaling $0.17 per common share. In August 2022, the Company's Board of Directors approved an increase in the Company's regular monthly cash distribution from $0.05 to $0.07 per common share, which was paid in September and October. In October 2022, the Company's Board of Directors approved an additional increase in the Company's regular monthly cash distribution from $0.07 to $0.08 per common share and declared a regular monthly cash distribution of $0.08 per common share for the month of November 2022. Based on the Company’s common stock closing price of $16.21 on November 4, 2022, the current annualized distribution of $0.96 per common share represents an annual yield of approximately 5.9%. While the Company expects monthly distributions to continue, each distribution is subject to approval by the Company’s Board of Directors. The Company’s Board of Directors, in consultation with management, will continue to monitor the Company’s distribution rate and timing relative to the performance of its hotels, capital improvement needs, varying economic cycles, acquisitions, dispositions, other cash requirements and the Company’s REIT status for federal income tax purposes, and may make adjustments as it deems appropriate.

 

2022 Outlook

The Company is providing the following full year 2022 outlook regarding certain corporate expenses, which is based on management’s current view and does not take into account any unanticipated developments in its business or changes in its operating environment:

•
General and administrative expenses are projected to be approximately $38 million to $42 million, including both cash and share-based compensation.
•
Interest expense is projected to be approximately $58 million to $63 million.
•
Capital expenditures are projected to be approximately $55 million to $65 million.

As compared to previously provided 2022 corporate expense guidance, the Company is adjusting general and administrative expenses by increasing both the low and high ends of the range related to executive incentive compensation, based on operational and shareholder return performance through September 30, 2022. The Company

Page | 5

 

 

does not expect to issue operational guidance or provide additional outlook updates until it has more certainty on trends within the industry or otherwise deems appropriate.

 

Third Quarter 2022 Earnings Conference Call

The Company will host a quarterly conference call for investors and interested parties at 10 a.m. Eastern Time on Tuesday, November 8, 2022. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial 877-407-9039, and participants from outside the U.S. should dial 201-689-8470. Participants may also access the call via live webcast by visiting the Investor Information section of the Company's website at ir.applehospitalityreit.com. A replay of the call will be available from approximately 1 p.m. Eastern Time on November 8, 2022, through 11:59 p.m. Eastern Time on November 29, 2022. To access the replay, the domestic dial-in number is 844-512-2921, the international dial-in number is 412-317-6671, and the passcode is 13732679. The archive of the webcast will be available on the Company's website for a limited time.

 

About Apple Hospitality REIT, Inc.

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 29,000 guest rooms located in 87 markets throughout 37 states. Concentrated with industry-leading brands, the Company’s portfolio consists of 96 Marriott-branded hotels, 119 Hilton-branded hotels, four Hyatt-branded hotels and one independent hotel. For more information, please visit www.applehospitalityreit.com.

 

Apple Hospitality REIT Non-GAAP Financial Measures

The Company considers the following non-GAAP financial measures useful to investors as key supplemental measures of its operating performance: Funds from Operations (“FFO”); Modified FFO (“MFFO”); Earnings Before Interest, Income Taxes, Depreciation and Amortization (“EBITDA”); Earnings Before Interest, Income Taxes, Depreciation and Amortization for Real Estate (“EBITDAre”); Adjusted EBITDAre; and Adjusted Hotel EBITDA. These non-GAAP financial measures should be considered along with, but not as alternatives to, net income (loss), cash flow from operations or any other operating GAAP measure. FFO, MFFO, EBITDA, EBITDAre, Adjusted EBITDAre and Adjusted Hotel EBITDA are not necessarily indicative of funds available to fund the Company’s cash needs, including its ability to make cash distributions. Although FFO, MFFO, EBITDA, EBITDAre, Adjusted EBITDAre and Adjusted Hotel EBITDA, as calculated by the Company, may not be comparable to FFO, MFFO, EBITDA, EBITDAre, Adjusted EBITDAre and Adjusted Hotel EBITDA, as reported by other companies that do not define such terms exactly as the Company defines such terms, the Company believes these supplemental measures are useful to investors when comparing the Company’s results between periods and with other REITs. Reconciliations of these non-GAAP financial measures to net income (loss) are provided in the following pages.

 

Forward-Looking Statements Disclaimer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by use of statements that include phrases such as “may,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “target,” “goal,” “plan,” “should,” “will,” “predict,” “potential,” “outlook,” “strategy,” and similar expressions that convey the uncertainty of future events or outcomes. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the

Page | 6

 

 

Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

 

Currently, one of the most significant factors that could cause actual outcomes to differ materially from the Company’s forward-looking statements continues to be the adverse effect of COVID-19, including resurgences and variants, on the Company’s business, financial performance and condition, operating results and cash flows, the real estate market and the hospitality industry specifically, and the global economy and financial markets generally. The significance, extent and duration of the continued impacts caused by the COVID-19 pandemic on the Company will depend on future developments, which are highly uncertain and cannot be predicted with confidence at this time, including the extent and effectiveness of the actions taken to mitigate its impact, the acceptance and availability of vaccines, the duration of associated immunity and efficacy of the vaccines against variants of COVID-19, the potential for additional hotel closures/consolidations that may be mandated or advisable, whether based on increased COVID-19 cases, new variants or other factors, and the direct and indirect economic effects of the pandemic and containment measures, among others. Moreover, investors are cautioned to interpret many of the risks identified under the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 as being heightened as a result of the ongoing and numerous adverse impacts of COVID-19. Additional factors include, but are not limited to, the ability of the Company to effectively acquire and dispose of properties and redeploy proceeds; the anticipated timing and frequency of shareholder distributions; the ability of the Company to fund capital obligations; the ability of the Company to successfully integrate pending transactions and implement its operating strategy; changes in general political, economic and competitive conditions and specific market conditions (including the potential effects of inflation or a recessionary environment); reduced business and leisure travel due to travel-related health concerns, including the COVID-19 pandemic or an increase in COVID-19 cases or any other infectious or contagious diseases in the U.S. or abroad; adverse changes in the real estate and real estate capital markets; financing risks; changes in interest rates; litigation risks; regulatory proceedings or inquiries; and changes in laws or regulations or interpretations of current laws and regulations that impact the Company’s business, assets or classification as a REIT. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that such statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the objectives and plans of the Company will be achieved. In addition, the Company’s qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended. Readers should carefully review the risk factors described in the Company’s filings with the Securities and Exchange Commission, including but not limited to those discussed in the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Any forward-looking statement that the Company makes speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements or cautionary factors, as a result of new information, future events, or otherwise, except as required by law.

 

Contact:

Apple Hospitality REIT, Inc.

Kelly Clarke, Vice President, Investor Relations

804-727-6321

kclarke@applereit.com

For additional information or to receive press releases by email, visit www.applehospitalityreit.com.

Page | 7

 

 

Apple Hospitality REIT, Inc.

Consolidated Balance Sheets

(in thousands, except share data)

 

 

 

September 30,

 

December 31,

 

 

2022

 

2021

 

 

(unaudited)

 

 

Assets

 

 

 

 

Investment in real estate, net of accumulated depreciation and amortization of
   $1,446,221 and $1,311,262, respectively

 

$4,567,000

 

$4,677,185

Cash and cash equivalents

 

25,573

 

3,282

Restricted cash-furniture, fixtures and other escrows

 

38,821

 

36,667

Due from third party managers, net

 

65,110

 

40,052

Other assets, net

 

80,999

 

33,341

Total Assets

 

$4,777,503

 

$4,790,527

 

 

Liabilities

 

 

 

 

Debt, net

 

$1,318,319

 

$1,438,758

Finance lease liabilities

 

111,969

 

111,776

Accounts payable and other liabilities

 

94,219

 

92,672

Total Liabilities

 

1,524,507

 

1,643,206

 

 

 

 

 

Shareholders' Equity

 

Preferred stock, authorized 30,000,000 shares; none issued and outstanding

 

-

 

-

Common stock, no par value, authorized 800,000,000 shares; issued and outstanding
   228,833,710 and 228,255,642 shares, respectively

 

4,579,198

 

4,569,352

Accumulated other comprehensive income (loss)

 

38,354

 

(15,508)

Distributions greater than net income

 

(1,364,556)

 

(1,406,523)

Total Shareholders' Equity

 

3,252,996

 

3,147,321

 

 

 

 

 

Total Liabilities and Shareholders' Equity

 

$4,777,503

 

$4,790,527

 

Note: The Consolidated Balance Sheets and corresponding footnotes can be found in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.

Page | 8

 

 

Apple Hospitality REIT, Inc.

Consolidated Statements of Operations and Comprehensive Income

(Unaudited)

(in thousands, except per share data)

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 Room

 

$

315,940

 

 

$

260,415

 

 

$

866,286

 

 

$

640,062

 

 Food and beverage

 

 

11,870

 

 

 

6,315

 

 

 

32,353

 

 

 

14,186

 

 Other

 

 

13,340

 

 

 

10,434

 

 

 

40,657

 

 

 

29,033

 

Total revenue

 

 

341,150

 

 

 

277,164

 

 

 

939,296

 

 

 

683,281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Hotel operating expense:

 

 

 

 

 

 

 

 

 

 

 

 

 Operating

 

 

81,320

 

 

 

61,954

 

 

 

221,715

 

 

 

153,290

 

 Hotel administrative

 

 

27,516

 

 

 

23,126

 

 

 

78,711

 

 

 

62,408

 

 Sales and marketing

 

 

28,533

 

 

 

23,015

 

 

 

78,494

 

 

 

58,283

 

 Utilities

 

 

13,383

 

 

 

11,410

 

 

 

34,226

 

 

 

31,322

 

 Repair and maintenance

 

 

15,632

 

 

 

12,600

 

 

 

43,468

 

 

 

34,711

 

 Franchise fees

 

 

14,949

 

 

 

12,274

 

 

 

41,015

 

 

 

30,058

 

 Management fees

 

 

11,734

 

 

 

9,574

 

 

 

31,955

 

 

 

23,031

 

Total hotel operating expense

 

 

193,067

 

 

 

153,953

 

 

 

529,584

 

 

 

393,103

 

 Property taxes, insurance and other

 

 

19,052

 

 

 

17,927

 

 

 

56,510

 

 

 

54,936

 

 General and administrative

 

 

10,271

 

 

 

13,261

 

 

 

30,216

 

 

 

29,815

 

 Loss on impairment of depreciable real estate assets

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10,754

 

 Depreciation and amortization

 

 

45,135

 

 

 

44,217

 

 

 

135,781

 

 

 

139,313

 

Total expense

 

 

267,525

 

 

 

229,358

 

 

 

752,091

 

 

 

627,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Gain on sale of real estate

 

 

1,785

 

 

 

44

 

 

 

1,785

 

 

 

3,664

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

 

75,410

 

 

 

47,850

 

 

 

188,990

 

 

 

59,024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest and other expense, net

 

 

(14,933

)

 

 

(15,977

)

 

 

(44,785

)

 

 

(53,108

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

60,477

 

 

 

31,873

 

 

 

144,205

 

 

 

5,916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income tax expense

 

 

(1,331

)

 

 

(114

)

 

 

(1,712

)

 

 

(309

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

59,146

 

 

$

31,759

 

 

$

142,493

 

 

$

5,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 Interest rate derivatives

 

 

16,024

 

 

 

3,426

 

 

 

53,862

 

 

 

18,152

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income

 

$

75,170

 

 

$

35,185

 

 

$

196,355

 

 

$

23,759

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per common share

 

$

0.26

 

 

$

0.14

 

 

$

0.62

 

 

$

0.02

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic and diluted

 

 

228,991

 

 

 

228,436

 

 

 

228,992

 

 

 

225,664

 

 

Note: The Consolidated Statements of Operations and Comprehensive Income and corresponding footnotes can be found in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.

Page | 9

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics and Statistical Data

(Unaudited)

(in thousands, except statistical data)

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

 

 

 

 

% Change

 

% Change

 

 

 

 

 

% Change

 

% Change

 

 

2022

 

2021

 

2021

 

2019

 

2022

 

2021

 

2021

 

2019

Total revenue

 

$340,696

 

$284,036

 

19.9%

 

6.3%

 

$937,679

 

$678,323

 

38.2%

 

1.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

211,607

 

175,316

 

20.7%

 

7.7%

 

584,521

 

442,219

 

32.2%

 

2.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA

 

$129,089

 

$108,720

 

18.7%

 

4.1%

 

$353,158

 

$236,104

 

49.6%

 

(1.2%)

Adjusted Hotel EBITDA Margin %

 

37.9%

 

38.3%

 

(40 bps)

 

(80 bps)

 

37.7%

 

34.8%

 

290 bps

 

(80 bps)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Comparable Hotels)

 

$157.90

 

$141.84

 

11.3%

 

9.8%

 

$149.99

 

$123.41

 

21.5%

 

4.8%

Occupancy (Comparable Hotels)

 

75.7%

 

71.4%

 

6.0%

 

(5.5%)

 

73.6%

 

65.9%

 

11.7%

 

(6.4%)

RevPAR (Comparable Hotels)

 

$119.53

 

$101.34

 

17.9%

 

3.7%

 

$110.40

 

$81.33

 

35.7%

 

(1.8%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Actual)

 

$157.91

 

$140.02

 

12.8%

 

13.4%

 

$150.02

 

$121.36

 

23.6%

 

7.8%

Occupancy (Actual)

 

75.7%

 

71.5%

 

5.9%

 

(5.3%)

 

73.6%

 

65.9%

 

11.7%

 

(6.1%)

RevPAR (Actual)

 

$119.52

 

$100.14

 

19.4%

 

7.5%

 

$110.40

 

$79.94

 

38.1%

 

1.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to Actual Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue (Actual)

 

$341,150

 

$277,164

 

 

 

 

 

$939,296

 

$683,281

 

 

 

 

Revenue from acquisitions prior to ownership

 

-

 

11,321

 

 

 

 

 

-

 

26,804

 

 

 

 

Revenue from dispositions

 

(454)

 

(4,449)

 

 

 

 

 

(1,617)

 

(31,762)

 

 

 

 

Comparable Hotels Total Revenue

 

$340,696

 

$284,036

 

 

 

 

 

$937,679

 

$678,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA (AHEBITDA) (Actual)

 

$129,166

 

$105,423

 

 

 

 

 

$353,617

 

$235,664

 

 

 

 

AHEBITDA from acquisitions prior to ownership

 

-

 

4,749

 

 

 

 

 

-

 

9,373

 

 

 

 

AHEBITDA from dispositions

 

(77)

 

(1,452)

 

 

 

 

 

(459)

 

(8,933)

 

 

 

 

Comparable Hotels AHEBITDA

 

$129,089

 

$108,720

 

 

 

 

 

$353,158

 

$236,104

 

 

 

 

 

Note: Comparable Hotels is defined as the 218 hotels owned by the Company as of September 30, 2022. For hotels acquired during the periods noted, the Company has included, as applicable, results of those hotels for periods prior to the Company's ownership, and for dispositions, results have been excluded for the Company's period of ownership. Results for periods prior to the Company's ownership have not been included in the Company's actual Consolidated Financial Statements and are included only for comparison purposes. Results included for periods prior to the Company's ownership are based on information from the prior owner of each hotel and have not been audited or adjusted.

 

Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

Reconciliation of net income to non-GAAP financial measures is included in the following pages.

 

Page | 10

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Quarterly Operating Metrics and Statistical Data

(Unaudited)

(in thousands, except statistical data)

 

 

 

2019

 

2021

 

2022

 

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

Total revenue

 

$281,556

 

$326,235

 

$320,486

 

$277,277

 

$152,134

 

$242,153

 

$284,036

 

$252,696

 

$259,978

 

$337,005

 

$340,696

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

179,569

 

194,692

 

196,430

 

182,543

 

118,257

 

148,646

 

175,316

 

167,438

 

172,185

 

200,729

 

211,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA

 

$101,987

 

$131,543

 

$124,056

 

$94,734

 

$33,877

 

$93,507

 

$108,720

 

$85,258

 

$87,793

 

$136,276

 

$129,089

Adjusted Hotel EBITDA Margin %

 

36.2%

 

40.3%

 

38.7%

 

34.2%

 

22.3%

 

38.6%

 

38.3%

 

33.7%

 

33.8%

 

40.4%

 

37.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Comparable Hotels)

 

$139.82

 

$145.13

 

$143.87

 

$134.60

 

$99.97

 

$122.66

 

$141.84

 

$131.13

 

$136.98

 

$153.31

 

$157.90

Occupancy (Comparable Hotels)

 

73.9%

 

81.6%

 

80.1%

 

73.1%

 

55.3%

 

70.7%

 

71.4%

 

67.4%

 

67.1%

 

77.9%

 

75.7%

RevPAR (Comparable Hotels)

 

$103.27

 

$118.40

 

$115.30

 

$98.44

 

$55.33

 

$86.70

 

$101.34

 

$88.43

 

$91.98

 

$119.40

 

$119.53

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Actual)

 

$136.36

 

$141.60

 

$139.21

 

$131.41

 

$99.19

 

$120.56

 

$140.02

 

$131.04

 

$137.03

 

$153.35

 

$157.91

Occupancy (Actual)

 

73.9%

 

81.4%

 

79.9%

 

72.9%

 

55.5%

 

70.7%

 

71.5%

 

67.5%

 

67.1%

 

77.9%

 

75.7%

RevPAR (Actual)

 

$100.71

 

$115.30

 

$111.17

 

$95.85

 

$55.09

 

$85.28

 

$100.14

 

$88.43

 

$91.98

 

$119.41

 

$119.52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to Actual Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue (Actual)

 

$303,787

 

$341,117

 

$331,722

 

$289,971

 

$158,713

 

$247,404

 

$277,164

 

$250,588

 

$260,478

 

$337,668

 

$341,150

Revenue from acquisitions prior
  to ownership

 

10,873

 

13,325

 

15,835

 

12,909

 

5,133

 

10,350

 

11,321

 

2,870

 

-

 

-

 

-

Revenue from dispositions

 

(33,104)

 

(28,207)

 

(27,071)

 

(25,603)

 

(11,712)

 

(15,601)

 

(4,449)

 

(762)

 

(500)

 

(663)

 

(454)

Comparable Hotels Total Revenue

 

$281,556

 

$326,235

 

$320,486

 

$277,277

 

$152,134

 

$242,153

 

$284,036

 

$252,696

 

$259,978

 

$337,005

 

$340,696

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA
  (AHEBITDA) (Actual)

 

$108,804

 

$134,759

 

$124,596

 

$96,836

 

$35,427

 

$94,814

 

$105,423

 

$84,609

 

$87,936

 

$136,515

 

$129,166

AHEBITDA from acquisitions prior
  to ownership

 

4,730

 

6,883

 

8,553

 

5,844

 

707

 

3,917

 

4,749

 

989

 

-

 

-

 

-

AHEBITDA from dispositions

 

(11,547)

 

(10,099)

 

(9,093)

 

(7,946)

 

(2,257)

 

(5,224)

 

(1,452)

 

(340)

 

(143)

 

(239)

 

(77)

Comparable Hotels AHEBITDA

 

$101,987

 

$131,543

 

$124,056

 

$94,734

 

$33,877

 

$93,507

 

$108,720

 

$85,258

 

$87,793

 

$136,276

 

$129,089

 

Note: Comparable Hotels is defined as the 218 hotels owned by the Company as of September 30, 2022. For hotels acquired during the periods noted, the Company has included, as applicable, results of those hotels for periods prior to the Company's ownership, and for dispositions, results have been excluded for the Company's period of ownership. Results for periods prior to the Company's ownership have not been included in the Company's actual Consolidated Financial Statements and are included only for comparison purposes. Results included for periods prior to the Company's ownership are based on information from the prior owner of each hotel and have not been audited or adjusted.

 

Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

Reconciliation of net income (loss) to non-GAAP financial measures is included in the following pages.

Page | 11

 

 

Apple Hospitality REIT, Inc.

Same Store Hotels Operating Metrics and Statistical Data

(Unaudited)

(in thousands, except statistical data)

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

 

 

 

 

% Change

 

% Change

 

 

 

 

 

% Change

 

% Change

 

 

2022

 

2021

 

2021

 

2019

 

2022

 

2021

 

2021

 

2019

Total revenue

 

$309,039

 

$261,710

 

18.1%

 

2.4%

 

$858,915

 

$631,123

 

36.1%

 

(2.6%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

193,874

 

161,892

 

19.8%

 

3.5%

 

537,763

 

410,087

 

31.1%

 

(1.7%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA

 

$115,165

 

$99,818

 

15.4%

 

0.6%

 

$321,152

 

$221,036

 

45.3%

 

(4.2%)

Adjusted Hotel EBITDA Margin %

 

37.3%

 

38.1%

 

(80 bps)

 

(60 bps)

 

37.4%

 

35.0%

 

240 bps

 

(60 bps)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Same Store Hotels)

 

$155.09

 

$140.04

 

10.7%

 

9.0%

 

$148.17

 

$122.40

 

21.1%

 

4.3%

Occupancy (Same Store Hotels)

 

75.5%

 

71.8%

 

5.2%

 

(5.7%)

 

73.7%

 

66.4%

 

11.0%

 

(6.4%)

RevPAR (Same Store Hotels)

 

$117.12

 

$100.53

 

16.5%

 

2.8%

 

$109.24

 

$81.32

 

34.3%

 

(2.3%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Actual)

 

$157.91

 

$140.02

 

12.8%

 

13.4%

 

$150.02

 

$121.36

 

23.6%

 

7.8%

Occupancy (Actual)

 

75.7%

 

71.5%

 

5.9%

 

(5.3%)

 

73.6%

 

65.9%

 

11.7%

 

(6.1%)

RevPAR (Actual)

 

$119.52

 

$100.14

 

19.4%

 

7.5%

 

$110.40

 

$79.94

 

38.1%

 

1.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to Actual Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue (Actual)

 

$341,150

 

$277,164

 

 

 

 

 

$939,296

 

$683,281

 

 

 

 

Revenue from acquisitions

 

(32,111)

 

(11,582)

 

 

 

 

 

(80,388)

 

(21,776)

 

 

 

 

Revenue from dispositions

 

-

 

(3,872)

 

 

 

 

 

7

 

(30,382)

 

 

 

 

Same Store Hotels Total Revenue

 

$309,039

 

$261,710

 

 

 

 

 

$858,915

 

$631,123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA (AHEBITDA) (Actual)

 

$129,166

 

$105,423

 

 

 

 

 

$353,617

 

$235,664

 

 

 

 

AHEBITDA from acquisitions

 

(14,006)

 

(4,304)

 

 

 

 

 

(32,437)

 

(5,892)

 

 

 

 

AHEBITDA from dispositions

 

5

 

(1,301)

 

 

 

 

 

(28)

 

(8,736)

 

 

 

 

Same Store Hotels AHEBITDA

 

$115,165

 

$99,818

 

 

 

 

 

$321,152

 

$221,036

 

 

 

 

 

Note: Same Store Hotels is defined as the 204 hotels owned by the Company as of January 1, 2019 and during the entirety of the periods being compared. This information has not been audited.

 

Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

Reconciliation of net income to non-GAAP financial measures is included in the following pages.

Page | 12

 

 

Apple Hospitality REIT, Inc.

Same Store Hotels Quarterly Operating Metrics and Statistical Data

(Unaudited)

(in thousands, except statistical data)

 

 

 

2019

 

2021

 

2022

 

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

Total revenue

 

$269,979

 

$310,174

 

$301,822

 

$261,702

 

$143,410

 

$226,003

 

$261,710

 

$232,909

 

$240,054

 

$309,822

 

$309,039

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

172,970

 

186,495

 

187,359

 

173,741

 

110,587

 

137,608

 

161,892

 

154,441

 

158,769

 

185,120

 

193,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA

 

$97,009

 

$123,679

 

$114,463

 

$87,961

 

$32,823

 

$88,395

 

$99,818

 

$78,468

 

$81,285

 

$124,702

 

$115,165

Adjusted Hotel EBITDA Margin %

 

35.9%

 

39.9%

 

37.9%

 

33.6%

 

22.9%

 

39.1%

 

38.1%

 

33.7%

 

33.9%

 

40.2%

 

37.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Same Store Hotels)

 

$139.36

 

$144.35

 

$142.25

 

$133.50

 

$99.79

 

$121.99

 

$140.04

 

$129.69

 

$135.71

 

$152.07

 

$155.09

Occupancy (Same Store Hotels)

 

74.2%

 

81.8%

 

80.1%

 

73.0%

 

56.0%

 

71.4%

 

71.8%

 

67.9%

 

67.5%

 

78.0%

 

75.5%

RevPAR (Same Store Hotels)

 

$103.36

 

$118.07

 

$113.90

 

$97.45

 

$55.88

 

$87.07

 

$100.53

 

$88.12

 

$91.67

 

$118.64

 

$117.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR (Actual)

 

$136.36

 

$141.60

 

$139.21

 

$131.41

 

$99.19

 

$120.56

 

$140.02

 

$131.04

 

$137.03

 

$153.35

 

$157.91

Occupancy (Actual)

 

73.9%

 

81.4%

 

79.9%

 

72.9%

 

55.5%

 

70.7%

 

71.5%

 

67.5%

 

67.1%

 

77.9%

 

75.7%

RevPAR (Actual)

 

$100.71

 

$115.30

 

$111.17

 

$95.85

 

$55.09

 

$85.28

 

$100.14

 

$88.43

 

$91.98

 

$119.41

 

$119.52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to Actual Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue (Actual)

 

$303,787

 

$341,117

 

$331,722

 

$289,971

 

$158,713

 

$247,404

 

$277,164

 

$250,588

 

$260,478

 

$337,668

 

$341,150

Revenue from acquisitions

 

(704)

 

(2,736)

 

(2,829)

 

(3,321)

 

(3,903)

 

(6,291)

 

(11,582)

 

(17,446)

 

(20,427)

 

(27,850)

 

(32,111)

Revenue from dispositions

 

(33,104)

 

(28,207)

 

(27,071)

 

(24,948)

 

(11,400)

 

(15,110)

 

(3,872)

 

(233)

 

3

 

4

 

-

Same Store Hotels Total Revenue

 

$269,979

 

$310,174

 

$301,822

 

$261,702

 

$143,410

 

$226,003

 

$261,710

 

$232,909

 

$240,054

 

$309,822

 

$309,039

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted Hotel EBITDA
  (AHEBITDA) (Actual)

 

$108,804

 

$134,759

 

$124,596

 

$96,836

 

$35,427

 

$94,814

 

$105,423

 

$84,609

 

$87,936

 

$136,515

 

$129,166

AHEBITDA from acquisitions

 

(248)

 

(981)

 

(1,040)

 

(996)

 

(308)

 

(1,280)

 

(4,304)

 

(5,924)

 

(6,624)

 

(11,807)

 

(14,006)

AHEBITDA from dispositions

 

(11,547)

 

(10,099)

 

(9,093)

 

(7,879)

 

(2,296)

 

(5,139)

 

(1,301)

 

(217)

 

(27)

 

(6)

 

5

Same Store Hotels AHEBITDA

 

$97,009

 

$123,679

 

$114,463

 

$87,961

 

$32,823

 

$88,395

 

$99,818

 

$78,468

 

$81,285

 

$124,702

 

$115,165

 

Note: Same Store Hotels is defined as the 204 hotels owned by the Company as of January 1, 2019 and during the entirety of the periods being compared. This information has not been audited.

 

Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

Reconciliation of net income (loss) to non-GAAP financial measures is included in the following pages.

Page | 13

 

 

Apple Hospitality REIT, Inc.

Reconciliation of Net Income (Loss) to EBITDA, EBITDAre, Adjusted EBITDAre and Adjusted Hotel EBITDA

(Unaudited)

(in thousands)


EBITDA is a commonly used measure of performance in many industries and is defined as net income (loss) excluding interest, income taxes, depreciation and amortization. The Company believes EBITDA is useful to investors because it helps the Company and its investors evaluate the ongoing operating performance of the Company by removing the impact of its capital structure (primarily interest expense) and its asset base (primarily depreciation and amortization). In addition, certain covenants included in the agreements governing the Company’s indebtedness use EBITDA, as defined in the specific credit agreement, as a measure of financial compliance.

 

In addition to EBITDA, the Company also calculates and presents EBITDAre in accordance with standards established by the National Association of Real Estate Investment Trusts (“Nareit”), which defines EBITDAre as EBITDA, excluding gains and losses from the sale of certain real estate assets (including gains and losses from change in control), plus real estate related impairments, and adjustments to reflect the entity’s share of EBITDAre of unconsolidated affiliates. The Company presents EBITDAre because it believes that it provides further useful information to investors in comparing its operating performance between periods and between REITs that report EBITDAre using the Nareit definition.

 

The Company also considers the exclusion of non-cash straight-line operating ground lease expense from EBITDAre useful, as this expense does not reflect the underlying performance of the related hotels (Adjusted EBITDAre).

 

The Company further excludes actual corporate-level general and administrative expense for the Company from Adjusted EBITDAre (Adjusted Hotel EBITDA) to isolate property-level operational performance over which the Company’s hotel operators have direct control. The Company believes Adjusted Hotel EBITDA provides useful supplemental information to investors regarding operating performance and is used by management to measure the performance of the Company’s hotels and effectiveness of the operators of the hotels.

 

The following table reconciles the Company’s GAAP net income (loss) to EBITDA, EBITDAre, Adjusted EBITDAre and Adjusted Hotel EBITDA on a quarterly basis for 2019, 2021 and 2022:

 

 

 

2019

 

2021

 

2022

 

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

 

Q4

 

Q1

 

Q2

 

Q3

Net income (loss)

 

$38,151

 

$62,090

 

$46,223

 

$25,453

 

$(46,435)

 

$20,283

 

$31,759

 

$13,221

 

$18,002

 

$65,345

 

$59,146

Depreciation and amortization

 

47,950

 

48,109

 

47,887

 

49,294

 

48,710

 

46,386

 

44,217

 

45,158

 

45,324

 

45,322

 

45,135

Amortization of favorable and unfavorable
  operating leases, net

 

31

 

31

 

31

 

31

 

98

 

98

 

98

 

99

 

99

 

103

 

97

Interest and other expense, net

 

15,494

 

15,857

 

14,759

 

15,081

 

18,513

 

18,618

 

15,977

 

14,640

 

14,654

 

15,198

 

14,933

Income tax expense

 

206

 

156

 

143

 

174

 

108

 

87

 

114

 

159

 

179

 

202

 

1,331

EBITDA

 

101,832

 

126,243

 

109,043

 

90,033

 

20,994

 

85,472

 

92,165

 

73,277

 

78,258

 

126,170

 

120,642

(Gain) loss on sale of real estate

 

(1,213)

 

161

 

-

 

(3,969)

 

(4,484)

 

864

 

(44)

 

68

 

-

 

-

 

(1,785)

Loss on impairment of depreciable real
  estate assets

 

-

 

-

 

6,467

 

-

 

10,754

 

-

 

-

 

-

 

-

 

-

 

-

EBITDAre

 

100,619

 

126,404

 

115,510

 

86,064

 

27,264

 

86,336

 

92,121

 

73,345

 

78,258

 

126,170

 

118,857

Non-cash straight-line operating ground
  lease expense

 

48

 

47

 

47

 

46

 

44

 

43

 

41

 

41

 

40

 

38

 

38

Adjusted EBITDAre

 

100,667

 

126,451

 

115,557

 

86,110

 

27,308

 

86,379

 

92,162

 

73,386

 

78,298

 

126,208

 

118,895

General and administrative expense

 

8,137

 

8,308

 

9,039

 

10,726

 

8,119

 

8,435

 

13,261

 

11,223

 

9,638

 

10,307

 

10,271

Adjusted Hotel EBITDA

 

$108,804

 

$134,759

 

$124,596

 

$96,836

 

$35,427

 

$94,814

 

$105,423

 

$84,609

 

$87,936

 

$136,515

 

$129,166

 

Page | 14

 

 

Apple Hospitality REIT, Inc.

Reconciliation of Net Income to FFO and MFFO

(Unaudited)

(in thousands)

 

The Company calculates and presents FFO in accordance with standards established by Nareit, which defines FFO as net income (loss) (computed in accordance with GAAP), excluding gains and losses from the sale of certain real estate assets (including gains and losses from change in control), extraordinary items as defined by GAAP, and the cumulative effect of changes in accounting principles, plus real estate related depreciation, amortization and impairments, and adjustments for unconsolidated affiliates. Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. Since real estate values instead have historically risen or fallen with market conditions, most real estate industry investors consider FFO to be helpful in evaluating a real estate company’s operations. The Company further believes that by excluding the effects of these items, FFO is useful to investors in comparing its operating performance between periods and between REITs that report FFO using the Nareit definition. FFO as presented by the Company is applicable only to its common shareholders, but does not represent an amount that accrues directly to common shareholders.

 

The Company calculates MFFO by further adjusting FFO for the exclusion of amortization of finance ground lease assets, amortization of favorable and unfavorable operating leases, net and non-cash straight-line operating ground lease expense, as these expenses do not reflect the underlying performance of the related hotels. The Company presents MFFO when evaluating its performance because it believes that it provides further useful supplemental information to investors regarding its ongoing operating performance.

 

The following table reconciles the Company’s GAAP net income to FFO and MFFO for the three and nine months ended September 30, 2022 and 2021:

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

2022

 

2021

 

2022

 

2021

Net income

 

$59,146

 

$31,759

 

$142,493

 

$5,607

Depreciation of real estate owned

 

44,372

 

43,028

 

133,489

 

134,880

Gain on sale of real estate

 

(1,785)

 

(44)

 

(1,785)

 

(3,664)

Loss on impairment of depreciable real estate assets

 

-

 

-

 

-

 

10,754

Funds from operations

 

101,733

 

74,743

 

274,197

 

147,577

Amortization of finance ground lease assets

 

759

 

1,183

 

2,278

 

4,418

Amortization of favorable and unfavorable operating leases, net

 

97

 

98

 

299

 

294

Non-cash straight-line operating ground lease expense

 

38

 

41

 

116

 

128

Modified funds from operations

 

$102,627

 

$76,065

 

$276,890

 

$152,417

 

Page | 15

 

 

Apple Hospitality REIT, Inc.

Debt Summary

(Unaudited)

($ in thousands)

September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 1 - December 31, 2022

 

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

Thereafter

 

 

Total

 

 

Fair Market Value

 

Total debt:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities

 

$

2,587

 

 

$

96,214

 

 

$

113,597

 

 

$

245,140

 

 

$

74,649

 

 

$

794,616

 

 

$

1,326,803

 

 

$

1,271,535

 

Average interest rates(1)

 

 

3.7

%

 

 

3.8

%

 

 

3.9

%

 

 

4.1

%

 

 

4.2

%

 

 

4.3

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Variable-rate debt:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities

 

$

-

 

 

$

50,000

 

 

$

85,000

 

 

$

175,000

 

 

$

-

 

 

$

560,000

 

 

$

870,000

 

 

$

868,364

 

Average interest rates(1)

 

 

3.5

%

 

 

3.6

%

 

 

3.9

%

 

 

4.1

%

 

 

4.3

%

 

 

4.4

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed-rate debt:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities

 

$

2,587

 

 

$

46,214

 

 

$

28,597

 

 

$

70,140

 

 

$

74,649

 

 

$

234,616

 

 

$

456,803

 

 

$

403,171

 

Average interest rates

 

 

4.1

%

 

 

4.1

%

 

 

4.1

%

 

 

4.0

%

 

 

4.0

%

 

 

4.1

%

 

 

 

 

 

 

 

(1)
The average interest rate gives effect to interest rate swaps, as applicable.

 

Note: See further information on the Company’s indebtedness in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.

 

 

 

 

Page | 16

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Market Compared to 2021

Three Months Ended September 30

(Unaudited)

 

Top 20 Markets

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Top 20 Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

San Diego, CA

7

 

83.7%

72.0%

16.3%

 

$202.53

$173.32

16.9%

 

$169.60

$124.71

36.0%

 

7.1%

Portland, ME

3

 

92.2%

89.6%

2.9%

 

$306.72

$302.30

1.5%

 

$282.70

$270.79

4.4%

 

6.9%

Los Angeles, CA

8

 

86.0%

82.7%

4.0%

 

$189.86

$168.29

12.8%

 

$163.34

$139.15

17.4%

 

5.7%

Orange County, CA

6

 

81.9%

79.7%

2.8%

 

$180.37

$153.02

17.9%

 

$147.64

$121.91

21.1%

 

4.0%

Seattle, WA

3

 

86.1%

75.2%

14.5%

 

$227.93

$181.15

25.8%

 

$196.17

$136.18

44.1%

 

3.9%

Norfolk/Virginia Beach, VA

4

 

85.9%

87.0%

(1.3%)

 

$234.72

$239.30

(1.9%)

 

$201.54

$208.23

(3.2%)

 

3.7%

Alaska

2

 

96.7%

94.1%

2.8%

 

$281.70

$236.92

18.9%

 

$272.32

$222.87

22.2%

 

3.4%

Chicago, IL

7

 

72.3%

60.7%

19.1%

 

$145.11

$123.67

17.3%

 

$104.87

$75.05

39.7%

 

2.9%

Nashville, TN

5

 

80.1%

78.2%

2.4%

 

$163.16

$151.97

7.4%

 

$130.66

$118.79

10.0%

 

2.8%

North Carolina East

4

 

76.1%

80.2%

(5.1%)

 

$179.74

$172.18

4.4%

 

$136.77

$138.14

(1.0%)

 

2.4%

Fort Worth/Arlington, TX

6

 

76.5%

73.4%

4.2%

 

$147.60

$132.98

11.0%

 

$112.89

$97.64

15.6%

 

2.3%

Denver, CO

3

 

82.2%

61.4%

33.9%

 

$172.07

$149.28

15.3%

 

$141.44

$91.65

54.3%

 

2.2%

Melbourne, FL

3

 

84.4%

70.7%

19.4%

 

$174.58

$150.77

15.8%

 

$147.36

$106.65

38.2%

 

2.0%

Omaha, NE

4

 

71.0%

66.7%

6.4%

 

$132.60

$121.92

8.8%

 

$94.18

$81.31

15.8%

 

1.9%

Florida Panhandle

5

 

72.2%

74.5%

(3.1%)

 

$149.05

$156.81

(4.9%)

 

$107.58

$116.76

(7.9%)

 

1.6%

Richmond/Petersburg, VA

3

 

65.7%

58.0%

13.3%

 

$176.86

$152.49

16.0%

 

$116.28

$88.40

31.5%

 

1.6%

Washington, DC

4

 

71.0%

69.1%

2.7%

 

$138.78

$113.59

22.2%

 

$98.55

$78.47

25.6%

 

1.5%

Boston, MA

3

 

82.9%

80.8%

2.6%

 

$158.54

$126.12

25.7%

 

$131.37

$101.94

28.9%

 

1.4%

Phoenix, AZ

10

 

64.0%

63.4%

0.9%

 

$111.09

$101.23

9.7%

 

$71.05

$64.14

10.8%

 

1.4%

Indiana North

3

 

73.5%

71.7%

2.5%

 

$157.72

$142.53

10.7%

 

$115.86

$102.21

13.4%

 

1.3%

Top 20 Markets

93

 

77.8%

72.6%

7.2%

 

$177.90

$157.50

13.0%

 

$138.47

$114.36

21.1%

 

60.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All Other Markets

125

 

73.9%

70.5%

4.8%

 

$139.74

$128.07

9.1%

 

$103.21

$90.23

14.4%

 

40.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

71.4%

6.0%

 

$157.90

$141.84

11.3%

 

$119.53

$101.34

17.9%

 

100.0%

Note: Market categorization based on STR designation. Top 20 markets based on Comparable Hotels Adjusted Hotel EBITDA contribution.

 

 

Page | 17

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Market Compared to 2019

Three Months Ended September 30

(Unaudited)

 

Top 20 Markets

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Top 20 Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

San Diego, CA

7

 

83.7%

84.1%

(0.5%)

 

$202.53

$166.53

21.6%

 

$169.60

$140.06

21.1%

 

7.1%

Portland, ME

3

 

92.2%

92.0%

0.2%

 

$306.72

$262.25

17.0%

 

$282.70

$241.38

17.1%

 

6.9%

Los Angeles, CA

8

 

86.0%

90.8%

(5.3%)

 

$189.86

$182.29

4.2%

 

$163.34

$165.55

(1.3%)

 

5.7%

Orange County, CA

6

 

81.9%

85.2%

(3.9%)

 

$180.37

$156.29

15.4%

 

$147.64

$133.12

10.9%

 

4.0%

Seattle, WA

3

 

86.1%

91.4%

(5.8%)

 

$227.93

$226.51

0.6%

 

$196.17

$206.95

(5.2%)

 

3.9%

Norfolk/Virginia Beach, VA

4

 

85.9%

88.4%

(2.8%)

 

$234.72

$197.27

19.0%

 

$201.54

$174.43

15.5%

 

3.7%

Alaska

2

 

96.7%

91.4%

5.8%

 

$281.70

$247.49

13.8%

 

$272.32

$226.31

20.3%

 

3.4%

Chicago, IL

7

 

72.3%

82.2%

(12.0%)

 

$145.11

$135.89

6.8%

 

$104.87

$111.73

(6.1%)

 

2.9%

Nashville, TN

5

 

80.1%

85.7%

(6.5%)

 

$163.16

$162.85

0.2%

 

$130.66

$139.53

(6.4%)

 

2.8%

North Carolina East

4

 

76.1%

82.6%

(7.9%)

 

$179.74

$158.16

13.6%

 

$136.77

$130.71

4.6%

 

2.4%

Fort Worth/Arlington, TX

6

 

76.5%

74.4%

2.8%

 

$147.60

$138.86

6.3%

 

$112.89

$103.37

9.2%

 

2.3%

Denver, CO

3

 

82.2%

87.3%

(5.8%)

 

$172.07

$167.05

3.0%

 

$141.44

$145.84

(3.0%)

 

2.2%

Melbourne, FL

3

 

84.4%

87.3%

(3.3%)

 

$174.58

$152.54

14.4%

 

$147.36

$133.11

10.7%

 

2.0%

Omaha, NE

4

 

71.0%

84.2%

(15.7%)

 

$132.60

$117.82

12.5%

 

$94.18

$99.22

(5.1%)

 

1.9%

Florida Panhandle

5

 

72.2%

80.0%

(9.8%)

 

$149.05

$155.94

(4.4%)

 

$107.58

$124.68

(13.7%)

 

1.6%

Richmond/Petersburg, VA

3

 

65.7%

70.0%

(6.1%)

 

$176.86

$156.11

13.3%

 

$116.28

$109.23

6.5%

 

1.6%

Washington, DC

4

 

71.0%

83.4%

(14.9%)

 

$138.78

$126.08

10.1%

 

$98.55

$105.12

(6.3%)

 

1.5%

Boston, MA

3

 

82.9%

82.9%

0.0%

 

$158.54

$141.47

12.1%

 

$131.37

$117.30

12.0%

 

1.4%

Phoenix, AZ

10

 

64.0%

65.5%

(2.3%)

 

$111.09

$98.04

13.3%

 

$71.05

$64.19

10.7%

 

1.4%

Indiana North

3

 

73.5%

76.6%

(4.0%)

 

$157.72

$138.12

14.2%

 

$115.86

$105.82

9.5%

 

1.3%

Top 20 Markets

93

 

77.8%

82.2%

(5.4%)

 

$177.90

$159.70

11.4%

 

$138.47

$131.30

5.5%

 

60.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All Other Markets

125

 

73.9%

78.4%

(5.7%)

 

$139.74

$130.11

7.4%

 

$103.21

$102.03

1.2%

 

40.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

80.1%

(5.5%)

 

$157.90

$143.87

9.8%

 

$119.53

$115.30

3.7%

 

100.0%

Note: Market categorization based on STR designation. Top 20 markets based on Comparable Hotels Adjusted Hotel EBITDA contribution. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

Page | 18

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Market Compared to 2021

Nine Months Ended September 30

(Unaudited)

 

Top 20 Markets

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

Top 20 Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

San Diego, CA

7

 

77.1%

62.9%

22.6%

 

$180.10

$143.70

25.3%

 

$138.83

$90.40

53.6%

 

6.0%

Los Angeles, CA

8

 

84.7%

84.1%

0.7%

 

$181.11

$139.63

29.7%

 

$153.45

$117.43

30.7%

 

5.8%

Phoenix, AZ

10

 

72.1%

63.2%

14.1%

 

$142.64

$103.32

38.1%

 

$102.78

$65.30

57.4%

 

4.5%

Portland, ME

3

 

72.5%

65.5%

10.7%

 

$236.07

$234.56

0.6%

 

$171.04

$153.54

11.4%

 

3.9%

Orange County, CA

6

 

77.1%

71.9%

7.2%

 

$164.74

$127.79

28.9%

 

$127.07

$91.84

38.4%

 

3.8%

Nashville, TN

5

 

79.8%

66.9%

19.3%

 

$164.40

$129.14

27.3%

 

$131.21

$86.43

51.8%

 

3.1%

Seattle, WA

3

 

78.6%

66.8%

17.7%

 

$191.68

$151.65

26.4%

 

$150.73

$101.32

48.8%

 

3.0%

Fort Worth/Arlington, TX

6

 

79.2%

74.2%

6.7%

 

$147.19

$119.75

22.9%

 

$116.60

$88.84

31.2%

 

2.9%

Alaska

2

 

89.9%

86.2%

4.3%

 

$230.57

$191.61

20.3%

 

$207.28

$165.23

25.4%

 

2.6%

Norfolk/Virginia Beach, VA

4

 

79.1%

78.6%

0.6%

 

$183.81

$172.01

6.9%

 

$145.32

$135.18

7.5%

 

2.5%

Melbourne, FL

3

 

84.6%

66.6%

27.0%

 

$173.49

$142.26

22.0%

 

$146.74

$94.77

54.8%

 

2.3%

North Carolina East

4

 

73.8%

76.0%

(2.9%)

 

$157.85

$148.46

6.3%

 

$116.45

$112.89

3.2%

 

2.3%

Omaha, NE

4

 

65.3%

55.2%

18.3%

 

$145.68

$131.26

11.0%

 

$95.19

$72.48

31.3%

 

2.2%

Chicago, IL

7

 

63.9%

48.8%

30.9%

 

$133.19

$105.05

26.8%

 

$85.07

$51.30

65.8%

 

2.1%

Richmond/Petersburg, VA

3

 

65.7%

51.3%

28.1%

 

$176.70

$139.44

26.7%

 

$116.13

$71.56

62.3%

 

2.0%

Austin, TX

7

 

72.8%

66.0%

10.3%

 

$124.49

$97.38

27.8%

 

$90.68

$64.31

41.0%

 

1.9%

Florida Panhandle

5

 

70.4%

72.9%

(3.4%)

 

$146.59

$142.35

3.0%

 

$103.14

$103.81

(0.6%)

 

1.7%

Denver, CO

3

 

74.2%

50.7%

46.4%

 

$149.38

$121.68

22.8%

 

$110.85

$61.63

79.9%

 

1.6%

Miami, FL

3

 

81.9%

78.1%

4.9%

 

$154.31

$124.79

23.7%

 

$126.45

$97.52

29.7%

 

1.6%

Washington, DC

4

 

71.9%

58.9%

22.1%

 

$132.46

$105.20

25.9%

 

$95.30

$61.93

53.9%

 

1.5%

Top 20 Markets

97

 

74.9%

66.1%

13.3%

 

$162.66

$132.73

22.5%

 

$121.75

$87.67

38.9%

 

57.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All Other Markets

121

 

72.4%

65.8%

10.0%

 

$137.79

$114.76

20.1%

 

$99.82

$75.47

32.3%

 

42.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

65.9%

11.7%

 

$149.99

$123.41

21.5%

 

$110.40

$81.33

35.7%

 

100.0%

Note: Market categorization based on STR designation. Top 20 markets based on Comparable Hotels Adjusted Hotel EBITDA contribution.

 

Page | 19

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Market Compared to 2019

Nine Months Ended September 30

(Unaudited)

 

Top 20 Markets

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

Top 20 Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

San Diego, CA

7

 

77.1%

81.5%

(5.4%)

 

$180.10

$161.03

11.8%

 

$138.83

$131.22

5.8%

 

6.0%

Los Angeles, CA

8

 

84.7%

88.3%

(4.1%)

 

$181.11

$178.35

1.5%

 

$153.45

$157.51

(2.6%)

 

5.8%

Phoenix, AZ

10

 

72.1%

74.1%

(2.7%)

 

$142.64

$132.03

8.0%

 

$102.78

$97.89

5.0%

 

4.5%

Portland, ME

3

 

72.5%

72.0%

0.7%

 

$236.07

$204.02

15.7%

 

$171.04

$146.82

16.5%

 

3.9%

Orange County, CA

6

 

77.1%

84.3%

(8.5%)

 

$164.74

$149.63

10.1%

 

$127.07

$126.19

0.7%

 

3.8%

Nashville, TN

5

 

79.8%

84.8%

(5.9%)

 

$164.40

$165.67

(0.8%)

 

$131.21

$140.51

(6.6%)

 

3.1%

Seattle, WA

3

 

78.6%

85.7%

(8.3%)

 

$191.68

$197.77

(3.1%)

 

$150.73

$169.41

(11.0%)

 

3.0%

Fort Worth/Arlington, TX

6

 

79.2%

78.2%

1.3%

 

$147.19

$142.69

3.2%

 

$116.60

$111.61

4.5%

 

2.9%

Alaska

2

 

89.9%

87.9%

2.3%

 

$230.57

$209.99

9.8%

 

$207.28

$184.67

12.2%

 

2.6%

Norfolk/Virginia Beach, VA

4

 

79.1%

79.8%

(0.9%)

 

$183.81

$160.84

14.3%

 

$145.32

$128.37

13.2%

 

2.5%

Melbourne, FL

3

 

84.6%

92.3%

(8.3%)

 

$173.49

$159.84

8.5%

 

$146.74

$147.51

(0.5%)

 

2.3%

North Carolina East

4

 

73.8%

84.0%

(12.1%)

 

$157.85

$138.11

14.3%

 

$116.45

$115.95

0.4%

 

2.3%

Omaha, NE

4

 

65.3%

80.8%

(19.2%)

 

$145.68

$128.58

13.3%

 

$95.19

$103.88

(8.4%)

 

2.2%

Chicago, IL

7

 

63.9%

75.6%

(15.5%)

 

$133.19

$130.69

1.9%

 

$85.07

$98.74

(13.8%)

 

2.1%

Richmond/Petersburg, VA

3

 

65.7%

73.1%

(10.1%)

 

$176.70

$157.24

12.4%

 

$116.13

$115.01

1.0%

 

2.0%

Austin, TX

7

 

72.8%

74.3%

(2.0%)

 

$124.49

$121.70

2.3%

 

$90.68

$90.47

0.2%

 

1.9%

Florida Panhandle

5

 

70.4%

81.7%

(13.8%)

 

$146.59

$156.94

(6.6%)

 

$103.14

$128.23

(19.6%)

 

1.7%

Denver, CO

3

 

74.2%

80.6%

(7.9%)

 

$149.38

$154.90

(3.6%)

 

$110.85

$124.89

(11.2%)

 

1.6%

Miami, FL

3

 

81.9%

84.0%

(2.5%)

 

$154.31

$137.06

12.6%

 

$126.45

$115.09

9.9%

 

1.6%

Washington, DC

4

 

71.9%

80.0%

(10.1%)

 

$132.46

$131.95

0.4%

 

$95.30

$105.54

(9.7%)

 

1.5%

Top 20 Markets

97

 

74.9%

80.3%

(6.7%)

 

$162.66

$152.48

6.7%

 

$121.75

$122.48

(0.6%)

 

57.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All Other Markets

121

 

72.4%

77.0%

(6.0%)

 

$137.79

$134.19

2.7%

 

$99.82

$103.26

(3.3%)

 

42.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

78.6%

(6.4%)

 

$149.99

$143.06

4.8%

 

$110.40

$112.38

(1.8%)

 

100.0%

Note: Market categorization based on STR designation. Top 20 markets based on Comparable Hotels Adjusted Hotel EBITDA contribution. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

Page | 20

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Region Compared to 2021

Three Months Ended September 30

(Unaudited)

 

Region

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

STR Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East North Central

15

 

73.4%

63.5%

15.6%

 

$150.54

$130.81

15.1%

 

$110.51

$83.09

33.0%

 

6.7%

East South Central

26

 

76.4%

74.7%

2.3%

 

$144.95

$134.85

7.5%

 

$110.79

$100.72

10.0%

 

9.2%

Middle Atlantic

12

 

77.7%

71.2%

9.1%

 

$166.22

$140.48

18.3%

 

$129.13

$99.97

29.2%

 

5.7%

Mountain

21

 

72.1%

67.9%

6.2%

 

$131.83

$120.33

9.6%

 

$95.01

$81.70

16.3%

 

6.7%

New England

6

 

88.5%

85.6%

3.4%

 

$252.50

$226.33

11.6%

 

$223.53

$193.70

15.4%

 

8.3%

Pacific

32

 

84.1%

78.3%

7.4%

 

$200.22

$171.71

16.6%

 

$168.32

$134.37

25.3%

 

27.4%

South Atlantic

53

 

74.7%

71.0%

5.2%

 

$152.31

$144.66

5.3%

 

$113.85

$102.76

10.8%

 

21.1%

West North Central

17

 

72.6%

67.8%

7.1%

 

$138.25

$122.36

13.0%

 

$100.30

$82.95

20.9%

 

5.8%

West South Central

36

 

69.8%

68.9%

1.3%

 

$127.69

$118.40

7.8%

 

$89.18

$81.58

9.3%

 

9.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

71.4%

6.0%

 

$157.90

$141.84

11.3%

 

$119.53

$101.34

17.9%

 

100.0%

Note: Region categorization based on STR designation.

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Region Compared to 2019

Three Months Ended September 30

(Unaudited)

 

Region

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

STR Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East North Central

15

 

73.4%

79.6%

(7.8%)

 

$150.54

$133.96

12.4%

 

$110.51

$106.57

3.7%

 

6.7%

East South Central

26

 

76.4%

80.8%

(5.4%)

 

$144.95

$134.91

7.4%

 

$110.79

$109.05

1.6%

 

9.2%

Middle Atlantic

12

 

77.7%

82.3%

(5.6%)

 

$166.22

$164.87

0.8%

 

$129.13

$135.72

(4.9%)

 

5.7%

Mountain

21

 

72.1%

76.2%

(5.4%)

 

$131.83

$124.49

5.9%

 

$95.01

$94.82

0.2%

 

6.7%

New England

6

 

88.5%

87.7%

0.9%

 

$252.50

$207.37

21.8%

 

$223.53

$181.78

23.0%

 

8.3%

Pacific

32

 

84.1%

88.1%

(4.5%)

 

$200.22

$183.60

9.1%

 

$168.32

$161.73

4.1%

 

27.4%

South Atlantic

53

 

74.7%

78.9%

(5.3%)

 

$152.31

$134.23

13.5%

 

$113.85

$105.95

7.5%

 

21.1%

West North Central

17

 

72.6%

82.5%

(12.0%)

 

$138.25

$125.46

10.2%

 

$100.30

$103.55

(3.1%)

 

5.8%

West South Central

36

 

69.8%

72.7%

(4.0%)

 

$127.69

$121.91

4.7%

 

$89.18

$88.65

0.6%

 

9.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

80.1%

(5.5%)

 

$157.90

$143.87

9.8%

 

$119.53

$115.30

3.7%

 

100.0%

Note: Region categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

Page | 21

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Region Compared to 2021

Nine Months Ended September 30

(Unaudited)

 

Region

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

STR Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East North Central

15

 

64.9%

52.0%

24.8%

 

$135.85

$110.32

23.1%

 

$88.12

$57.38

53.6%

 

4.7%

East South Central

26

 

76.0%

67.6%

12.4%

 

$143.00

$122.14

17.1%

 

$108.71

$82.58

31.6%

 

10.0%

Middle Atlantic

12

 

72.4%

61.1%

18.5%

 

$151.67

$122.77

23.5%

 

$109.79

$75.03

46.3%

 

4.6%

Mountain

21

 

74.4%

65.3%

13.9%

 

$140.08

$108.82

28.7%

 

$104.28

$71.11

46.6%

 

9.6%

New England

6

 

73.3%

66.0%

11.1%

 

$199.89

$176.16

13.5%

 

$146.42

$116.19

26.0%

 

4.9%

Pacific

32

 

79.4%

72.6%

9.4%

 

$180.60

$143.10

26.2%

 

$143.49

$103.89

38.1%

 

24.4%

South Atlantic

53

 

75.3%

68.4%

10.1%

 

$149.23

$126.34

18.1%

 

$112.37

$86.41

30.0%

 

24.5%

West North Central

17

 

68.1%

58.7%

16.0%

 

$135.35

$115.35

17.3%

 

$92.13

$67.72

36.0%

 

5.7%

West South Central

36

 

70.5%

66.5%

6.0%

 

$129.60

$107.14

21.0%

 

$91.43

$71.29

28.3%

 

11.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

65.9%

11.7%

 

$149.99

$123.41

21.5%

 

$110.40

$81.33

35.7%

 

100.0%

Note: Region categorization based on STR designation.

 

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Region Compared to 2019

Nine Months Ended September 30

(Unaudited)

 

Region

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

STR Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East North Central

15

 

64.9%

73.2%

(11.3%)

 

$135.85

$129.16

5.2%

 

$88.12

$94.50

(6.8%)

 

4.7%

East South Central

26

 

76.0%

79.4%

(4.3%)

 

$143.00

$136.05

5.1%

 

$108.71

$108.07

0.6%

 

10.0%

Middle Atlantic

12

 

72.4%

78.1%

(7.3%)

 

$151.67

$159.87

(5.1%)

 

$109.79

$124.79

(12.0%)

 

4.6%

Mountain

21

 

74.4%

77.7%

(4.2%)

 

$140.08

$133.95

4.6%

 

$104.28

$104.08

0.2%

 

9.6%

New England

6

 

73.3%

73.1%

0.3%

 

$199.89

$171.83

16.3%

 

$146.42

$125.68

16.5%

 

4.9%

Pacific

32

 

79.4%

85.3%

(6.9%)

 

$180.60

$173.41

4.1%

 

$143.49

$147.92

(3.0%)

 

24.4%

South Atlantic

53

 

75.3%

79.3%

(5.0%)

 

$149.23

$138.57

7.7%

 

$112.37

$109.85

2.3%

 

24.5%

West North Central

17

 

68.1%

78.6%

(13.4%)

 

$135.35

$126.90

6.7%

 

$92.13

$99.81

(7.7%)

 

5.7%

West South Central

36

 

70.5%

73.9%

(4.6%)

 

$129.60

$127.75

1.4%

 

$91.43

$94.41

(3.2%)

 

11.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

78.6%

(6.4%)

 

$149.99

$143.06

4.8%

 

$110.40

$112.38

(1.8%)

 

100.0%

Note: Region categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

 

Page | 22

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Chain Scale Compared to 2021

Three Months Ended September 30

(Unaudited)

 

Chain Scale/Brand

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AC Hotels

1

 

97.5%

96.7%

0.8%

 

$350.64

$340.53

3.0%

 

$341.97

$329.24

3.9%

 

3.1%

Aloft

1

 

89.2%

44.4%

100.9%

 

$280.99

$225.50

24.6%

 

$250.55

$100.20

150.0%

 

1.7%

Courtyard

33

 

73.5%

68.0%

8.1%

 

$169.35

$154.27

9.8%

 

$124.44

$104.85

18.7%

 

18.5%

Hilton Garden Inn

40

 

74.6%

65.0%

14.8%

 

$151.46

$138.47

9.4%

 

$113.02

$90.03

25.5%

 

18.1%

Homewood Suites

30

 

80.3%

81.3%

(1.2%)

 

$143.93

$128.93

11.6%

 

$115.60

$104.87

10.2%

 

10.6%

Hyatt House

1

 

62.2%

70.4%

(11.6%)

 

$116.29

$103.72

12.1%

 

$72.32

$73.06

(1.0%)

 

0.1%

Hyatt Place

3

 

71.3%

63.1%

13.0%

 

$124.69

$120.40

3.6%

 

$88.95

$75.92

17.2%

 

0.5%

Residence Inn

29

 

81.4%

81.4%

0.0%

 

$170.71

$154.13

10.8%

 

$138.99

$125.50

10.7%

 

16.6%

SpringHill Suites

9

 

68.4%

68.9%

(0.7%)

 

$137.86

$119.46

15.4%

 

$94.33

$82.33

14.6%

 

2.6%

Upscale Total

147

 

76.4%

72.2%

5.8%

 

$160.08

$144.34

10.9%

 

$122.29

$104.17

17.4%

 

71.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Midscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fairfield

10

 

68.7%

67.8%

1.3%

 

$128.85

$118.66

8.6%

 

$88.54

$80.40

10.1%

 

2.5%

Hampton

37

 

73.7%

67.4%

9.3%

 

$153.50

$139.52

10.0%

 

$113.05

$94.07

20.2%

 

14.6%

Home2 Suites

10

 

83.9%

81.8%

2.6%

 

$161.18

$141.37

14.0%

 

$135.16

$115.63

16.9%

 

5.3%

TownePlace Suites

9

 

78.7%

81.4%

(3.3%)

 

$119.09

$113.40

5.0%

 

$93.75

$92.35

1.5%

 

2.4%

Upper Midscale Total

66

 

74.9%

71.1%

5.3%

 

$147.28

$133.51

10.3%

 

$110.34

$94.86

16.3%

 

24.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Embassy Suites

2

 

91.1%

85.7%

6.3%

 

$234.97

$209.26

12.3%

 

$214.09

$179.39

19.3%

 

2.3%

Marriott

2

 

55.7%

46.1%

20.8%

 

$155.81

$132.54

17.6%

 

$86.82

$61.10

42.1%

 

0.6%

Upper Upscale Total

4

 

67.7%

59.5%

13.8%

 

$191.82

$169.90

12.9%

 

$129.83

$101.08

28.4%

 

2.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

1

 

77.9%

74.1%

5.1%

 

$231.84

$132.99

74.3%

 

$180.51

$98.61

83.1%

 

0.5%

Independents Total

1

 

77.9%

74.1%

5.1%

 

$231.84

$132.99

74.3%

 

$180.51

$98.61

83.1%

 

0.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

71.4%

6.0%

 

$157.90

$141.84

11.3%

 

$119.53

$101.34

17.9%

 

100.0%

Note: Chain scale categorization based on STR designation.

 

 

 

 

 

 

Page | 23

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Chain Scale Compared to 2019

Three Months Ended September 30

(Unaudited)

 

Chain Scale/Brand

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AC Hotels

1

 

97.5%

90.1%

8.2%

 

$350.64

$268.73

30.5%

 

$341.97

$242.21

41.2%

 

3.1%

Aloft

1

 

89.2%

 

 

 

$280.99

 

 

 

$250.55

 

 

 

1.7%

Courtyard

33

 

73.5%

77.6%

(5.3%)

 

$169.35

$152.61

11.0%

 

$124.44

$118.45

5.1%

 

18.5%

Hilton Garden Inn

40

 

74.6%

79.4%

(6.0%)

 

$151.46

$136.89

10.6%

 

$113.02

$108.72

4.0%

 

18.1%

Homewood Suites

30

 

80.3%

83.6%

(3.9%)

 

$143.93

$136.87

5.2%

 

$115.60

$114.42

1.0%

 

10.6%

Hyatt House

1

 

62.2%

 

 

 

$116.29

 

 

 

$72.32

 

 

 

0.1%

Hyatt Place

3

 

71.3%

68.9%

3.5%

 

$124.69

$117.04

6.5%

 

$88.95

$80.58

10.4%

 

0.5%

Residence Inn

29

 

81.4%

83.3%

(2.3%)

 

$170.71

$160.36

6.5%

 

$138.99

$133.51

4.1%

 

16.6%

SpringHill Suites

9

 

68.4%

81.0%

(15.6%)

 

$137.86

$124.98

10.3%

 

$94.33

$101.25

(6.8%)

 

2.6%

Upscale Total

147

 

76.4%

80.5%

(5.1%)

 

$160.08

$145.63

9.9%

 

$122.29

$117.27

4.3%

 

71.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Midscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fairfield

10

 

68.7%

75.0%

(8.4%)

 

$128.85

$114.24

12.8%

 

$88.54

$85.65

3.4%

 

2.5%

Hampton

37

 

73.7%

80.9%

(8.9%)

 

$153.50

$138.69

10.7%

 

$113.05

$112.21

0.7%

 

14.6%

Home2 Suites

10

 

83.9%

81.1%

3.5%

 

$161.18

$140.50

14.7%

 

$135.16

$114.02

18.5%

 

5.3%

TownePlace Suites

9

 

78.7%

80.6%

(2.4%)

 

$119.09

$118.57

0.4%

 

$93.75

$95.55

(1.9%)

 

2.4%

Upper Midscale Total

66

 

74.9%

80.0%

(6.4%)

 

$147.28

$133.11

10.6%

 

$110.34

$106.49

3.6%

 

24.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Embassy Suites

2

 

91.1%

88.3%

3.2%

 

$234.97

$212.44

10.6%

 

$214.09

$187.56

14.1%

 

2.3%

Marriott

2

 

55.7%

61.0%

(8.7%)

 

$155.81

$144.98

7.5%

 

$86.82

$88.45

(1.8%)

 

0.6%

Upper Upscale Total

4

 

67.7%

70.3%

(3.7%)

 

$191.82

$173.72

10.4%

 

$129.83

$122.06

6.4%

 

2.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

1

 

77.9%

95.2%

(18.2%)

 

$231.84

$260.20

(10.9%)

 

$180.51

$247.69

(27.1%)

 

0.5%

Independents Total

1

 

77.9%

95.2%

(18.2%)

 

$231.84

$260.20

(10.9%)

 

$180.51

$247.69

(27.1%)

 

0.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

80.1%

(5.5%)

 

$157.90

$143.87

9.8%

 

$119.53

$115.30

3.7%

 

100.0%

Note: Chain scale categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

Page | 24

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Chain Scale Compared to 2021

Nine Months Ended September 30

(Unaudited)

 

Chain Scale/Brand

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AC Hotels

1

 

77.4%

66.7%

16.0%

 

$261.20

$256.51

1.8%

 

$202.20

$171.18

18.1%

 

1.7%

Aloft

1

 

64.8%

44.4%

45.9%

 

$226.92

$225.50

0.6%

 

$146.94

$100.20

46.6%

 

0.9%

Courtyard

33

 

71.1%

60.7%

17.1%

 

$156.60

$129.58

20.9%

 

$111.35

$78.67

41.5%

 

18.1%

Hilton Garden Inn

40

 

70.7%

59.0%

19.8%

 

$146.39

$120.44

21.5%

 

$103.46

$71.04

45.6%

 

17.7%

Homewood Suites

30

 

81.3%

78.2%

4.0%

 

$143.02

$118.64

20.5%

 

$116.30

$92.74

25.4%

 

12.3%

Hyatt House

1

 

71.0%

57.8%

22.8%

 

$141.56

$105.66

34.0%

 

$100.48

$61.02

64.7%

 

0.3%

Hyatt Place

3

 

73.1%

61.5%

18.9%

 

$139.64

$114.17

22.3%

 

$102.06

$70.27

45.2%

 

1.0%

Residence Inn

29

 

79.4%

75.7%

4.9%

 

$157.14

$134.32

17.0%

 

$124.82

$101.63

22.8%

 

15.5%

SpringHill Suites

9

 

69.4%

66.0%

5.2%

 

$134.53

$102.04

31.8%

 

$93.37

$67.32

38.7%

 

3.3%

Upscale Total

147

 

74.3%

66.5%

11.7%

 

$151.00

$124.96

20.8%

 

$112.13

$83.09

35.0%

 

70.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Midscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fairfield

10

 

67.9%

63.5%

6.9%

 

$126.45

$99.68

26.9%

 

$85.83

$63.27

35.7%

 

2.9%

Hampton

37

 

70.6%

61.3%

15.2%

 

$149.55

$122.11

22.5%

 

$105.56

$74.80

41.1%

 

15.0%

Home2 Suites

10

 

82.5%

78.2%

5.5%

 

$153.20

$123.51

24.0%

 

$126.37

$96.55

30.9%

 

5.4%

TownePlace Suites

9

 

80.0%

77.7%

3.0%

 

$118.87

$105.29

12.9%

 

$95.10

$81.77

16.3%

 

2.9%

Upper Midscale Total

66

 

72.9%

65.8%

10.8%

 

$143.16

$116.91

22.5%

 

$104.37

$76.91

35.7%

 

26.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Embassy Suites

2

 

88.6%

82.8%

7.0%

 

$212.04

$182.86

16.0%

 

$187.89

$151.33

24.2%

 

2.0%

Marriott

2

 

54.6%

41.0%

33.2%

 

$157.14

$123.96

26.8%

 

$85.84

$50.87

68.7%

 

1.0%

Upper Upscale Total

4

 

66.1%

55.1%

20.0%

 

$182.00

$153.84

18.3%

 

$120.33

$84.82

41.9%

 

3.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

1

 

74.4%

64.3%

15.7%

 

$194.08

$122.99

57.8%

 

$144.47

$79.02

82.8%

 

0.0%

Independents Total

1

 

74.4%

64.3%

15.7%

 

$194.08

$122.99

57.8%

 

$144.47

$79.02

82.8%

 

0.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

65.9%

11.7%

 

$149.99

$123.41

21.5%

 

$110.40

$81.33

35.7%

 

100.0%

Note: Chain scale categorization based on STR designation.

 

 

 

 

Page | 25

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Chain Scale Compared to 2019

Nine Months Ended September 30

(Unaudited)

 

Chain Scale/Brand

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AC Hotels

1

 

77.4%

65.8%

17.6%

 

$261.20

$214.89

21.6%

 

$202.20

$141.42

43.0%

 

1.7%

Aloft

1

 

64.8%

 

 

 

$226.92

 

 

 

$146.94

 

 

 

0.9%

Courtyard

33

 

71.1%

76.3%

(6.8%)

 

$156.60

$147.77

6.0%

 

$111.35

$112.74

(1.2%)

 

18.1%

Hilton Garden Inn

40

 

70.7%

78.2%

(9.6%)

 

$146.39

$139.06

5.3%

 

$103.46

$108.77

(4.9%)

 

17.7%

Homewood Suites

30

 

81.3%

83.4%

(2.5%)

 

$143.02

$141.77

0.9%

 

$116.30

$118.19

(1.6%)

 

12.3%

Hyatt House

1

 

71.0%

 

 

 

$141.56

 

 

 

$100.48

 

 

 

0.3%

Hyatt Place

3

 

73.1%

64.1%

14.0%

 

$139.64

$121.88

14.6%

 

$102.06

$78.13

30.6%

 

1.0%

Residence Inn

29

 

79.4%

80.2%

(1.0%)

 

$157.14

$153.14

2.6%

 

$124.82

$122.85

1.6%

 

15.5%

SpringHill Suites

9

 

69.4%

79.0%

(12.2%)

 

$134.53

$128.06

5.1%

 

$93.37

$101.21

(7.7%)

 

3.3%

Upscale Total

147

 

74.3%

78.8%

(5.7%)

 

$151.00

$144.08

4.8%

 

$112.13

$113.54

(1.2%)

 

70.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Midscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fairfield

10

 

67.9%

75.1%

(9.6%)

 

$126.45

$118.62

6.6%

 

$85.83

$89.03

(3.6%)

 

2.9%

Hampton

37

 

70.6%

78.0%

(9.5%)

 

$149.55

$140.57

6.4%

 

$105.56

$109.60

(3.7%)

 

15.0%

Home2 Suites

10

 

82.5%

82.9%

(0.5%)

 

$153.20

$139.97

9.5%

 

$126.37

$115.98

9.0%

 

5.4%

TownePlace Suites

9

 

80.0%

79.0%

1.3%

 

$118.87

$118.74

0.1%

 

$95.10

$93.82

1.4%

 

2.9%

Upper Midscale Total

66

 

72.9%

78.3%

(6.9%)

 

$143.16

$134.72

6.3%

 

$104.37

$105.44

(1.0%)

 

26.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upper Upscale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Embassy Suites

2

 

88.6%

88.6%

0.0%

 

$212.04

$196.22

8.1%

 

$187.89

$173.91

8.0%

 

2.0%

Marriott

2

 

54.6%

64.6%

(15.5%)

 

$157.14

$148.66

5.7%

 

$85.84

$96.10

(10.7%)

 

1.0%

Upper Upscale Total

4

 

66.1%

72.8%

(9.2%)

 

$182.00

$168.30

8.1%

 

$120.33

$122.48

(1.8%)

 

3.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independents

1

 

74.4%

93.6%

(20.5%)

 

$194.08

$245.47

(20.9%)

 

$144.47

$229.70

(37.1%)

 

0.0%

Independents Total

1

 

74.4%

93.6%

(20.5%)

 

$194.08

$245.47

(20.9%)

 

$144.47

$229.70

(37.1%)

 

0.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

78.6%

(6.4%)

 

$149.99

$143.06

4.8%

 

$110.40

$112.38

(1.8%)

 

100.0%

Note: Chain scale categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

 

 

 

 

 

 

 

 

Page | 26

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Location Compared to 2021

Three Months Ended September 30

(Unaudited)

 

Location

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

Q3 2021

% Change

 

Q3 2022

STR Location

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Airport

18

 

77.0%

74.1%

3.9%

 

$133.98

$121.96

9.9%

 

$103.10

$90.42

14.0%

 

5.4%

Interstate

4

 

72.8%

69.1%

5.4%

 

$117.28

$114.16

2.7%

 

$85.42

$78.92

8.2%

 

1.0%

Resort

11

 

72.7%

68.7%

5.8%

 

$180.21

$182.80

(1.4%)

 

$130.94

$125.60

4.3%

 

6.4%

Small Metro/Town

11

 

74.3%

72.2%

2.9%

 

$121.21

$107.54

12.7%

 

$90.02

$77.68

15.9%

 

3.1%

Suburban

125

 

76.3%

73.5%

3.8%

 

$150.99

$136.12

10.9%

 

$115.18

$100.05

15.1%

 

49.8%

Urban

49

 

75.2%

67.0%

12.2%

 

$183.63

$160.95

14.1%

 

$138.01

$107.79

28.0%

 

34.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

71.4%

6.0%

 

$157.90

$141.84

11.3%

 

$119.53

$101.34

17.9%

 

100.0%

Note: Location categorization based on STR designation.

 

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Location Compared to 2019

Three Months Ended September 30

(Unaudited)

 

Location

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

Q3 2019

% Change

 

Q3 2022

STR Location

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Airport

18

 

77.0%

81.0%

(4.9%)

 

$133.98

$128.49

4.3%

 

$103.10

$104.10

(1.0%)

 

5.4%

Interstate

4

 

72.8%

78.8%

(7.6%)

 

$117.28

$103.98

12.8%

 

$85.42

$81.93

4.3%

 

1.0%

Resort

11

 

72.7%

82.4%

(11.8%)

 

$180.21

$147.80

21.9%

 

$130.94

$121.74

7.6%

 

6.4%

Small Metro/Town

11

 

74.3%

73.6%

1.0%

 

$121.21

$112.29

7.9%

 

$90.02

$82.60

9.0%

 

3.1%

Suburban

125

 

76.3%

80.1%

(4.7%)

 

$150.99

$139.51

8.2%

 

$115.18

$111.69

3.1%

 

49.8%

Urban

49

 

75.2%

80.9%

(7.0%)

 

$183.63

$164.13

11.9%

 

$138.01

$132.79

3.9%

 

34.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

75.7%

80.1%

(5.5%)

 

$157.90

$143.87

9.8%

 

$119.53

$115.30

3.7%

 

100.0%

Note: Location categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

Page | 27

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Location Compared to 2021

Nine Months Ended September 30

(Unaudited)

 

Location

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

YTD 2021

% Change

 

YTD 2022

STR Location

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Airport

18

 

78.2%

71.1%

10.0%

 

$135.04

$109.27

23.6%

 

$105.59

$77.73

35.8%

 

6.9%

Interstate

4

 

68.2%

61.4%

11.1%

 

$116.05

$105.03

10.5%

 

$79.20

$64.54

22.7%

 

1.0%

Resort

11

 

73.8%

65.2%

13.2%

 

$171.85

$151.29

13.6%

 

$126.81

$98.59

28.6%

 

6.9%

Small Metro/Town

11

 

76.4%

70.5%

8.4%

 

$125.88

$103.50

21.6%

 

$96.16

$72.92

31.9%

 

4.0%

Suburban

125

 

74.2%

68.0%

9.1%

 

$143.16

$119.54

19.8%

 

$106.29

$81.32

30.7%

 

50.0%

Urban

49

 

70.7%

59.5%

18.8%

 

$171.22

$136.71

25.2%

 

$121.11

$81.38

48.8%

 

31.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

65.9%

11.7%

 

$149.99

$123.41

21.5%

 

$110.40

$81.33

35.7%

 

100.0%

Note: Location categorization based on STR designation.

 

 

 

Apple Hospitality REIT, Inc.

Comparable Hotels Operating Metrics by Location Compared to 2019

Nine Months Ended September 30

(Unaudited)

 

Location

 

 

Occupancy

 

ADR

 

RevPAR

 

% of Adjusted Hotel EBITDA

 

# of Hotels

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

YTD 2019

% Change

 

YTD 2022

STR Location

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Airport

18

 

78.2%

81.0%

(3.5%)

 

$135.04

$130.63

3.4%

 

$105.59

$105.82

(0.2%)

 

6.9%

Interstate

4

 

68.2%

74.8%

(8.8%)

 

$116.05

$103.40

12.2%

 

$79.20

$77.34

2.4%

 

1.0%

Resort

11

 

73.8%

83.0%

(11.1%)

 

$171.85

$152.24

12.9%

 

$126.81

$126.43

0.3%

 

6.9%

Small Metro/Town

11

 

76.4%

78.4%

(2.6%)

 

$125.88

$121.17

3.9%

 

$96.16

$94.96

1.3%

 

4.0%

Suburban

125

 

74.2%

78.3%

(5.2%)

 

$143.16

$138.38

3.5%

 

$106.29

$108.34

(1.9%)

 

50.0%

Urban

49

 

70.7%

77.9%

(9.2%)

 

$171.22

$161.12

6.3%

 

$121.11

$125.48

(3.5%)

 

31.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

218

 

73.6%

78.6%

(6.4%)

 

$149.99

$143.06

4.8%

 

$110.40

$112.38

(1.8%)

 

100.0%

Note: Location categorization based on STR designation. Comparisons to 2019 operating results are included to provide a better understanding of the Company’s recovery from the impact of COVID-19 on hotel operations.

 

 

Page | 28

 

 GRAPHIC 3 img1383037_0.jpg GRAPHIC begin 644 img1383037_0.jpg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end EX-101.SCH 4 aple-20220930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 100000 - Document - Document And Entity Information link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 5 aple-20220930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Cover [Abstract] Amendment Flag City Area Code Document Period End Date Document Type Entity Address, Address Line One Entity Address, City or Town Entity Address, Postal Zip Code Entity Address, State or Province Entity Central Index Key Entity Emerging Growth Company Securities Act File Number Entity Incorporation, State or Country Code Entity Registrant Name Entity Tax Identification Number Local Phone Number Pre-commencement Issuer Tender Offer Pre-commencement Tender Offer Title of 12(b) Security Security Exchange Name Soliciting Material Trading Symbol Written Communications EX-101.PRE 6 aple-20220930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 7 R1.htm IDEA: XBRL DOCUMENT v3.22.2.2
Document And Entity Information
Sep. 30, 2022
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 30, 2022
Entity Registrant Name APPLE HOSPITALITY REIT, INC.
Entity Central Index Key 0001418121
Entity Emerging Growth Company false
Securities Act File Number 001-37389
Entity Incorporation, State or Country Code VA
Entity Tax Identification Number 26-1379210
Entity Address, Address Line One 814 East Main Street
Entity Address, City or Town Richmond
Entity Address, State or Province VA
Entity Address, Postal Zip Code 23219
City Area Code 804
Local Phone Number 344-8121
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares, no par value
Trading Symbol APLE
Security Exchange Name NYSE
XML 8 aple-20220930_htm.xml IDEA: XBRL DOCUMENT 0001418121 2022-09-30 2022-09-30 0001418121 false 8-K 2022-09-30 APPLE HOSPITALITY REIT, INC. VA 001-37389 26-1379210 814 East Main Street Richmond VA 23219 804 344-8121 false false false false Common Shares, no par value APLE NYSE false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.2.2 html 1 22 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document And Entity Information Sheet http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation Document And Entity Information Cover 1 false false All Reports Book All Reports aple-20220930.htm aple-20220930.xsd aple-20220930_lab.xml aple-20220930_pre.xml aple-ex99_1.htm http://xbrl.sec.gov/dei/2022 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "aple-20220930.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "aple-20220930.htm" ] }, "labelLink": { "local": [ "aple-20220930_lab.xml" ] }, "presentationLink": { "local": [ "aple-20220930_pre.xml" ] }, "schema": { "local": [ "aple-20220930.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-roles-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-roles-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd", "https://xbrl.sec.gov/country/2022/country-2022.xsd", "https://xbrl.sec.gov/dei/2022/dei-2022.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2022": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "aple", "nsuri": "http://applehospitalityreit.com/20220930", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "p", "body", "html" ], "baseRef": "aple-20220930.htm", "contextRef": "C_fa4e41c2-aeed-4c3e-b6af-04c9fbac76ae", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document And Entity Information", "role": "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document And Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "p", "body", "html" ], "baseRef": "aple-20220930.htm", "contextRef": "C_fa4e41c2-aeed-4c3e-b6af-04c9fbac76ae", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2022", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Securities Act File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://applehospitalityreit.com/20220930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 15 0000950170-22-022616-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000950170-22-022616-xbrl.zip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end