Apple Hospitality (APLE) Grows Portfolio With Embassy Suites [Yahoo! Finance]
Apple Hospitality REIT, Inc. Common Shares (APLE)
Last apple hospitality reit, inc. common shares earnings: 2/24 04:15 pm
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Source: Yahoo! Finance
With a focus on expanding its portfolio and enhancing shareholder value, Apple Hospitality's move aligns with its commitment to growth and adaptability in the dynamic hospitality market. The acquisition of the 262-room Embassy Suites by Hilton Madison Downtown was finalized at approximately $79.5 million, reflecting a price of $303,000 per key. Per Nelson Knight, president at Real Estate and Investments of Apple Hospitality, “Ideally located in the heart of downtown Madison, we are confident the Hotel is well positioned to serve the city's wide variety of business and leisure travelers.” The Embassy Suites Madison Downtown, which has recently been constructed, is located at 231 South Pinckney Street in Madison, Wisconsin. Additionally, it offers easy access to Lake Monona, Lake Mendota, the University of Wisconsin-Madison, and a diverse range of restaurants, shops, art galleries, parks, museums and entertainment venues. Madison's economy boasts various business demand generato
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News
- Apple Hospitality REIT buys Embassy Suites Madison for $79.5m [Yahoo! Finance]Yahoo! Finance
- Apple Hospitality REIT Acquires the Embassy Suites by Hilton Madison Downtown [Yahoo! Finance]Yahoo! Finance
- Apple Hospitality REIT Acquires the Embassy Suites by Hilton Madison DowntownBusiness Wire
- Apple Hospitality: Its Recovery Has Removed Any Opportunity [Seeking Alpha]Seeking Alpha
- Apple Hospitality REIT Announces Monthly DistributionBusiness Wire
APLE
Earnings
- 5/6/24 - Miss
APLE
Sec Filings
- 6/25/24 - Form 8-K
- 6/21/24 - Form 8-K
- 6/4/24 - Form 4
- APLE's page on the SEC website