Apple Hospitality REIT Takes Steps to Mitigate Impact of COVID-19
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: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it has taken steps to mitigate the impact of the novel coronavirus (COVID-19) outbreak on its business.Apple Hospitality’s Actions to Mitigate Impact of COVID-19The following is a brief summary of certain measures the Company has taken to help maintain a sound liquidity position as a result of the COVID-19 situation and associated economic impact. With the support of its brands and third-party management companies, the Company will continue to evaluate and implement additional measures as the situation evolves.Currently all of Apple Hospitality’s hotels remain open and operational. Each of the Company’s brands and third-party management companies has implemented cost elimination and efficiency initiatives at each of the Company’s hotels by reducing labor costs and tempering certain services and amenities. The impact of the situation will vary by mar
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News
- Apple Hospitality REIT (APLE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Apple Hospitality FFO of $0.45 in-line, revenue of $378.84M misses by $0.8M [Seeking Alpha]Seeking Alpha
- Apple Hospitality REIT Reports Results of Operations for Third Quarter 2024Business Wire
- Apple Hospitality REIT, Inc. (NYSE: APLE) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hotel REITs On the Decline Since Hurricane Milton: Did Wall Street Get It Wrong? [Yahoo! Finance]Yahoo! Finance
APLE
Earnings
- 11/4/24 - Miss
APLE
Sec Filings
- 11/4/24 - Form 8-K
- 11/4/24 - Form 10-Q
- 9/9/24 - Form 8-K
- APLE's page on the SEC website