Apple Hospitality REIT posts strong Q3 2026 results and raises full‑year RevPAR and EBITDA margin guidance
Apple Hospitality REIT reported third‑quarter 2026 comparable‑hotel RevPAR up 7.3% year‑over‑year, adjusted EBITDA growth of roughly 13‑15% and MFFO per share increasing 16% versus the prior year. The company sold five hotels for about $72 million and, including prior transactions, has sold or contracted to sell 13 hotels for $154 million. It lifted its full‑year RevPAR growth midpoint to 5.6% and its adjusted EBITDA margin midpoint to 35.25%.
Why it matters
The earnings beat and raised guidance suggest higher cash flow and distribution capacity for shareholders, as noted by the CEO. Analysts at Yahoo Finance highlighted the $0.50 per share FFO beat and the revenue increase to $398.33 million, indicating continued growth momentum.
Key facts
- 1Comparable‑hotel RevPAR grew 7.3% year‑over‑year in Q3 2026. stocktitan.net
- 2Adjusted EBITDA increased 13.3% year‑over‑year in Q3 2026. stocktitan.net
- 3Adjusted hotel EBITDA grew 14.7% year‑over‑year, according to the earnings call. finance.yahoo.com
- 4MFFO per share rose 16% year‑over‑year in Q3 2026. stocktitan.net
- 5The company entered contracts to sell five hotels for a combined gross price of approximately $72 million. stocktitan.net
- 6Since the start of 2025, Apple Hospitality has sold or contracted to sell 13 hotels for $154 million. finance.yahoo.com
Open questions
- Adjusted EBITDA growth is reported as 13.3% in the press release and 14.7% in the earnings call transcript.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.