Apple Hospitality Reit, Inc. · NYSE:APLE
Apple Hospitality Reit — Corporate Update (April 2025)
18 slides from Apple Hospitality Reit's corporate update, Apr 7, 2025
Slide 1: Operational Update April 2025
APRIL 2025 • NYSE: APLE OPERATIONAL UPDATE Exhibit 99.1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements made in this presentation are forward-looking statements. These forward-looking statements include statements regarding our intent, belief or current expectations and are based on various assumptions. These statements involve substantial risks and uncert
Slide 3: Company Profile and Proven Investment Strategy
Note: Hotel portfolio statistics as of March 31, 2025. The Company’s portfolio also includes one non-hotel property. Market categorization based on STR designation. Average Effective Age represents years since hotels were built or last renovated. Average actual age of hotels is 16 years. The Tripadv
Slide 4: 2024 Financial and Performance Highlights
See following pages for reconciliation to actual revenue and net income. Note: Statistics above compare the Company's performance with the performance of specific industry indices using total shareholder return ("TSR"). Net Total Debt to Total Capitalization calculation based on (as of December 31,
Slide 5: Mission and Values
VALUES Hospitality – We are thoughtful in our interactions with others and know that strong, caring relationships are the core of our industry. Resolve – We are passionate about the work we do and are steadfast in our commitment to our shareholders. Excellence – We are driven to succeed and improve
Slide 6: Proven Investment Strategy
PROVEN INVESTMENT STRATEGY Concentrate on Upscale, rooms-focused hotels Efficient operating model yields higher margins Resilient group business Scale ownership minimizes relative G&A load and provides fixed cost efficiencies Unparalleled access to data and operational expertise Align with the best
Slide 7: Q1 Operational Update
Q1 OPERATIONAL UPDATE First quarter 2025 Comparable Hotels RevPAR down less than 1% as compared to first quarter 2024, based on preliminary results Weather related travel disruption negatively impacted January and February results Southern California hotels, which benefitted early in the quarter fro
Slide 8: Efficient Operations: Hotel EBITDA Margin and RevPAR Comparison
Upscale/Rooms-Focused 2024 Hotel EBITDA Margin and RevPAR Comparison Upper Upscale/Full-Service EFFICIENT OPERATIONS HYATT PLACE GREENVILLE DOWNTOWN Source: Company filings. Assumptions may vary by company. See explanation and reconciliation of Adjusted Hotel EBITDA to net income included in subsequ
Slide 9: Comparable Hotels Occupancy Trends
Occupancy COMPARABLE HOTELS OCCUPANCY TRENDS Note: Comparable Hotels is defined as the 219 hotels owned and held for use by the Company as of December 31, 2024, and excludes one non-hotel property. For hotels acquired during the periods noted, the Company has included, as applicable, results of thos
Slide 10: Leisure Travel Strength Continues: Weekday vs. Weekend Occupancy
Source: Data provided by STR for hotels owned by the Company for the periods noted and may differ from actual results achieved. Weekday occupancy includes Sunday through Thursday nights and weekend occupancy includes Friday and Saturday nights. Leisure Travel Strength Continues WEEKDAY VS. WEEKEND O
Slide 11: Appendix
APPENDIX COURTYARD SANTA CLARITA VALENCIA
Slide 12: Comparable Hotels Quarterly Operating Metrics
COMPARABLE HOTELS QUARTERLY OPERATING METRICS Comparable Hotels Quarterly Operating Metrics and Statistical Data (Unaudited) (in thousands, except statistical data) 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Operating income (Actual) $49,247 $83,029 $76,295 $38,910 $71,615 $93,515 $77,726 $49,903 Operating m
Slide 13: Reconciliation of Net Income to EBITDA and Adjusted Hotel EBITDA
RECONCILIATION OF NET INCOME TO EBITDA, EBITDAre, ADJUSTED EBITDAre AND ADJUSTED HOTEL EBITDA THE FOLLOWING TABLE RECONCILES THE COMPANY’S GAAP NET INCOME TO EBITDA, EBITDAre, ADJUSTED EBITDAre AND ADJUSTED HOTEL EBITDA ON A QUARTERLY BASIS FOR 2023 AND 2024 (Unaudited) (in thousands) 2023 2024 Q1 Q
Slide 14: Reconciliation of Net Income to FFO and MFFO
RECONCILIATION OF NET INCOME TO FFO AND MFFO THE FOLLOWING TABLE RECONCILES THE COMPANY’S GAAP NET INCOME TO FFO and MFFO ON A QUARTERLY BASIS FOR 2023 and 2024 (Unaudited) (in thousands, except per share amounts) Note: The Consolidated Statements of Operations and Comprehensive Income and correspon
Slide 15: Definitions
DEFINITIONS HYATT PLACE JACKSONVILLE AIRPORT 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, Inco
Slide 16: Definitions Continued
DEFINITIONS CONTINUED HAMPTON INN & SUITES PHOENIX DOWNTOWN FFO and MFFO The Company calculates and presents FFO in accordance with standards established by Nareit, which defines FFO as net income (loss) (computed in accordance with generally accepted accounting principles (“GAAP”)), excluding gains
Slide 17: Trademark Information
TRADEMARK INFORMATION “AC Hotels by Marriott®,” “Aloft Hotels®,” “Courtyard by Marriott®,” “Fairfield by Marriott®,” “Fairfield Inn by Marriott®,” “Fairfield Inn & Suites by Marriott®,” “Marriott® Hotels,” “Residence Inn by Marriott®,” “SpringHill Suites by Marriott®,” and “TownePlace Suites by Marr
Slide 18: HAMPTON INN & SUITES ATLANTA DOWNTOWN Apple Hospitality REIT, Inc. 814 East Main Street
HAMPTON INN & SUITES ATLANTA DOWNTOWN Apple Hospitality REIT, Inc. 814 East Main Street Richmond, VA 23219 (804) 344-8121 info@applehospitalityreit.com www.applehospitalityreit.com
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