Apple Hospitality REIT (Apple Hospitality REIT) Revenue per Available Room (USD) : 110.25 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Apple Hospitality REIT Revenue per Available Room (USD)?

Revenue per Available Room (USD), RevPAR, is a metric used in the hotel hospitality industry to measure hotel performance.

Apple Hospitality REIT's Revenue per Available Room (USD) for the quarter that ended in Mar. 2024 was 110.25 , which higher from pervious quarter (Dec. 2023)'s result by 5.74%.

Apple Hospitality REIT's Revenue per Available Room (USD) for the annual that ended in Dec. 2023 was 115.60 , which higher from pervious year (Dec. 2022)'s result by 6.59%.

The historical rank and industry rank for Apple Hospitality REIT's Revenue per Available Room (USD) or its related term are showing as below:

APLE's Revenue per Available Room (USD) is not ranked ^*
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Revenue per Available Room (USD) only.

Apple Hospitality REIT Revenue per Available Room (USD) Historical Data

The historical data trend for Apple Hospitality REIT's Revenue per Available Room (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Hospitality REIT Revenue per Available Room (USD) Chart

Apple Hospitality REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Revenue per Available Room (USD)

Get a 7-Day Free Trial

Average Daily Rate (USD)

Get a 7-Day Free Trial

Apple Hospitality REITQuarterly Data

Trend

Jun19

Sep19

Dec19

Mar20

Jun20

Sep20

Dec20

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Revenue per Available Room (USD)

Get a 7-Day Free Trial

Average Daily Rate (USD)

Get a 7-Day Free Trial

Competitive Comparison of Apple Hospitality REIT's Revenue per Available Room (USD)

For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT's Revenue per Available Room (USD), along with its competitors' market caps and Revenue per Available Room (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple Hospitality REIT (NYSE:APLE) Revenue per Available Room (USD) Calculation

Revenue per Available Room (USD) is calculated as

Revenue per Available Room (USD)	=	Average Daily Rate (USD)	*	Average Occupancy Rate %
	=	Total Room Revenue	/	Number of Available Rooms

Apple Hospitality REIT (NYSE:APLE) Revenue per Available Room (USD) Explanation

Revenue per Available Room (USD) is a metric used in the hospitality industry to measure hotel performance, calcualted by multiplying Average Daily Rate (USD) by Average Occupancy Rate %. Thus, an increase in a property's RevPAR means that its average room rate or its occupancy rate is improving. However, it does not necessarily mean greater profits as it fails to consider the size of a hotel.

Apple Hospitality REIT Revenue per Available Room (USD) Related Terms

Thank you for viewing the detailed overview of Apple Hospitality REIT's Revenue per Available Room (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.

Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Revenue per Available Room (USD)

Comparable Companies

Traded in Other Exchanges

48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Executives

Elizabeth Perkins	officer: SVP & Chief Financial Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight	director, officer: CEO	10 S THIRD ST, RICHMOND VA 23219
Nelson Knight	officer: President Real Estate & Invest	814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley	director	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim	director	DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright	director	10 S THIRD ST, RICHMOND VA 23219
Glade M Knight	director, officer: Executive Chairman	306 E MAINS T, RICHMOND VA 23219
Matthew Rash	officer: SVP & Chief Legal Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque	officer: SVP & Chief Accounting Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke	officer: SVP Chief Cap. Invest. Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher	officer: SVP & Chief Operating Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219