Apple Hospitality expands portfolio with Motto by Hilton Nashville hotel [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
The acquisition price stands at around $98.2m, which equates to approximately $378,000 per room. The transaction brings Apple Hospitality's total portfolio to 217 hotels with 29,580 guest rooms across 37 states and Washington, DC. The acquisition adds another downtown Nashville location to Apple Hospitality's diversified portfolio during a period of sustained tourism and event-driven demand in the market. The property offers connecting rooms that can link up to six rooms for guest groups. Apple Hospitality Real Estate and Investments president Nelson Knight said: “We are pleased to expand our portfolio with the acquisition of the newly constructed, innovative Motto by Hilton Nashville Downtown and increase our exposure to the dynamic and vibrant Nashville market. “Through our longstanding relationship with one of the industry's leading and most trusted developers, we secured a fixed-price, take-out contract ahead of development, enabling us to acquire this Hotel at an attra
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APLE
Earnings
- 11/3/25 - Miss
APLE
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 12/22/25 - Form 8-K
- APLE's page on the SEC website