Apple Hospitality REIT Raises 2026 RevPAR Growth Outlook Following Strong Q3 Performance
Apple Hospitality REIT (APLE) has increased its revenue per available room (RevPAR) growth outlook for 2026 to a range of 5.1% to 6.1%. This upward revision follows strong momentum in the third quarter, where comparable hotel RevPAR grew by more than 7%, driven by robust demand from both business and leisure travelers. The company's performance remains strong heading into the final months of the year, with October RevPAR tracking at approximately 10% growth. This sustained demand suggests a positive trajectory for the REIT's portfolio as it moves toward its long-term growth targets.
Tickers: $APLE
Topics: earnings report hospitality industry RevPAR growth
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