Below are the financial statements of Apple Hospitality REIT, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Room | 1,298.53a | 1,226.16a | 1,139.44a |
| Food and beverage | 65.8a | 56.97a | 46.01a |
| Other | 67.14a | 60.67a | 52.97a |
| Total revenue | 1,431.47a | 1,343.8a | 1,238.42a |
| Expenses | — | — | — |
| Hotel operating expense | — | — | — |
| Operating | -357.35a | -332.71a | -300.85a |
| Hotel administrative | -123.09a | -114.07a | -105.4a |
| Sales and marketing | -126.94a | -117.54a | -104.76a |
| Utilities | -50.07a | -47.42a | -45.02a |
| Repair and maintenance | -69.7a | -65.41a | -58.73a |
| Franchise fees | -64.02a | -59.32a | -53.9a |
| Management fees | -46.72a | -44.25a | -41.83a |
| Total hotel operating expense | -837.87a | -780.73a | -710.48a |
| Property taxes, insurance and other | -84.38a | -79.31a | -72.91a |
| General and administrative | -42.54a | -47.4a | -42.46a |
| Impairment of depreciable real estate | -3.06a | -5.64a | -26.18a |
| Depreciation and amortization | -190.6a | -183.24a | -181.7a |
| Total expense | -1,158.45a | -1,096.32a | -1,033.72a |
| Gain on sale of real estate | 19.74a | 0a | 1.79a |
| Operating income | 292.76a | 247.48a | 206.48a |
| Interest and other expense, net | -77.75a | -68.86a | -59.73a |
| Income before income taxes | 215.01a | 178.62a | 146.75a |
| Income tax expense | -0.95a | -1.14a | -1.94a |
| Net income | 214.06a | 177.49a | 144.81a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Apple Hospitality REIT’s data sources below and access millions more through our Disclosure Search.