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Apple Hospitality REIT (APLE) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Apple Hospitality REIT Revenue Highlights

Latest Revenue (Y)

$1.34B

Latest Revenue (Q)

$378.84M

Main Segment (Y)

Occupancy

Apple Hospitality REIT Revenue by Period

Apple Hospitality REIT Revenue by Year

DateRevenueChange
2023-12-31$1.34B8.51%
2022-12-31$1.24B32.61%
2021-12-31$933.87M55.16%
2020-12-31$601.88M-52.48%
2019-12-31$1.27B-0.31%
2018-12-31$1.27B2.58%
2017-12-31$1.24B18.98%
2016-12-31$1.04B15.89%
2015-12-31$898.31M11.75%
2014-12-31$803.90M107.19%
2013-12-31$387.99M6.13%
2012-12-31$365.59M14.07%
2011-12-31$320.50M100.14%
2010-12-31$160.13M87.94%
2009-12-31$85.21M640.92%
2008-12-31$11.50M-

Apple Hospitality REIT generated $1.34B in revenue during NA 2023, up 8.51% compared to the previous quarter, and up 105.76% compared to the same period a year ago.

Apple Hospitality REIT Revenue by Quarter

DateRevenueChange
2024-09-30$378.84M-2.88%
2024-06-30$390.08M18.38%
2024-03-31$329.51M5.46%
2023-12-31$312.46M-12.79%
2023-09-30$358.26M-0.93%
2023-06-30$361.63M16.11%
2023-03-31$311.45M4.12%
2022-12-31$299.12M-12.32%
2022-09-30$341.15M1.03%
2022-06-30$337.67M29.63%
2022-03-31$260.48M3.95%
2021-12-31$250.59M-9.59%
2021-09-30$277.16M12.03%
2021-06-30$247.40M55.88%
2021-03-31$158.71M18.47%
2020-12-31$133.97M-9.99%
2020-09-30$148.83M83.56%
2020-06-30$81.08M-65.94%
2020-03-31$238.01M-17.92%
2019-12-31$289.97M-12.59%
2019-09-30$331.72M-2.75%
2019-06-30$341.12M12.29%
2019-03-31$303.79M2.89%
2018-12-31$295.25M-11.12%
2018-09-30$332.20M-3.63%
2018-06-30$344.71M15.53%
2018-03-31$298.39M3.22%
2017-12-31$289.07M-11.04%
2017-09-30$324.93M-2.04%
2017-06-30$331.70M13.24%
2017-03-31$292.93M3.72%
2016-12-31$282.43M2.16%
2016-09-30$276.47M7.31%
2016-06-30$257.64M14.77%
2016-03-31$224.49M5.38%
2015-12-31$213.03M-11.44%
2015-09-30$240.56M2.64%
2015-06-30$234.37M11.42%
2015-03-31$210.35M3.97%
2014-12-31$202.32M-12.75%
2014-09-30$231.88M-0.29%
2014-06-30$232.57M69.47%
2014-03-31$137.24M51.18%
2013-12-31$90.78M-9.44%
2013-09-30$100.24M-4.15%
2013-06-30$104.57M13.17%
2013-03-31$92.40M6.54%
2012-12-31$86.73M-7.39%
2012-09-30$93.65M-3.55%
2012-06-30$97.10M10.22%
2012-03-31$88.10M12.37%
2011-12-31$78.40M-8.52%
2011-09-30$85.70M1.54%
2011-06-30$84.40M17.22%
2011-03-31$72.00M32.60%
2010-12-31$54.30M23.97%
2010-09-30$43.80M44.55%
2010-06-30$30.30M-4.72%
2010-03-31$31.80M14.39%
2009-12-31$27.80M-1.07%
2009-09-30$28.10M5.64%
2009-06-30$26.60M42.25%
2009-03-31$18.70M73.07%
2008-12-31$10.80M1402.78%
2008-09-30$719.00K100.00%
2008-06-30--

Apple Hospitality REIT generated $378.84M in revenue during Q3 2024, up -2.88% compared to the previous quarter, and up 104.76% compared to the same period a year ago.

Apple Hospitality REIT Revenue Breakdown

Apple Hospitality REIT Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Occupancy$1.23B$1.14B$871.44M$560.49M$1.17B
Hotel, Other$60.67M$52.97M$39.58M--
Food and Beverage$56.97M$46.01M$59.81M--
Food And Beverage--$22.02M$16.72M-
Hotel Other--$40.41M$24.68M-

Apple Hospitality REIT's latest annual revenue breakdown by segment (product or service), as of Dec 23: Occupancy (91.25%), Hotel, Other (4.52%), and Food and Beverage (4.24%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Food and Beverage$15.84M$17.86M$15.06M$27.89M$13.58M$15.51M$13.66M$839.00K$11.31M$15.03M----------
Occupancy$346.06M$353.69M$298.75M$282.48M$327.12M$331.04M$285.52M$273.15M$315.94M$312.37M$237.98M$231.37M$260.42M$231.17M$148.48M$125.56M$140.12M$76.83M$217.98M$265.21M
Hotel, Other$16.94M$18.53M$15.70M$28.03M$17.56M$15.08M$12.31M$3.41M$8.72M$9.73M----------
Hotel Other------$12.98M$13.34M$13.28M$14.04M$11.38M$10.43M$11.15M$7.45M$6.07M$6.47M----
Food And Beverage------$12.95M$11.87M$12.02M$8.46M$7.83M$6.32M$5.09M$2.78M$2.33M$2.23M----

Apple Hospitality REIT's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Occupancy (91.35%), Hotel, Other (4.47%), and Food and Beverage (4.18%).

Apple Hospitality REIT Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HSTHost Hotels & Resorts$5.31B$1.32B
PKPark Hotels & Resorts$2.70B$649.00M
RHPRyman Hospitality Properties$2.16B$549.96M
SVCService Properties Trust$1.87B$512.57M
PEBPebblebrook Hotel Trust$1.42B$404.53M
APLEApple Hospitality REIT$1.34B$378.84M
RLJRLJ Lodging Trust$1.33B$345.74M
DRHDiamondRock Hospitality Company$1.07B$285.13M
SHOSunstone Hotel Investors$986.48M$226.39M
HTHersha Hospitality Trust$405.87M$91.98M

APLE Revenue FAQ

What is Apple Hospitality REIT’s yearly revenue?

Apple Hospitality REIT's yearly revenue for 2023 was $1.34B, representing an increase of 8.51% compared to 2022. The company's yearly revenue for 2022 was $1.24B, representing an increase of 32.61% compared to 2021. APLE's yearly revenue for 2021 was $933.87M, representing an increase of 55.16% compared to 2020.

What is Apple Hospitality REIT’s quarterly revenue?

Apple Hospitality REIT's quarterly revenue for Q3 2024 was $378.84M, a -2.88% decrease from the previous quarter (Q2 2024), and a 5.75% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $390.08M, a 18.38% increase from the previous quarter (Q1 2024), and a 7.87% increase year-over-year (Q2 2023). APLE's quarterly revenue for Q1 2024 was $329.51M, a 5.46% increase from the previous quarter (Q4 2023), and a 5.80% increase year-over-year (Q1 2023).

What is Apple Hospitality REIT’s revenue growth rate?

Apple Hospitality REIT's revenue growth rate for the last 3 years (2021-2023) was 43.90%, and for the last 5 years (2019-2023) was 6.10%.

What are Apple Hospitality REIT’s revenue streams?

Apple Hospitality REIT's revenue streams in c 23 are Occupancy, Hotel, Other, and Food and Beverage. Occupancy generated $1.23B in revenue, accounting 91.25% of the company's total revenue, up 7.61% year-over-year. Hotel, Other generated $60.67M in revenue, accounting 4.52% of the company's total revenue, up 14.54% year-over-year. Food and Beverage generated $56.97M in revenue, accounting 4.24% of the company's total revenue, up 23.82% year-over-year.

What is Apple Hospitality REIT’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Apple Hospitality REIT was Occupancy. This segment made a revenue of $1.23B, representing 91.25% of the company's total revenue.