Apple Hospitality REIT (APLE) Revenue & Revenue Breakdown
Apple Hospitality REIT Revenue Highlights
Latest Revenue (Y)
$1.34B
Latest Revenue (Q)
$390.08M
Main Segment (Y)
Occupancy
Apple Hospitality REIT Revenue by Period
Apple Hospitality REIT Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.34B | 8.51% |
| 2022-12-31 | $1.24B | 32.61% |
| 2021-12-31 | $933.87M | 55.16% |
| 2020-12-31 | $601.88M | -52.48% |
| 2019-12-31 | $1.27B | -0.31% |
| 2018-12-31 | $1.27B | 2.58% |
| 2017-12-31 | $1.24B | 18.98% |
| 2016-12-31 | $1.04B | 15.89% |
| 2015-12-31 | $898.31M | 11.75% |
| 2014-12-31 | $803.90M | 107.19% |
| 2013-12-31 | $387.99M | 6.13% |
| 2012-12-31 | $365.59M | 14.07% |
| 2011-12-31 | $320.50M | 100.14% |
| 2010-12-31 | $160.13M | 87.94% |
| 2009-12-31 | $85.21M | 640.92% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $390.08M | 18.38% |
| 2024-03-31 | $329.51M | 5.46% |
| 2023-12-31 | $312.46M | -12.79% |
| 2023-09-30 | $358.26M | -0.93% |
| 2023-06-30 | $361.63M | 16.11% |
| 2023-03-31 | $311.45M | 4.12% |
| 2022-12-31 | $299.12M | -12.32% |
| 2022-09-30 | $341.15M | 1.03% |
| 2022-06-30 | $337.67M | 29.63% |
| 2022-03-31 | $260.48M | 3.95% |
| 2021-12-31 | $250.59M | -9.59% |
| 2021-09-30 | $277.16M | 12.03% |
| 2021-06-30 | $247.40M | 55.88% |
| 2021-03-31 | $158.71M | 18.47% |
| 2020-12-31 | $133.97M | -9.99% |
| 2020-09-30 | $148.83M | 83.56% |
| 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 | $341.12M | 12.29% |
| 2019-03-31 | $303.79M | 2.89% |
| 2018-12-31 | $295.25M | -11.12% |
| 2018-09-30 | $332.20M | -3.63% |
| 2018-06-30 | $344.71M | 15.53% |
| 2018-03-31 | $298.39M | 3.22% |
| 2017-12-31 | $289.07M | -11.04% |
| 2017-09-30 | $324.93M | -2.04% |
| 2017-06-30 | $331.70M | 13.24% |
| 2017-03-31 | $292.93M | 3.72% |
| 2016-12-31 | $282.43M | 2.16% |
| 2016-09-30 | $276.47M | 7.31% |
| 2016-06-30 | $257.64M | 14.77% |
| 2016-03-31 | $224.49M | 5.38% |
| 2015-12-31 | $213.03M | -11.44% |
| 2015-09-30 | $240.56M | 2.64% |
| 2015-06-30 | $234.37M | 11.42% |
| 2015-03-31 | $210.35M | 3.97% |
| 2014-12-31 | $202.32M | -12.75% |
| 2014-09-30 | $231.88M | -0.29% |
| 2014-06-30 | $232.57M | 69.47% |
| 2014-03-31 | $137.24M | 51.18% |
| 2013-12-31 | $90.78M | -9.44% |
| 2013-09-30 | $100.24M | -4.15% |
| 2013-06-30 | $104.57M | 13.17% |
| 2013-03-31 | $92.40M | 6.54% |
| 2012-12-31 | $86.73M | -7.39% |
| 2012-09-30 | $93.65M | -3.55% |
| 2012-06-30 | $97.10M | 10.22% |
| 2012-03-31 | $88.10M | 12.37% |
| 2011-12-31 | $78.40M | -8.52% |
| 2011-09-30 | $85.70M | 1.54% |
| 2011-06-30 | $84.40M | 17.22% |
| 2011-03-31 | $72.00M | 32.60% |
| 2010-12-31 | $54.30M | 23.97% |
| 2010-09-30 | $43.80M | 44.55% |
| 2010-06-30 | $30.30M | -4.72% |
| 2010-03-31 | $31.80M | 14.39% |
| 2009-12-31 | $27.80M | -1.07% |
| 2009-09-30 | $28.10M | 5.64% |
| 2009-06-30 | $26.60M | 42.25% |
| 2009-03-31 | $18.70M | 73.07% |
| 2008-12-31 | $10.80M | 1402.78% |
| 2008-09-30 | $719.00K | 100.00% |
| 2008-06-30 | - | - |
Apple Hospitality REIT generated $390.08M in revenue during Q2 2024, up 18.38% compared to the previous quarter, and up 125.24% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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 | - | - |
| Hotel Other | - | - | $40.41M | $24.68M | - |
| Food And Beverage | - | - | $22.02M | $16.72M | - |
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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Occupancy | $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 | $307.29M |
| Food and Beverage | $17.86M | $15.06M | $27.89M | $13.58M | $15.51M | $13.66M | $839.00K | $11.31M | $15.03M | $14.08M | - | - | - | - | - | - | - | - | - | - |
| Hotel, Other | $18.53M | $15.70M | $28.03M | $17.56M | $15.08M | $12.31M | $3.41M | $8.72M | $9.73M | $10.35M | - | - | - | - | - | - | - | - | - | - |
| Food And Beverage | - | - | - | - | - | $12.95M | $11.87M | $12.02M | $8.46M | $7.83M | $6.32M | $5.09M | $2.78M | $2.33M | $2.23M | - | - | - | - | - |
| Hotel Other | - | - | - | - | - | $12.98M | $13.34M | $13.28M | $14.04M | $11.38M | $10.43M | $11.15M | $7.45M | $6.07M | $6.47M | - | - | - | - | - |
Apple Hospitality REIT's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Occupancy (90.67%), Hotel, Other (4.75%), and Food and Beverage (4.58%).
Apple Hospitality REIT Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HST | Host Hotels & Resorts | $5.31B | $1.47B |
| PK | Park Hotels & Resorts | $2.70B | $686.00M |
| RHP | Ryman Hospitality Properties | $2.16B | $613.29M |
| SVC | Service Properties Trust | $1.87B | $512.95M |
| PEB | Pebblebrook Hotel Trust | $1.42B | $397.11M |
| APLE | Apple Hospitality REIT | $1.34B | $390.08M |
| RLJ | RLJ Lodging Trust | $1.33B | $369.30M |
| DRH | DiamondRock Hospitality | $1.07B | $309.28M |
| SHO | Sunstone Hotel Investors | $986.48M | $217.17M |
| HT | Hersha 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 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). The company'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). APLE's quarterly revenue for Q4 2023 was $312.46M, a -12.79% decrease from the previous quarter (Q3 2023), and a 4.46% increase year-over-year (Q4 2022).
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.