Apple Hospitality REIT, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Apple Hospitality REIT, Inc. on September 13, 2017. The filing addresses a specific corporate event rather than a standard financial reporting period.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a transactional event rather than periodic financial performance.
Material Changes
On September 13, 2017, the Company completed the acquisition of two hotel properties located in Birmingham, Alabama:
- Hilton Garden Inn
- Home2 Suites by Hilton
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future outlook, or specific risk factors related to this transaction. The report serves solely to disclose the completion of the acquisition as required under Item 8.01 (Other Events).
Key Facts for Investor Verification
- Verify the purchase price and financing terms of the Birmingham, Alabama acquisition in the referenced press release (Exhibit 99.1).
- Confirm the impact of this acquisition on the Company's total portfolio count and geographic concentration.
- Review subsequent quarterly reports for the integration of these assets into the Company's financial statements.