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. (APLE) on November 18, 2021. The filing addresses Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits) regarding a recent corporate acquisition.
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 data.
Material Changes
On November 18, 2021, the Company completed the acquisition of three hotels:
- Hilton Garden Inn in Fort Worth, Texas
- Homewood Suites by Hilton in Fort Worth, Texas
- Hampton Inn & Suites by Hilton in Portland, Oregon
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 Company refers investors to the press release included as Exhibit 99.1 for further details.
Investor Verification Checklist
- Verify the purchase price and financing terms of the three acquired hotels in the attached press release (Exhibit 99.1).
- Confirm the impact of this acquisition on the Company's total portfolio count and geographic diversification.
- Review subsequent filings for any debt issuance or equity changes related to funding this acquisition.