From Yahoo Finance: 2025-06-17 12:33:00

Apple Hospitality REIT, Inc. (APLE) acquired the 126-room Homewood Suites by Hilton Tampa-Brandon for $18.8 million, below replacement cost, at a rate of $149,000 per key and a 12% cap rate. Located in the Tampa East submarket, with a 15% YoY RevPar growth through April 2025. APLE is part of the 7 52-Week Low Dividend Stocks to Consider.

Apple Hospitality REIT, Inc. (NYSE:APLE) manages a portfolio of 221 hotels in 37 U.S. states and D.C., totaling 29,900 rooms, with a market cap of $2.77 billion and a share price of $11.64. However, BMO Capital Markets downgraded the stock from ‘Outperform’ to ‘Market Perform’ with a PT of $12 due to lodging demand instability.

Despite the downgrade, Apple Hospitality REIT, Inc. (APLE) remains well-positioned with plans to acquire a Motto by Hilton in Nashville and sell its Houston Marriott. While APLE offers investment potential, certain AI stocks may provide greater upside with less downside risk. Check our report on the best short-term AI stock.

For more investment opportunities, explore 10 Undervalued Quantum Computing Stocks to Buy Now and 10 Low Risk High Reward Stocks Set to Triple by 2030. No disclosure provided.

Read more: Apple Hospitality REIT, Inc. (APLE) Acquires Homewood Suites by Hilton Tampa; BMO Trims PT