Apple Hospitality REIT Q2 operating metrics show RevPAR, MFFO gains
Apple Hospitality REIT reported Q2 RevPAR +5.3%, adjusted hotel EBITDA margin +120 bps, and MFFO +9% to $123.4M, while keeping modest leverage (net debt ~27% of cap).
Apple Hospitality REIT reported Q2 RevPAR +5.3%, adjusted hotel EBITDA margin +120 bps, and MFFO +9% to $123.4M, while keeping modest leverage (net debt ~27% of cap).