Apple Hospitality REIT, Inc.
For the period ended Nov 5, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 5, 2026 · Filed Nov 5, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Contracts for Potential Dispositions
Contracts for Potential Dispositions
The Company has five hotels under contract for sale for a combined gross sales price of $71.8 million. The hotels currently under contract for sale include:
In August 2026, the Company entered into contracts for the sale of its 66-room Fairfield Inn by Marriott Santa Clarita Valencia, its 128-room Hampton Inn by Hilton Los Angeles/Santa Clarita and its 90-room Residence Inn by Marriott Santa Clarita Valencia for a combined gross sales price of $42.0 million. The Company expects to complete the sale of these hotels in the fourth quarter 2026.
In September 2026, the Company entered into a contract for the sale of its 103-room Hampton Inn & Suites by Hilton Davenport, for a gross sales price of $8.3 million. The Company expects to complete the sale of this hotel in the fourth quarter 2026.
In October 2026, the Company entered into a contract for the sale of its 153-room Hilton Garden Inn Sacramento/South Natomas, for a gross sales price of $21.5 million. The Company expects to complete the sale of this hotel in the fourth quarter 2026.
In connection with these sale contracts, in the third quarter 2026, the Company recognized an impairment loss of approximately $4.3 million with respect to one of the hotels under contract for sale. There are conditions to closing on the sales of these hotels that have not yet been satisfied, and there can be no assurance that closings on the sales of these hotels will occur under the outstanding sale agreements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.