Apple Hospitality REIT Acquires Homewood Suites Tampa-Brandon

The latest update is out from Apple Hospitality REIT ( (APLE) ).

On June 11, 2025, Apple Hospitality REIT announced the acquisition of the 126-room Homewood Suites by Hilton Tampa-Brandon for $18.8 million. This strategic acquisition, located near their existing Embassy Suites, is expected to enhance market positioning and operational synergies, reflecting the company’s ability to deploy capital effectively and maximize shareholder returns.

The most recent analyst rating on (APLE) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Apple Hospitality REIT stock, see the APLE Stock Forecast page.

Spark’s Take on APLE Stock

According to Spark, TipRanks’ AI Analyst, APLE is a Outperform.

Apple Hospitality REIT’s overall stock score reflects solid financial performance and attractive valuation, which are key strengths. The strategic management actions and strong dividend yield further enhance its appeal. However, neutral technical indicators and mixed earnings outlook temper the score.

To see Spark’s full report on APLE stock, click here.

More about Apple Hospitality REIT

Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns a diverse portfolio of upscale, rooms-focused hotels across the United States. The company’s portfolio includes 221 hotels with approximately 29,900 guest rooms in 85 markets throughout 37 states and the District of Columbia, featuring brands such as Marriott, Hilton, and Hyatt.

Average Trading Volume: 3,034,826

Technical Sentiment Signal: Sell

Current Market Cap: $2.82B

Learn more about APLE stock on TipRanks’ Stock Analysis page.