Government Segment PerformanceAPLE's government segment, which accounts for 5-6% of its mix, has been a relative weak spot amid softening government demand.
Guidance And ExpectationsAPLE lowered 2025 RevPAR/EBITDA guidance by $6 million/50 basis points at the midpoint.
Lodging DemandLodging demand remains uneven and even as it stabilizes, APLE’s recent update was a bit worse than expected.