Outlook points to accelerating 2026 RevPAR growth, up 8.7% in June, 9.7% in July, 7.7% in August on a pro forma basis.
The March acquisition of six hotels for $92 million at a 10% cap rate is expected to add about $0.10 to annual run-rate FFO per share.
Recovery at five Silicon Valley and Bellevue Residence Inns could add $6 million to $11 million to LTM EBITDA, lifting FFO by $0.11 to $0.22 per share.
The Home2 Portland development is targeted to open in Q2 2028 and is expected to be immediately FFO accretive with double-digit unlevered returns.
Share repurchases are also framed as accretive, with $10 million at the current price expected to lift FFO per share by about 1%.
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