Apple Hospitality REIT, Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Justin G. Knight
- Full Time Employees
- 64
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 814 East Main Street Richmond VA United States of America 23219
- IPO Date
- May 18, 2015
- CIK
- 0001418121
- Website
- applehospitalityreit.com
- Similar Companies
- Business
- Apple Hospitality REIT, Inc. (NYSE: APLE) is a self-advised real estate investment trust (REIT) that owns a diversified portfolio of upscale, well-located, select-service and extended-stay hotels across various U.S. markets. The company primarily invests in properties operated under leading brands, including Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, TownePlace Suites by Marriott, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Hampton by Hilton, Tru by Hilton, and Fairfield by Marriott; it focuses on generating stable dividend income through full-service and limited-service hotel ownership, with services encompassing property acquisition, asset management, capital allocation, and renovation initiatives to optimize occupancy and revenue per available room. Headquartered in Richmond, Virginia, and founded in 2007, Apple Hospitality REIT operates exclusively within the United States, targeting leisure, business, and group travelers through its approximately 200 owned hotels concentrated in high-barrier-to-entry markets such as suburban, urban, and destination locations. In recent developments, the company completed strategic hotel acquisitions and dispositions in 2024 and 2025 to refine its portfolio toward higher-quality assets; it also announced a dividend increase in early 2025 amid resilient lodging demand, alongside ongoing renovations at select properties to enhance operational efficiency and guest experience.
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