Apple Hospitality REIT, Inc. (48T)
Summary
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Apple Hospitality REIT, Inc. Profile
| Hotel & Resort REITs Industry | Real Estate Sector | Justin G. Knight CEO | XDUS Exchange | US03784Y2000 ISIN |
| US Country | 65 Employees | 30 Jun 2026 Last Dividend | 18 May 2015 Last Split | 18 May 2015 IPO Date |
Overview
Apple Hospitality REIT, Inc. (NYSE: APLE) operates as a reputable publicly traded real estate investment trust (REIT), distinguishing itself through its vast and varied collection of upscale, rooms-focused hotels across the United States. The company prides itself on owning an impressive portfolio that includes 223 hotels, encompassing over 29,400 guest rooms situated in 87 different markets within 37 states, and it also includes one property under a lease to third parties. Apple Hospitality stands out in the REIT sector by focusing on industry-leading brands, demonstrating a strategic preference for hotel properties that are associated with recognized names in the hospitality industry.
Products and Services
The core of Apple Hospitality REIT's offerings lies in its diverse portfolio of hotel properties, which are segmented across three major brands: Marriott, Hilton, and Hyatt. This strategic assortment facilitates a broad appeal to various customer segments seeking upscale lodging experiences in the United States.
- Marriott-branded Hotels: Apple Hospitality's portfolio boasts 99 Marriott-branded hotels, which are renowned for their quality, reliability, and customer service. These properties cater to customers looking for upscale accommodations that promise consistent comfort and amenities synonymous with the Marriott brand.
- Hilton-branded Hotels: Comprising 119 hotels, this segment represents the largest portion of Apple Hospitality's portfolio. Hilton hotels are known for their excellence in hospitality and service, drawing travelers who desire recognized quality and exceptional experiences. The broad presence of Hilton-branded hotels in Apple Hospitality's portfolio speaks to the company's investment in properties that meet high standards of guest satisfaction.
- Hyatt-branded Hotels: Although smaller in number with only five properties, the Hyatt-branded hotels in Apple Hospitality's portfolio are significant. These properties align with the company's focus on upscale, rooms-focused hotels and cater to guests who prioritize innovation, style, and premium services in their lodging choices.
