Apple Hospitality REIT Inc
APLE
Company Profile
Business description
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
Contact
814 East Main Street
RichmondVA23219
USAT: +1 804 344-8121
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Hotel & Motel
Fiscal Year End
31 December 2025
Employees
63
Morningstar Investment Ideas
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