Apple Hospitality REIT, Inc.
Real EstateVirginia, United States51-200 Employees
Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust focused on owning upscale, rooms-centric hotels across the United States. Its portfolio comprises 216 hotels with about 29,500 guest rooms, spanning 83 markets in 37 states and the District of Columbia. The company is based in Richmond, Virginia, and was formed in 2007 with a history in the lodging industry extending about 25 years through its predecessor entities. Apple Hospitality emphasizes reinvestment in its properties, disciplined capital allocation, and maintaining financial flexibility with relatively low levels of debt. It partners with well-known lodging brands and management teams to operate its hotels and adheres to core values of Hospitality, Resolve, Excellence, Integrity, and Teamwork. In recent years, the company has expanded its portfolio through acquisitions of branded hotels in multiple markets, reflecting ongoing growth in its upscale lodging portfolio.
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