Claire Dawson
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality REIT is not under Apple, but it is a leading real estate investment company in its own right, with a history in the lodging industry dating back to 1999. The company has a commitment to minimizing its environmental impact and fostering a positive and inclusive work environment for its employees.
| Characteristics | Values |
|---|---|
| Name | Apple Hospitality REIT, Inc. |
| Stock Exchange | NYSE |
| Stock Symbol | APLE |
| Type | Publicly traded real estate investment trust (REIT) |
| Portfolio | One of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States |
| Number of Hotels | 220-221 |
| Number of Guest Rooms | Approximately 29,800-29,900 |
| Markets | 85 markets throughout 37 states and the District of Columbia |
| Brands | Marriott, Hilton, Hyatt, and independent hotels |
| Number of Marriott-branded hotels | 97 |
| Number of Hilton-branded hotels | 117-118 |
| Number of Hyatt-branded hotels | 5 |
| Number of Independent Hotels | 1 |
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What You'll Learn
- Apple Hospitality REIT Inc. is a publicly traded real estate investment trust
- It owns one of the largest and most diverse portfolios of upscale hotels in the US
- The company has 220-221 hotels with 29,800-29,900 rooms across 37 states
- Apple Hospitality REIT's portfolio includes 97 Marriott-branded hotels
- It also owns 117-118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel
Apple Hospitality REIT Inc. is a publicly traded real estate investment trust
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) with one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. The company's history in the lodging industry dates back to 1999, and it has since established a strong presence in the market through its strategic pillars. These pillars include owning hotels with broad consumer appeal, diversifying its portfolio across various U.S. markets and demand generators, and aligning with leading lodging brands and hospitality management teams.
Apple Hospitality REIT's portfolio consists of 220 to 221 hotels, with approximately 29,800 to 29,900 guest rooms. These hotels are located in 85 markets across 37 states and the District of Columbia. The company's commitment to minimizing its environmental impact and making a positive impact on the communities it serves is evident through its operations.
The portfolio of Apple Hospitality REIT includes well-known brands such as Marriott, Hilton, and Hyatt. Specifically, their portfolio consists of 97 Marriott-branded hotels, 117 to 118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel. This diverse range of industry-leading brands contributes to the company's success and attracts a wide range of consumers.
Apple Hospitality REIT, Inc. is committed to increasing shareholder value through strategic initiatives. These initiatives include distributing attractive dividends, focusing on long-term capital appreciation, and reinvesting in their hotels. The company's consistent performance and commitment to its strategic pillars have established it as a leading real estate investment company in the United States.
With a focus on broad consumer appeal, diversification, strong brand associations, and a positive impact on communities, Apple Hospitality REIT, Inc. has established itself as a prominent and publicly traded real estate investment trust in the hospitality industry.
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It owns one of the largest and most diverse portfolios of upscale hotels in the US
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale hotels in the United States. The company has a long history in the lodging industry, dating back to 1999 through its predecessor companies.
Apple Hospitality's portfolio is impressive, boasting approximately 29,800-29,900 guest rooms across 220-221 hotels in 37 states and the District of Columbia. Their hotels are located in 85 markets, showcasing their extensive reach and diverse consumer base.
The company's commitment to aligning with the best lodging brands is evident in its portfolio, which includes industry-leading names. Specifically, their portfolio consists of 97 Marriott-branded hotels, 117-118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.
Apple Hospitality REIT's strategic pillars have been key to their success. These include owning hotels with broad consumer appeal, diversifying their portfolio across various U.S. markets, consistently reinvesting in their properties, and fostering an inclusive work environment. The company also prioritizes minimizing its environmental impact and making a positive difference in the communities its hotels serve.
With its vast portfolio of upscale hotels and strategic approach to the market, Apple Hospitality REIT, Inc. stands as a prominent player in the U.S. lodging industry.
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The company has 220-221 hotels with 29,800-29,900 rooms across 37 states
Apple Hospitality REIT, Inc. (APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. The company has a long history in the lodging industry, dating back to 1999.
Apple Hospitality's portfolio includes 220-221 hotels with 29,800-29,900 guest rooms. These hotels are located in 85 markets across 37 states and the District of Columbia. The company's portfolio consists of well-known brands such as Marriott, Hilton, and Hyatt, with 97 Marriott-branded hotels, 117-118 Hilton-branded hotels, and five Hyatt-branded hotels. There is also one independent hotel.
The company's strategic pillars have been consistent throughout its history, focusing on owning hotels with broad consumer appeal and diversifying its portfolio across various U.S. markets and demand generators. They also aim to align with the best brands and management teams in the industry, consistently reinvest in their properties, and maximize value through disciplined capital allocation.
Apple Hospitality REIT is committed to minimizing its environmental impact and making a positive difference in the communities its hotels serve. The company fosters an inspiring, equitable, and inclusive work environment where employees feel valued and empowered to contribute to its success.
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Apple Hospitality REIT's portfolio includes 97 Marriott-branded hotels
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. The company's history in the lodging industry dates back to 1999, and it has since committed to minimising its environmental impact and making a positive impact on the communities its hotels serve.
Apple Hospitality's portfolio consists of 221 hotels with approximately 29,900 guest rooms located in 85 markets throughout 37 states and the District of Columbia. The portfolio includes 97 Marriott-branded hotels, 118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.
The Marriott-branded hotels are operated and managed under separate management agreements with leading hotel companies, including Marriott International. The hotels operate under various brands, including Courtyard, Residence Inn, SpringHill Suites, and TownePlace Suites, among others.
Apple Hospitality's strategic pillars have guided its success, including owning hotels with broad consumer appeal, diversifying its portfolio across U.S. markets, aligning with top lodging brands, consistently reinvesting in its properties, maximising value through disciplined capital allocation, maintaining financial flexibility, and fostering an inspiring and inclusive work environment.
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It also owns 117-118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. The company's portfolio consists of 221 hotels with approximately 29,900 guest rooms located in 85 markets throughout 37 states and the District of Columbia.
Apple Hospitality's portfolio is concentrated with industry-leading brands, including 97 Marriott-branded hotels, 117-118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel. The company has a history in the lodging industry that began in 1999 through its predecessor companies, including Apple Hospitality Two, Apple Hospitality Five, and Apple REIT Six, among others.
The Hilton-branded hotels owned by Apple Hospitality REIT are a significant part of its portfolio. By aligning with leading brands such as Hilton, Apple Hospitality REIT can offer its guests well-known and trusted hotel options. The Hilton brand is recognised for its upscale accommodations and diverse range of properties, from full-service resorts to focused-service hotels. Apple Hospitality REIT's Hilton-branded hotels are strategically located across the United States, catering to a wide range of travellers, including business professionals, families, and leisure seekers.
The five Hyatt-branded hotels owned by Apple Hospitality REIT contribute to the company's diverse portfolio. Hyatt is known for its luxury accommodations and unique hospitality experiences. By including Hyatt-branded properties, Apple Hospitality REIT can appeal to discerning travellers who seek sophisticated and memorable stays. Hyatt hotels are often found in desirable locations, enhancing their appeal to guests.
In addition to its branded hotels, Apple Hospitality REIT also owns one independent hotel. This property, while not affiliated with a specific brand, allows the company to showcase its expertise in hotel management and operations. The independent hotel may have its own unique identity, architecture, and amenities, setting it apart from branded properties. Apple Hospitality REIT's ownership of this independent hotel demonstrates its commitment to diversity within its portfolio and its ability to adapt to the varying demands of the hospitality industry.
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Frequently asked questions
No, Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. It is not a part of Apple Inc.
Apple Hospitality REIT has no direct relationship with Apple Inc. It is a separate company with its own history and operations in the hotel industry.
There is no indication that Apple Inc. has any ownership stake in Apple Hospitality REIT, Inc. Apple Hospitality REIT is a publicly traded company with its own shareholders and is not listed as having any affiliation with Apple Inc.
