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Company profile for Apple Hospitality REIT, Inc.
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’s portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company’s portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.
Apple Hospitality REIT, Inc. is an industry leader and one of the most respected hospitality real estate investment trusts (REITs) in the United States. The company was formed in 2013, and is publicly traded on the New York Stock Exchange under the ticker symbol APLE. Apple Hospitality’s mission is to acquire, own and operate a portfolio of high-quality, upscale full- and select-service hotels that serve their guests, customers and communities well.
Since its formation, the company has grown to become one of the leading REITs in the hospitality industry. As of December 31, 2020, Apple Hospitality owned a total of 235 hotels, with more than 30,000 rooms and 697,000 square feet of meeting and event space, located in 87 markets throughout 34 states. The company’s portfolio is comprised of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.
The company was ranked #3 in the 2020 Hotel Chain survey by Hotel Management and was awarded the 2017 National Leadership in Energy and Environmental Design (LEED) Award by the U.S. Green Building Council. This award recognizes Apple Hospitality’s commitment to sustainability and their efforts to reduce carbon footprint and build a more sustainable business.
Apple Hospitality’s commitment to the industry extends to their partnerships with leading hotel brands, as well as their commitment to their employees, customers and communities. The company’s leadership team includes seasoned executives with a wealth of experience in the hospitality industry and various related industries. Apple Hospitality’s team works to provide exceptional customer service, maximize returns for investors, and maintain the highest standards of safety, quality and sustainability.