Company description

Apple Hospitality REIT, Inc. (ticker symbol: APLE) is a publicly traded real estate investment trust that specializes in hospitality properties. The company was founded in 2007 and is headquartered in Richmond, Virginia. As of 2021, Apple Hospitality owns 228 hotels in 34 states, making it one of the largest hotel REITs in the United States. The company's portfolio consists of popular hotel brands such as Marriott, Hilton, and Hyatt, catering to a diverse range of customers from business travelers to leisure tourists. Apple Hospitality prides itself on its conservative investment strategy, strong balance sheet, and management's proven track record, which have contributed to its consistent growth and performance. The company is committed to providing exceptional guest experiences and generating value for its investors through its diversified portfolio and strategic acquisitions. Apple Hospitality has also been recognized for its efforts in sustainability, being named one of the "100 Most Sustainable Companies in the United States" by Barron's in 2020. With a strong commitment to its guests, employees, and shareholders, Apple Hospitality continues to be a leader in the hospitality industry.