Apple Hospitality REIT (NYSE:APLE) is a real estate investment trust that acquires, owns and operates premium-branded, select-service hotels throughout the United States. The company’s portfolio is anchored by industry-leading franchise relationships with major lodging brands, and it is designed to deliver stable cash flows by focusing on properties that cater to both business and leisure travelers. Apple Hospitality’s assets are typically newer or recently renovated properties that feature contemporary design, strong market positioning and high-performance operational platforms.
Since its initial public offering in 2007, Apple Hospitality REIT has pursued a disciplined acquisition strategy aimed at expanding its portfolio in high-demand markets. The company targets hotels in strategic regions—ranging from gateway business centers to popular leisure destinations—with an emphasis on the southeastern and southwestern United States. Its properties operate under well-recognized flags, including many national brands across the Marriott, Hilton, Hyatt and IHG families, enabling the company to leverage centralized sales, marketing and loyalty programs.
In managing its portfolio, Apple Hospitality REIT places a premium on proactive asset management and capital investment to drive occupancy and average daily rate growth. While the company itself holds fee simple ownership of its properties, it entrusts day-to-day hotel operations to experienced third-party management companies. This structure allows Apple Hospitality to benefit from professional hotel management expertise, consistent operating procedures and scalable technology platforms, all of which support its long-term income objectives.
Leadership at Apple Hospitality REIT is spearheaded by a seasoned executive team with deep experience in real estate and hospitality. The Board and senior management are committed to a disciplined financial and operational approach, emphasizing balance sheet strength and judicious capital deployment. Under their guidance, the company continues to pursue selective acquisitions, strategic renovations and franchised expansions that aim to enhance asset-level returns and deliver sustained value for shareholders.
