Apple Hospitality REIT, Inc.

Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns and operates upscale, rooms-focused hotels across the United States. The company's portfolio consists of 217 hotels containing approximately 29,600 guest rooms, distributed across 84 markets in 37 states and the District of Columbia. Revenue is generated through hotel operations, including room rentals and ancillary services at properties owned by the REIT.

The portfolio is concentrated among three major hotel brands: 115 Hilton-branded properties, 96 Marriott-branded properties, five Hyatt-branded properties, and one independent hotel. This brand diversification across industry-established operators allows the REIT to access multiple brand loyalty programs and customer segments while maintaining standardized operational standards across properties.

The company maintains a lean corporate structure with 64 full-time employees at its Richmond, Virginia headquarters. The REIT generates income from hotel operations and distributes earnings to shareholders through regular dividends, with operations managed across a geographically dispersed portfolio spanning the continental United States.