APLE

Apple Hospitality REIT, Inc. is one of the largest publicly traded real estate investment trusts focused on upscale, select-service hotels in the United States. The company owns a portfolio of over 200 hotels operating under recognized brands including Marriott (Courtyard, Residence Inn, Fairfield), Hilton (Hilton Garden Inn, Hampton, Home2 Suites, Homewood Suites), and Hyatt (Hyatt Place, Hyatt House). Apple Hospitality's hotels cater primarily to business and leisure travelers seeking quality accommodations at moderate price points. Select-service hotels feature limited food and beverage operations, resulting in higher profit margins compared to full-service hotels. The company operates across urban, suburban, and resort destinations in high-barrier-to-entry markets. Founded in 1999 and headquartered in Richmond, Virginia, Apple Hospitality focuses on well-maintained properties in strong demand generators near corporate headquarters, convention centers, and tourist attractions. The company generates revenue from room rentals and ancillary services while returning income to shareholders through regular dividends.