Apple Hospitality REIT, Inc.

Hotel REIT owning upscale, rooms-focused hotels across the US

What Apple Hospitality REIT does

Apple Hospitality REIT owns about 216 hotels with roughly 29,500 guest rooms across 37 US states and Washington, D.C. Its hotels are 'rooms-focused', meaning they mostly sell overnight stays and have few extras like big restaurants or conference halls. Nearly all of them carry well-known Hilton, Marriott or Hyatt brands.

How Apple Hospitality REIT makes money

It earns revenue mainly from renting hotel rooms to travelers at its owned properties, which run under franchise brands from Hilton, Marriott and Hyatt. As a REIT, it distributes most of its taxable income to shareholders as dividends.

Products & services

• Hilton-branded hotels (114)
• Marriott-branded hotels (96)
• Hyatt-branded hotels (5)
• Upscale rooms-focused hotel portfolio
• Independent hotel (1)