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Apple Hospitality REIT

APLE
NYSEReal Estate
$13.49
USD
+0.00(+0.04%)
At close: Apr 30, 16:09 UTC
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Open

$13.49

Prev. Close

$13.49

High

$13.50

Low

$13.48

Market Snapshot

Market Cap

$3.19B

P/E Ratio

18.2

EPS

0.89

Revenue

$1.43B

Employees

64

Why APLE moved

Apple Hospitality REIT's stock closed at $13.39, reflecting a strong 22.5% annual return amidst ongoing discussions regarding its market valuation.

About

Apple Hospitality REIT, Inc. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. The company is headquartered in Richmond, Virginia and currently employs 64 full-time employees. The company went IPO on 2015-05-18. The firm's portfolio consists of about 221 hotels with more than 29,893 guest rooms located in 85 markets throughout 37 states as well as one property leased to third parties. Its hotel portfolio consists of 97 Marriott-branded hotels, 118 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel. Its hotels operate under Marriott or Hilton brands. The hotels are operated and managed under separate management agreements with 16 hotel management companies, consisting of Hilton Garden Inn, Hampton, Courtyard, Residence Inn, Homewood Suites, SpringHill Suites, Fairfield, Home2 Suites, TownePlace Suites, AC Hotels, Hyatt Place, Aloft, and others. Its hotels are located in various states, including Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Michigan, and others.

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