as 11-15-2024 4:00pm EST
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
Founded: | 2007 | Country: | United States |
Employees: | N/A | City: | RICHMOND |
Market Cap: | 3.6B | IPO Year: | 2015 |
Target Price: | $17.00 | AVG Volume (30 days): | 1.8M |
Analyst Decision: | Hold | Number of Analysts: | 3 |
Dividend Yield: | Dividend Payout Frequency: | Monthly | |
EPS: | 0.86 | EPS Growth: | 23.65 |
52 Week Low/High: | $13.60 - $17.90 | Next Earning Date: | 11-04-2024 |
Revenue: | $1,410,888,000 | Revenue Growth: | 6.04% |
Revenue Growth (this year): | N/A | Revenue Growth (next year): | 2.68% |
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