Apple Hospitality REIT, Inc.

Overview

Apple Hospitality REIT, Inc. is a U.S.-focused lodging REIT that owns upscale, rooms-oriented hotels. Its properties generate revenue primarily from guest-room rentals, alongside food-and-beverage and other hotel-related income; the portfolio is reported as one operating segment.[1]

As of June 30, 2026, the company owned 216 hotels with 29,459 guest rooms across 37 states and Washington, D.C. Its properties operate under brands affiliated with Marriott, Hilton and Hyatt. The company reports no foreign revenue-producing operations and no assets abroad.[2]+2 Total revenue was approximately $1.412 billion in fiscal 2025.[4] The reviewed company materials did not substantiate a separately stated corporate mission or employee headcount. [1]+3

Products & services

Apple Hospitality REIT’s principal customer-facing offering is hotel accommodation across Hilton-, Marriott-, and Hyatt-branded properties, alongside an independent boutique hotel. Its brand portfolio includes AC Hotels, Aloft, Courtyard, Fairfield, Marriott Hotels, Residence Inn, SpringHill Suites and TownePlace Suites; Embassy Suites, Hampton, Hilton Garden Inn, Home2 Suites, Homewood Suites and Motto; and Hyatt House and Hyatt Place.[3][5] As of June 30, 2026, the portfolio comprised 216 hotels and 29,459 guest rooms, including the 209-room independent New York hotel.[2][6]

Hotel services and revenue offerings include room stays, food and beverage—such as restaurant and lounge sales and group-event functions—and other items including parking, cancellation or attrition fees, and additional guest services.[7] In fiscal 2025, room revenue accounted for approximately 90.5% of total revenue, food and beverage for 4.7%, and other hotel revenue for 4.8%.[8] Company disclosures do not provide detailed technical room specifications or revenue shares by individual brand. [3]+6

Geographic presence

Apple Hospitality REIT’s portfolio is entirely U.S.-based: as of June 30, 2026, it owned 216 hotels with 29,459 rooms across 37 states and Washington, D.C. The states are Alabama, Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin. The company reported no foreign operations generating revenue and no assets in foreign countries.[2]+2

Texas had 25 hotels, California 24, and Florida 23—72 hotels combined, or one-third of the portfolio; these states represented about 32.4% of the company’s rooms. The filing does not provide revenue by state or region.[10] The principal executive office is in Richmond, Virginia.[11] [2]+4

Business segments

Apple Hospitality REIT reports one operating segment: its hotel operations. Although management evaluates individual hotels, it aggregates them because the properties have similar economic and operating characteristics; performance is assessed using Adjusted Hotel EBITDA. The segment covers the company’s U.S. hotels and their guest-room, food-and-beverage, and other property-related operations.[1]

Accordingly, the single segment represents 100% of the company’s reported hotel operations; the company does not disclose revenue contributions across multiple reportable segments. Its hotels span multiple brands and locations, but these are portfolio characteristics rather than separately reported segments. At June 30, 2026, the portfolio included 216 hotels and 29,459 rooms.[1]+2 [1]+2

Company history

Apple Hospitality REIT traces its lodging-industry roots to around 2000, when founder Glade M. Knight’s Apple REIT companies began operating; Justin G. Knight joined the companies that year. The present company was formed in November 2007 as Apple REIT Nine, Inc.[14]+3

On March 1, 2014, Apple REIT Seven and Apple REIT Eight merged into Apple REIT Nine, which took the name Apple Hospitality REIT, Inc.; the merger added 99 hotels and 12,121 rooms. Justin G. Knight became CEO that May, while Glade M. Knight became Executive Chairman. The company’s common shares began trading on the New York Stock Exchange as APLE on May 18, 2015. On September 1, 2016, it completed a merger with Apple REIT Ten, adding 56 hotels and 7,209 rooms; by year-end it reported 235 hotels and 30,073 rooms.[18]+5 [14]+8

Sources

• Apple Hospitality REIT, Inc. — Full financial report (2026 Q 2)
  8 citations

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• Apple Hospitality REIT, Inc. — Full financial report (2025 Y)
  5 citations

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• applehospitalityreit.com[5]
• Apple Hospitality REIT, Inc. — Full financial report (2015 Y)[14][18]
• applehospitalityreit.com[15]
• applehospitalityreit.com[16]
• www.sec.gov[17]
• Apple Hospitality REIT, Inc. — Full financial report (2016 Y)[19]
• ir.applehospitalityreit.com[21]
• ir.applehospitalityreit.com[22]