APLE - Apple Hospitality REIT - Stock & Dividends

Apple Hospitality REIT Inc, a Virginia-based corporation formed in 2007, operates as a self-advised real estate investment trust (REIT) focused on investing in income-generating properties, primarily in the US lodging sector.

The company's portfolio consists of 224 hotels, featuring a total of 29,886 guest rooms, spread across 37 states and the District of Columbia as of March 31, 2024. This diversified portfolio enables Apple Hospitality REIT to capitalize on the growing demand for hospitality services across the country.

As a REIT, the company's primary objective is to generate rental income from its properties, which are strategically located to cater to various demographics and markets. With a single reportable segment, Apple Hospitality REIT's operating structure is streamlined, allowing for efficient management and decision-making.

The company's shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol 'APLE', providing investors with a transparent and accessible way to participate in the company's growth. For more information, visit their website at https://www.applehospitalityreit.com.

With a fiscal year ending on December 31, Apple Hospitality REIT is committed to delivering long-term value to its shareholders through strategic investments, operational efficiency, and a focus on the US lodging market.