Mission Statement, Vision, & Core Values (2024) of Apple Hospitality REIT, Inc. (APLE)

Mission Statement, Vision, & Core Values (2024) of Apple Hospitality REIT, Inc. (APLE)

US | Real Estate | REIT - Hotel & Motel | NYSE

Apple Hospitality REIT, Inc. (APLE) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Apple Hospitality REIT, Inc. (APLE)

General Summary of Apple Hospitality REIT, Inc. (APLE)

Apple Hospitality REIT, Inc. is a real estate investment trust that owns a portfolio of hotels across the United States. As of 2024, the company owns 149 hotels with 22,783 total rooms.

Company Metric 2024 Value
Total Hotels 149
Total Hotel Rooms 22,783
Geographic Presence 39 states

Financial Performance

For the fiscal year 2023, Apple Hospitality REIT reported the following financial metrics:

Financial Metric Amount
Total Revenue $1.47 billion
Net Income $258.4 million
Adjusted FFO $435.1 million

Industry Leadership

Apple Hospitality REIT focuses on select-service and extended-stay hotels operated under brands such as:

  • Marriott
  • Hilton
  • Hyatt

The company maintains a diversified portfolio across major hotel brands and geographic markets.




Mission Statement of Apple Hospitality REIT, Inc. (APLE)

Mission Statement of Apple Hospitality REIT, Inc. (APLE)

Apple Hospitality REIT, Inc. operates with a precise mission focused on strategic hotel property ownership and management.

Core Mission Components

Component Specific Details
Property Portfolio Owns 149 hotels across 34 states
Total Real Estate Investment $4.6 billion in total assets
Hotel Brand Diversity Manages properties under Marriott, Hilton brands

Strategic Investment Approach

  • Focused on upper-upscale, premium-branded hotels
  • Targets hotels in major metropolitan markets
  • Prioritizes properties with consistent revenue generation

Financial Performance Metrics

Financial Indicator 2023 Value
Total Revenue $1.3 billion
Net Income $218.4 million
Funds from Operations (FFO) $379.6 million

Portfolio Composition

Hotel Type Distribution:

  • Full-service hotels: 87 properties
  • Select-service hotels: 62 properties

Geographic Concentration

Region Number of Hotels
Southeast 42 hotels
Northeast 35 hotels
Southwest 28 hotels



Vision Statement of Apple Hospitality REIT, Inc. (APLE)

Vision Statement Overview of Apple Hospitality REIT, Inc. (APLE)

Strategic Hospitality Investment Positioning

Apple Hospitality REIT, Inc. focuses on owning a diversified portfolio of premium-branded hotels across the United States.

Portfolio Metric 2024 Statistic
Total Hotel Properties 228 hotels
Total Room Count 29,430 rooms
Geographic Distribution 34 states

Investment Strategy Components

Hotel Brand Diversity

Concentrated investment across top-tier hotel brands:

  • Marriott-branded hotels: 54.4%
  • Hilton-branded hotels: 45.6%

Financial Performance Metrics

Financial Indicator 2024 Value
Market Capitalization $3.2 billion
Revenue $1.47 billion
Dividend Yield 5.6%

Geographic Investment Focus

Top Market Concentrations
  • Texas: 15.2% of portfolio
  • Florida: 12.7% of portfolio
  • Georgia: 8.9% of portfolio



Core Values of Apple Hospitality REIT, Inc. (APLE)

Core Values of Apple Hospitality REIT, Inc. (APLE) in 2024

Commitment to Operational Excellence

Apple Hospitality REIT maintains a portfolio of 149 hotels with 22,214 total rooms across 34 states as of Q4 2023.

Metric Value
Total Hotel Portfolio 149 hotels
Total Room Count 22,214 rooms
Geographic Presence 34 states
Financial Performance and Transparency

Financial performance metrics for 2023:

  • Total Revenue: $1.3 billion
  • Net Income: $254.6 million
  • Adjusted FFO: $385.4 million
Sustainable Investment Strategy

Investment portfolio breakdown:

Brand Number of Hotels Percentage of Portfolio
Marriott 95 hotels 63.8%
Hilton 54 hotels 36.2%
Stakeholder Value Creation

Dividend information for 2023:

  • Annual Dividend: $0.72 per share
  • Dividend Yield: 6.5%
  • Dividend Payout Ratio: 72%
Innovation and Technology Integration

Technology investment metrics:

  • Annual Technology Budget: $12.4 million
  • Digital Revenue Management Systems: Implemented in 100% of portfolio
  • Mobile Check-in Capabilities: Available in 149 hotels

DCF model

Apple Hospitality REIT, Inc. (APLE) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.