REIT owning upscale, select-service hotels operated under Marriott and Hilton brands across the US.
REIT owning upscale, select-service hotels operated under Marriott and Hilton brands across the US.
Takes in room revenue from the hotels it owns, not rent, then pays franchise fees to Marriott and Hilton and management fees to the companies that run them, so occupancy and room rates drive results. The select-service format has limited food and meeting space and so fewer staff than full-service hotels.
Moat: none (scale, brand). Owns hotels under strong third-party brands but has limited pricing power versus other REIT hotel owners.
Headquarters: Richmond, Virginia, US · Founded: 2007 · Employees: 64
Size Apple Hospitality REIT (APLE) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $4.46B, the 1272nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.88 on 6 Nov 2026.
Performance Over six months the shares gained 33.6%, against -2.3% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median -0.2%); the operating margin is 17.8% (peer median 42.5%).
Valuation It trades at 25.1× forward earnings against a peer median of 19.8× (7th most expensive of 18).
Short interest Short interest is 6.3% of the free float (15 Oct 2026).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.44B | $1.41B | $1.43B | $1.34B | $1.24B |
| Revenue growth | — | -1% | +7% | +9% | — |
| Gross profit | $296M | $283M | $319M | $301M | $273M |
| EBITDA | $452M | $443M | $467M | $436M | $413M |
| Net income | $175M | $175M | $214M | $177M | $145M |
| Free cash flow | $290M | $283M | $325M | $327M | $309M |
| Capital expenditure | $95.8M | $87.4M | $80.3M | $72.1M | $59.4M |
| Total debt | $1.61B | $1.66B | $1.59B | $1.49B | $1.49B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Apple Hospitality REIT APLE | $4.46B | +34% | +1% | 18% | 25.1× | n/a |
| Ryman Hospitality Properties RHP | $9.11B | +19% | +13% | 20% | 26.4× | n/a |
| Host Hotels & Resorts HST | $16.9B | +15% | +5% | 14% | 23.2× | n/a |
| RLJ Lodging Trust RLJ | $1.92B | +40% | +1% | 10% | 700.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | APLE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +16.4% | +3.6% | highest of 21 |
| 6-month return | +33.6% | -2.3% | highest of 21 |
| Distance from 52-week high | -0.5% | -15.2% | highest of 21 |
| Revenue growth (TTM) | +1.2% | -0.2% | 10th highest of 21 |
| Operating margin | 17.8% | 42.5% | 3rd lowest of 21 |
| Forward P/E | 25.1× | 19.8× | 7th most expensive of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Apple Hospitality REIT APLE | United States | $4.46B | +34% | +1% | 18% | 25.1× | n/a | n/a |
| Starwood Property Trust STWD | United States | $4.46B | -32% | +11% | 73% | 7.7× | n/a | n/a |
| Mapletree Logistics Trust M44U.SI | Singapore | $4.47B | -6% | -1% | 57% | 18.8× | n/a | n/a |
| Tanger SKT | United States | $4.45B | +6% | +11% | 30% | 34.0× | n/a | n/a |
| Dexus DXS.AX | Australia | $4.44B | 0% | -28% | 31% | 10.9× | n/a | n/a |
| RioCan Real Estate Investment Trust REI-UN.TO | Canada | $4.41B | -3% | -13% | 53% | 12.8× | n/a | n/a |
| Nippon Prologis REIT 3283.T | Japan | $4.37B | -8% | +9% | 44% | 23.2× | n/a | n/a |
| EPR Properties EPR | United States | $4.56B | +2% | +7% | 38% | 19.8× | n/a | n/a |
| Americold Realty Trust COLD | United States | $4.57B | +8% | 0% | 6% | n/a | n/a | n/a |
| Keppel DC REIT AJBU.SI | Singapore | $4.67B | -6% | +30% | 77% | 18.0× | n/a | n/a |
| General de Galerias Comerciales GGC.MC | Spain | $4.70B | 0% | +3% | 78% | n/a | n/a | n/a |
| Kilroy Realty KRC | United States | $4.21B | +3% | -4% | 23% | 96.4× | n/a | n/a |
| Cousins Properties CUZ | United States | $4.87B | +11% | +8% | 24% | 65.6× | n/a | n/a |
| Japan Metropolitan Fund Investment 8953.T | Japan | $4.87B | -8% | 0% | 41% | 18.9× | n/a | n/a |
| Mapletree Pan Asia Commercial Trust N2IU.SI | Singapore | $4.89B | -7% | -5% | 64% | 15.6× | n/a | n/a |
| Glp J-reit 3281.T | Japan | $4.00B | -2% | -6% | 45% | 22.5× | n/a | n/a |
| Japan Real Estate Investment 8952.T | Japan | $4.98B | -10% | -1% | 38% | 25.6× | n/a | n/a |
| Kite Realty Group Trust KRG | United States | $5.04B | -4% | -7% | 23% | 68.2× | n/a | n/a |
| Shaftesbury Capital SHC.L | United Kingdom | $3.91B | +16% | +9% | 53% | 30.1× | n/a | n/a |
| Mapletree Industrial Trust ME8U.SI | Singapore | $3.89B | -10% | -5% | 65% | 14.6× | n/a | n/a |
| SL Green Realty SLG | United States | $3.88B | +11% | +9% | 12% | n/a | n/a | n/a |