Apple Hospitality (NYSE:APLE) - Hoya Hotseat
Hoya Capital
Apple Hospitality (NYSE:APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest portfolios of limited-service hotels in the United States. Its portfolio consists of 223 hotels with over 30,000 guest rooms located in 86 markets in 37 states. APLE's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels, and five Hyatt-branded hotels.
Apple Hospitality CEO Justin Knight joins the Hoya Hotseat to discuss APLE's unique strategy focus, the factors behind its emergence into one of the largest hotel REITs since its 2015 public listing, and broader hospitality industry fundamentals.