GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (STU:48T) » Definitions » Equity Investments

Apple Hospitality REIT (STU:48T) Equity Investments


View and export this data going back to 2020. Start your Free Trial

What is Apple Hospitality REIT Equity Investments?

Equity Investments only applies to insurance companies.


Apple Hospitality REIT Business Description

Traded in Other Exchanges
Address
814 East Main Street, Richmond, VA, USA, 23219
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.