Apple Hospitality REIT (Apple Hospitality REIT) Management Fees (USD Mil) : 0.00 (As of Dec. 2023)

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What is Apple Hospitality REIT Management Fees (USD Mil)?

Management Fees (USD Mil) of hospitality usually include the salary of managers. A lower management fee is better.

The historical rank and industry rank for Apple Hospitality REIT's Management Fees (USD Mil) or its related term are showing as below:

APLE's Management Fees (USD Mil) is not ranked ^*
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Management Fees (USD Mil) only.

Apple Hospitality REIT Management Fees (USD Mil) Historical Data

The historical data trend for Apple Hospitality REIT's Management Fees (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Apple Hospitality REIT Management Fees (USD Mil) Chart

Apple Hospitality REIT Annual Data

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Apple Hospitality REITQuarterly Data

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Competitive Comparison of Apple Hospitality REIT's Management Fees (USD Mil)

For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT's Management Fees (USD Mil), along with its competitors' market caps and Management Fees (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple Hospitality REIT (NYSE:APLE) Management Fees (USD Mil) Explanation

Management Fees (USD Mil) are one of the major costs for hospitality businesses.

Base management fees should be set so that they compensate managers for their cost of doing business, including overhead and base salaries. This is compensation for showing up to work and thus, should not be a source of profit for management companies as it generally is now. Usually, base management fees are approximately 1.0% to 2.0% of total revenue for most hotels, depending on size, or a duly considered flat fee.

Since it is a cost, a lower management fee is better. However, we also need to measure its effectiveness. Management’s effectiveness is evidenced by two primary results: the ability to generate an appropriate share of top line revenue within the relevant competitive market (in other words, to produce the highest possible level of Revenue per Available Room (USD)); and to convert that revenue into as much sustainable cash flow available to the owner (net operating income, or NOI) as possible.

Apple Hospitality REIT Management Fees (USD Mil) Related Terms

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Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Management Fees (USD Mil)

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48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

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.

Executives

Elizabeth Perkins	officer: SVP & Chief Financial Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight	director, officer: CEO	10 S THIRD ST, RICHMOND VA 23219
Nelson Knight	officer: President Real Estate & Invest	814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley	director	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim	director	DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright	director	10 S THIRD ST, RICHMOND VA 23219
Glade M Knight	director, officer: Executive Chairman	306 E MAINS T, RICHMOND VA 23219
Matthew Rash	officer: SVP & Chief Legal Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque	officer: SVP & Chief Accounting Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke	officer: SVP Chief Cap. Invest. Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher	officer: SVP & Chief Operating Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219