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Apple Hospitality REIT, Inc. (APLE)

NYSE - NYSE Delayed price. Currency in USD
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14.55+0.27 (+1.89%)
At close: 04:01PM EDT
14.60 +0.05 (+0.34%)
After hours: 07:57PM EDT

Apple Hospitality REIT, Inc.

814 East Main Street
Richmond, VA 23219-3306
United States
804 344 8121
https://www.applehospitalityreit.com

Sector(s)Real Estate
IndustryREIT - Hotel & Motel
Full-time employees63

Key executives

NameTitlePayExercisedYear born
Mr. Glade M. KnightExecutive ChairmanN/AN/A1944
Mr. Justin G. KnightCEO & Director2.65MN/A1973
Ms. Elizabeth S. PerkinsSenior VP & CFO1.35MN/A1983
Ms. Karen Catherine GallagherSenior VP & COO1.27MN/A1978
Mr. Nelson G. KnightPresident of Real Estate & Investments1.37MN/A1982
Ms. Rachel S. LabrecqueSenior VP & Chief Accounting Officer965.91kN/A1979
Ms. Kristian M. Gathright CPAExecutive Director70kN/A1973
Ms. Kelly Campbell ClarkeVice President of Investor RelationsN/AN/AN/A
Mr. Matthew P. RashSenior VP, Chief Legal Officer & Secretary398.44kN/A1979
Ms. Jeanette A. ClarkeSenior VP & Chief Capital Investment OfficerN/AN/A1982
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Apple Hospitality REIT, Inc., formed in November 2007 as a Virginia corporation, together with its wholly-owned subsidiaries (the “Company”), is a self-advised real estate investment trust (“REIT”) that invests in income-producing real estate, primarily in the lodging sector, in the United States (“U.S.”). The Company's fiscal year end is December 31. The Company has no foreign operations or assets, and its operating structure includes only one reportable segment. Although the Company has interests in potential variable interest entities through its purchase commitments, it is not the primary beneficiary as the Company does not have any elements of power in the decision-making process of these entities; therefore, the Company does not consolidate the entities. As of March 31, 2024, the Company owned 224 hotels with an aggregate of 29,886 guest rooms located in 37 states and the District of Columbia (“D.C.”). The Company's common shares are listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “APLE.”

Corporate governance

Apple Hospitality REIT, Inc.’s ISS governance QualityScore as of 1 July 2024 is 2. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.