Name | Value |
---|---|
Revenues | 311.5M |
Cost of Revenue | 204.8M |
Gross Profit | 106.6M |
Operating Expense | 57.4M |
Operating I/L | 49.2M |
Other Income/Expense | -16.0M |
Interest Income | 16.0M |
Pretax | 33.2M |
Income Tax Expense | 0.3M |
Net Income/Loss | 32.9M |
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) with a diverse portfolio of 235 upscale, rooms-focused hotels across 34 states in the United States. The company generates revenue by owning and operating these hotels, which collectively offer more than 30,000 guest rooms. Apple Hospitality's portfolio is concentrated with industry-leading brands, including 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels, and two independent hotels.