Apple Hospitality REIT (Real Estate Investment Trust) APLE
This investment portfolio encompasses 235 hotel in 33 states in the US. The focus is on Hilton and Marriott branded hotels, and hotels that operate under these brands. These are upscale locations that represent US destination markets for business and personal travel. These locations are typically near amenities that are of interest to travelers.
The investment strategy is to focus on upscale rooms and geographic diversification. They stay within the best brands and strategically reinvest in assets that maintain a strong, flexible balance sheet. Risk is leveraged by the geographic locations of assets.
Auditing is done independently for compensation and corporate governance. The Apple Hospitality REIT has representation on the boards of seven Marriott and Hilton brand hotels. Higher operating margins provide stability in the cash flow stream.
Debt to capitalization ratios run 23% and variable management fees are based on performance shown on balanced scorecards.
In September 2016, the corporation began repurchasing its common shares. Hotel REITs, in general, showed losses for 2015 and 2016. There have been several allegations, over the years, that the company has overstated the value of its shares, and caused investors to lose money. Need assistance? Contact our investment loss attorney today.