Apple Hospitality REIT, Inc.

Apple Hospitality owns and operates a collection of mid-range hotel properties across the United States. Their portfolio includes 216 hotels with about 29,500 guest rooms spread across 37 states and the District of Columbia, most of them branded under names like Hilton, Marriott, and Hyatt that most travelers recognize. The company is structured as a real estate investment trust, which is a type of company that owns real estate and typically distributes income to shareholders. By owning many hotels in different markets, the company spreads out its business risk rather than depending on just on…