Apple Hospitality traded at $16.64 this Wednesday June 24th, increasing $0.04 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, Apple Hospitality gained 12.36 percent. Over the last 12 months, its price rose by 43.94 percent. Looking ahead, we forecast Apple Hospitality to be priced at 16.25 by the end of this quarter and at 15.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Apple Hospitality REIT, Inc. 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. The Company owns and operates approximately 232 hotels with an aggregate of 29,753 rooms located in 35 states. Its hotels by brands include Hilton Garden Inn, Hampton, Courtyard, Residence Inn, Homewood Suites, SpringHill Suites, Fairfield, Home2 Suites, TownePlace Suites, Marriott, Embassy Suites, Hyatt Place, Independent, and Hyatt House. The Company's hotels are located in various states within the United States, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.