Apple Hospitality REIT Management
Management criteria checks 4/4
Apple Hospitality REIT's CEO is Justin Knight, appointed in May 2014, has a tenure of 10.67 years. total yearly compensation is $6.97M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth $28.11M. The average tenure of the management team and the board of directors is 6 years and 10 years respectively.
Key information
Justin Knight
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 9.1% |
| CEO tenure | 10.7yrs |
| CEO ownership | 0.8% |
| Management average tenure | 6yrs |
| Board average tenure | 10yrs |
Recent management updates
Recent updates
Apple Hospitality: 6% Yield For This Excellent Hotel REIT
Dec 10Apple Hospitality: My Top REIT For Income With Attractive Yield
Nov 06Apple Hospitality REIT: Navigating Near-Term Volatility With Long-Term Gains In Sight
Oct 31Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy
Aug 16Apple Hospitality: Its Recovery Has Removed Any Opportunity
Jun 21Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple
Feb 26A Case Study On Leverage In Cyclical Sectors: Apple Hospitality
Feb 06Apple Hospitality REIT: Harvesting A Steady Income Stream
Dec 12Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)
Nov 28Hotel Income: 6% Monthly Dividends With Apple Hospitality
Oct 17Apple Hospitality REIT: A Healthy Fruit
Aug 17Apple Hospitality: A Solid Buy In Hotel REITs
Jul 30Apple Hospitality: Strong Performance Ahead
Jul 10Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield
May 28Apple Hospitality Q4 2022 Earnings Preview
Feb 20Apple Hospitality REIT: Think Twice Before Taking A Bite
Feb 14Apple Hospitality declares $0.08 dividend
Jan 20Apple Hospitality declares $0.08 dividend, special dividend of $0.08
Dec 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$205m |
| Jun 30 2024 | n/a | n/a | US$207m |
| Mar 31 2024 | n/a | n/a | US$199m |
| Dec 31 2023 | US$7m | US$635k | US$177m |
| Sep 30 2023 | n/a | n/a | US$159m |
| Jun 30 2023 | n/a | n/a | US$160m |
| Mar 31 2023 | n/a | n/a | US$160m |
| Dec 31 2022 | US$7m | US$597k | US$145m |
| Sep 30 2022 | n/a | n/a | US$156m |
| Jun 30 2022 | n/a | n/a | US$128m |
| Mar 31 2022 | n/a | n/a | US$83m |
| Dec 31 2021 | US$6m | US$558k | US$19m |
| Sep 30 2021 | n/a | n/a | -US$46m |
| Jun 30 2021 | n/a | n/a | -US$118m |
| Mar 31 2021 | n/a | n/a | -US$217m |
| Dec 31 2020 | US$4m | US$494k | -US$173m |
| Sep 30 2020 | n/a | n/a | -US$97m |
| Jun 30 2020 | n/a | n/a | -US$9m |
| Mar 31 2020 | n/a | n/a | US$131m |
| Dec 31 2019 | US$5m | US$525k | US$172m |
| Sep 30 2019 | n/a | n/a | US$181m |
| Jun 30 2019 | n/a | n/a | US$197m |
| Mar 31 2019 | n/a | n/a | US$202m |
| Dec 31 2018 | US$3m | US$525k | US$206m |
Compensation vs Market: Justin's total compensation ($USD6.97M) is about average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Justin's compensation has been consistent with company performance over the past year.
CEO
Justin Knight (51 yo)
10.7yrs
Tenure
US$6,973,468
Compensation
Mr. Justin G. Knight has been a Director at Apple Hospitality REIT, Inc. since 2015. He served as the President of Apple REIT Ten, Inc., Apple Suites, Inc. and Apple Nine Hospitality Ownership, Inc. Mr. Kn...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 18yrs | no data | 4.48% $ 164.9m | |
| CEO & Director | 10.7yrs | US$6.97m | 0.76% $ 28.1m | |
| Senior VP & CFO | 4.8yrs | US$3.11m | 0.12% $ 4.4m | |
| Senior VP & COO | 4.8yrs | US$2.90m | 0.12% $ 4.5m | |
| President of Real Estate & Investments | 10.7yrs | US$3.14m | 0.38% $ 14.0m | |
| Senior VP & Chief Accounting Officer | 6yrs | US$2.04m | 0.083% $ 3.1m | |
| Executive Director | 4.8yrs | US$185.00k | 0.41% $ 15.2m | |
| Vice President of Investor Relations | 14.6yrs | no data | no data | |
| Senior VP | 5.8yrs | US$1.37m | 0.085% $ 3.1m | |
| Senior VP & Chief Capital Investment Officer | 5.8yrs | no data | 0.065% $ 2.4m | |
| Senior Advisor | no data | US$104.80k | no data |
6.0yrs
Average Tenure
45.5yo
Average Age
Experienced Management: APLE's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 18yrs | no data | 4.48% $ 164.9m | |
| CEO & Director | 10yrs | US$6.97m | 0.76% $ 28.1m | |
| Executive Director | 5.8yrs | US$185.00k | 0.41% $ 15.2m | |
| Independent Director | 10.8yrs | US$200.00k | 0.029% $ 1.1m | |
| Independent Director | 6.9yrs | US$200.00k | 0.025% $ 907.5k | |
| Lead Independent Director | 10yrs | US$235.34k | 0.022% $ 813.2k | |
| Independent Director | 1.8yrs | US$144.59k | 0.0055% $ 202.2k | |
| Independent Director | 10yrs | US$238.43k | 0.053% $ 1.9m | |
| Independent Director | 3.8yrs | US$203.45k | 0.0085% $ 311.6k |
10.0yrs
Average Tenure
66yo
Average Age
Experienced Board: APLE's board of directors are seasoned and experienced ( 10 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:10 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Apple Hospitality REIT, Inc. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bellisario | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |