The offering for Apple REIT Ten, Inc. began in January of 2011 and closed in July of 2014 which raised more than $1 billion in funds. As of June 30, 2015, our portfolio of lodging real estate included 54 Marriott®- and Hilton®-branded hotels, with 6,898 guestrooms, diversified across markets in 17 states. Our commitment to generating attractive returns for our shareholders has guided our strategic business decisions. Thank you for taking the time to learn more about our Company.
Apple REIT Ten, Inc. is a public, non-listed real estate investment trust (REIT) focused on the acquisition and ownership of income-producing real estate that generates attractive returns for our shareholders. Our hotels operate under the Courtyard by Marriott®, Fairfield Inn & Suites by Marriott®, Marriott® Hotels, Residence Inn by Marriott®, SpringHill Suites by Marriott®, TownePlace Suites by Marriott®, Hampton Inn by Hilton®, Hilton Garden Inn®, Home2 Suites by Hilton® and Homewood Suites by Hilton® brands. As of June 30, 2015, our portfolio consisted of 54 hotels, containing a total of 6,898 guestrooms diversified among markets in 17 states.
The Company was formed by Glade M. Knight, Chief Executive Officer and Chairman of the Board. Mr. Knight has been involved with the management of and investment in real estate ventures for more than 40 years. He also serves as the Executive Chairman of Apple Hospitality REIT, Inc.
Apple REIT Ten has invested in some of the nation’s leading upscale extended-stay, select-service and full-service hotel brands: