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Hospitality | Tourism 2025: JUSTIN KNIGHT
CEO, APPLE HOSPITALITY REIT, RICHMOND
Virginia Business //September 1, 2025//
Hospitality | Tourism 2025: JUSTIN KNIGHT
CEO, APPLE HOSPITALITY REIT, RICHMOND
Virginia Business //September 1, 2025//
As CEO of Apple Hospitality, a publicly traded real estate investment trust, Knight oversees more than 220 hotels, mainly Hilton and Marriott brands, across 37 states and Washington, D.C. He joined the company in 2000 and took over from his father, founder Glade Knight, in 2014. The elder Knight serves as the REIT’s executive chairman.
For 2024, Apple Hospitality reported $1.43 billion in revenue, up from about $1.34 billion in 2023. As of Dec. 31, 2024, the company had more than $4.96 billion in assets.
In June, Apple Hospitality announced it had acquired the Homewood Suites by Hilton Tampa-Brandon in Florida for
$18.8 million. The company has under contract a Motto by Hilton being developed in Nashville, Tennessee — an expected $98.2 million purchase anticipated to close in late 2025, after construction ends.
Earlier this year, Apple sold two hotels for a combined $21 million. It expects the $16 million sale of the Houston Marriott Energy Corridor to close in the third quarter.
Knight earned his bachelor’s degree and MBA from Brigham Young University. He is a member of the board of trustees for
Venture Richmond.
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