Apple REIT Results
Apple Hospitality REIT Full Year 2016 Net Income Increases 23.3 Percent
Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2016
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Topic - Apple REIT
Hotel Transaction Texas
Courtyard by Marriott Fort Worth Historic Stockyards Hotel Sold for $18 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) today announced that it has closed on the previously announced acquisition of a 124-room Courtyard by Marriott® in Fort Worth, TX for a purchase price of $18 million, or approximately $145,000 per key.
Apple REIT Results
Apple Hospitality REIT, Inc. Reports Results of Operations for Second Quarter 2016
Comparable Hotels RevPAR growth of 5.1 percent, Adjusted EBITDA growth of 11.6 percent
Hotel Transaction Atlanta
Home2 Suites by Hilton in Atlanta, GA Sold for $24.6 Million
Apple Hospitality REIT, Inc. (NYSE:APLE) today announced that it has closed on the previously announced acquisition of a 128-room Home2 Suites by Hilton in Atlanta, GA for a purchase price of $24.6 million, or approximately $192,000 per key.
Apple REIT Results
Apple Hospitality REIT, Inc. Reports Results of Operations for First Quarter 2016
First Quarter Comparable Hotels RevPAR increased 4.0%; First Quarter Adjusted EBITDA increased 10.6%;
Apple REIT Merger
Apple Hospitality REIT, Inc. and Apple REIT Ten, Inc. Merger Creates 234 Hotel Portfolio
Combined Enterprise Value of Approximately $5.7 Billion - Transaction Maintains Apple Hospitality’s Consistent Low Leverage Strategy - Transaction Expected to be Accretive in First Year, After Closing
Apple REIT Results
Apple Hospitality REIT, Inc. Reports Results of Operations for Fourth Quarter and Full Year 2015
Full Year Comparable Hotels RevPAR increased 6.5%; Full Year Adjusted EBITDA increased 13.7%
Hotel Transaction New York State
Apple Hospitality REIT, Inc. Acquires Courtyard by Marriott and Residence Inn by Marriott in Syracuse, NY
Apple Hospitality REIT, Inc. (NYSE:APLE) yesterday announced that it has closed on the previously announced acquisitions of the 102-room Courtyard by Marriott Syracuse Downtown at Armory Square and the 78-room Residence Inn by Marriott Syracuse Downtown at Armory Square for a combined purchase price of $42 million.
Hotel Transaction California
Courtyard by Marriott in San Diego, CA Sold for $56 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has closed on the previously announced acquisition of a 245-room Courtyard by Marriott in San Diego, CA for a purchase price of $56 million, or approximately $229,000 per key.
Hotel Transaction California
Courtyard by Marriott in Burbank Sold for $54 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has closed on the previously announced acquisition of a 190-room Courtyard by Marriott® in Burbank, CA for a purchase price of $54 million, or approximately $284,000 per key.