Apple Hospitality REIT (APLE) Misses Q4 FFO by 1c
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Apple Hospitality REIT, Inc. Reports Results of Operations for Fourth Quarter and Full Year 2015
February 25, 2016 4:30 PM ESTFull Year Comparable Hotels RevPAR increased 6.5%; Full Year Adjusted EBITDA increased 13.7%
RICHMOND, Va.--(BUSINESS WIRE)-- Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality) today announced results of operations for the fourth quarter and full year of 2015.
Justin Knight, President and Chief Executive Officer, commented, The Apple Hospitality REIT portfolio of primarily upscale, select service and extended stay hotels, exclusively aligned with the Hilton and Marriott families of brands, is one of the largest, most geographically diverse hospitality portfolios in the United States. In 2015, we achieved industry... More
