Apple Hospitality REIT Announces Distribution for Initially Quarter of 2021

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Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) now introduced that its Board of Directors declared a quarterly income distribution of $.01 for every typical share for the 1st quarter of 2021. The distribution is payable on April 15, 2021, to shareholders of report as of March 31, 2021.&#13

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About Apple Hospitality REIT, Inc.&#13

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Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded true estate expenditure trust (“REIT”) that owns just one of the biggest and most assorted portfolios of upscale, rooms-centered lodges in the United States. Apple Hospitality’s portfolio is made up of 233 hotels with a lot more than 29,800 guest rooms positioned in 88 markets in the course of 35 states. Concentrated with business-main brands, the Company’s portfolio consists of 104 Marriott-branded lodges, 124 Hilton-branded motels, 3 Hyatt-branded resorts and two impartial accommodations. For more information and facts, remember to pay a visit to www.applehospitalityreit.com.&#13

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Ahead-Looking Statements Disclaimer&#13

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This press launch has forward-on the lookout statements in just the indicating of Portion 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Trade Act of 1934, as amended. Ahead-on the lookout statements are normally identified by use of statements that consist of phrases such as “may,” “feel,” “assume,” “foresee,” “intend,” “estimate,” “undertaking,” “goal,” “goal,” “program,” “ought to,” “will,” “forecast,” “potential,” “outlook,” “technique,” and similar expressions that convey the uncertainty of potential functions or outcomes. These kinds of statements entail acknowledged and unknown dangers, uncertainties, and other components which might bring about the actual benefits, efficiency, or achievements of the Firm to be materially distinct from future results, functionality or achievements expressed or implied by these forward-on the lookout statements.&#13
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Currently, one particular of the most substantial variables that could trigger genuine outcomes to differ materially from the Company’s ahead-seeking statements continues to be the adverse effect of the novel coronavirus COVID-19 pandemic (“COVID-19”), like resurgences and new variants, on the Company’s organization, money efficiency and problem, working results and dollars flows, the genuine estate industry and the hospitality field specifically, and the global financial system and economic marketplaces commonly. The significance, extent and duration of the ongoing impacts triggered by the COVID-19 outbreak on the Organization will count on long run developments, which are remarkably unsure and cannot be predicted with self confidence at this time, which include the scope, severity and length of the pandemic, the extent and efficiency of the steps taken to have the pandemic or mitigate its effect, the pace of the vaccine roll-out, the efficacy, acceptance and availability of vaccines, the duration of involved immunity and efficacy of the vaccines in opposition to rising variants of COVID-19, the potential for supplemental lodge closures/consolidations that could be mandated or highly recommended, no matter whether dependent on amplified COVID-19 circumstances, new variants or other elements, the slowing or rollback of “reopenings” in particular states, and the immediate and indirect economic consequences of the pandemic and containment actions, among the other people. Furthermore, investors are cautioned to interpret many of the risks discovered underneath the part titled “Chance Factors” in the Company’s Yearly Report on Type 10-K for the fiscal calendar year finished December 31, 2020 as being heightened as a end result of the ongoing and various adverse impacts of COVID-19. This kind of extra components contain, but are not restricted to, the ability of the Business to correctly obtain and dispose of properties the capacity of the Firm to properly integrate pending transactions and implement its functioning approach improvements in standard political, economic and competitive problems and precise industry situations diminished business enterprise and leisure journey due to vacation-related health and fitness considerations, which includes the widespread outbreak of COVID-19 or an raise in COVID-19 conditions or any other infectious or contagious ailments in the U.S. or abroad adverse variations in the genuine estate and serious estate capital marketplaces funding dangers adjustments in curiosity prices litigation challenges regulatory proceedings or inquiries and adjustments in regulations or regulations or interpretations of current rules and laws that affect the Company’s business enterprise, property or classification as a REIT. While the Organization believes that the assumptions underlying the forward-on the lookout statements contained herein are fair, any of the assumptions could be inaccurate, and for that reason there can be no assurance that this kind of statements bundled in this press release will demonstrate to be correct. In light of the significant uncertainties inherent in the ahead-on the lookout statements involved herein, the inclusion of such info should really not be regarded as a illustration by the Organization or any other particular person that the results or conditions described in these types of statements or the objectives and ideas of the Company will be realized. In addition, the Company’s qualification as a REIT requires the application of remarkably specialized and elaborate provisions of the Inner Profits Code of 1986, as amended. Audience really should very carefully critique the risk aspects described in the Company’s filings with the Securities and Trade Commission, like but not limited to those discussed in the part titled “Threat Factors” in the Company’s Once-a-year Report on Kind 10-K for the fiscal yr ended December 31, 2020. Any forward-seeking assertion that the Enterprise tends to make speaks only as of the date of this push launch. The Company undertakes no obligation to publicly update or revise any forward-hunting statements or cautionary aspects, as a outcome of new information and facts, long term situations, or normally, except as expected by regulation.&#13

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For more details or to acquire push releases by e-mail, pay a visit to www.applehospitalityreit.com.&#13