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Apple Hospitality REIT Acquires the Aloft Portland, Maine

Apple Hospitality REIT Acquires the Aloft Portland, Maine
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

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Apple Hospitality REIT : Recognizes Hotel Associates with 2020 Apple Awards

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Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced recipients of the Company’s 2020 Apple Awards. The winners were chosen for their outstanding contributions in 2020.
“We could not be more grateful for the exceptional operating teams at our hotels and their dedication to serving our guests with care during the most difficult year on record for the hotel industry,” commented Justin Knight, Chief Executive Officer of Apple Hospitality. “Last year, associates at our hotels were faced with incredibly challenging circumstances as we worked to adapt to the evolving operating environment, with many taking on additional responsibilities. We are incredibly proud of their efforts. As a result, our 2020 Apple Awards are focused solely on the associates at our hotels, recognizing several individuals nominated by their management companies and peers for their outstanding contributions to the saf ....

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Apple Hospitality REIT Reports Results of Operations for First Quarter 2021

Apple Hospitality REIT Reports Results of Operations for First Quarter 2021
digitalmedianet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitalmedianet.com Daily Mail and Mail on Sunday newspapers.

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Apple Hospitality REIT Extends Credit Facility Waiver Period and Enhances Financial Flexibility

Apple Hospitality REIT Extends Credit Facility Waiver Period and Enhances Financial Flexibility
By
Staff
1 month ago
RICHMOND, Va.–(BUSINESS WIRE)–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it has successfully amended its unsecured debt agreements to extend the waiver period of all existing financial covenants through the end of the fourth quarter of 2021 with all but two existing financial covenants waived through the end of the first quarter of 2022 (the “Extended Covenant Waiver Period”), unless the Company elects an earlier date. The Company’s unsecured credit facilities consist of a $425 million revolving credit facility, $820 million of funded term loans and a $50 million senior notes facility. As of March 1, 2021, the revolving credit facility had an outstanding balance of approximately $161 million with availability of approximately $264 million. ....

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Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2020

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2020
digitalmedianet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitalmedianet.com Daily Mail and Mail on Sunday newspapers.

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