Apple Hospitality REIT Inc (APLE)

[Exjouster]

With the completion of the mergers of Apple REIT Seven, Inc. and Apple REIT Eight, Inc. into Apple Hospitality REIT, Inc. (formerly Apple REIT Nine, Inc.), which were effective March 1, 2014, the Company significantly increased its scale and diversity. The following highlights of the Company’s scale and diversity reflect the Apple REIT Seven and Apple REIT Eight properties as of March 1, 2014.
Operating statistics as of and for the year ended December 31, 2014 TOTAL ASSETS $3.8 billion TOTAL SHAREHOLDERS’ EQUITY $3.0 billion REVENUE $804 million NET INCOME $7 million DISTRIBUTIONS PAID PER SHARE $0.70 FUNDS FROM OPERATIONS (FFO) (A) $131 million MODIFIED FUNDS FROM OPERATIONS (MFFO) (A) $256 million PROFORMA REVPAR GROWTH FROM 2013 (assumes mergers completed 1/1/13) 7% TOTAL NUMBER OF PROPERTIES (B) 191 TOTAL NUMBER OF STATES in which properties are located (B) 33 TOTAL NUMBER OF ROOMS (B) 23,790 TOTAL NUMBER OF BRANDS (all Hilton® and Marriott®) 15