Apple Hospitality REIT Expects Pickup in Business Demand to Continue in 2018

Justin Knight, president and CEO of Apple Hospitality REIT, Inc. (NYSE: APLE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Knight observed that leading into 2018, leisure traveler demand had significantly outpaced business traveler demand. As 2018 began, leisure continued to be reasonably strong, but business transient demand began to pick up, he noted.