Apple Hospitality REIT Reaping Benefits from Acquisition

Justin Knight, president and CEO of Apple Hospitality REIT (NYSE: APLE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

In September, Apple Hospitality completed the acquisition of the public non-listed REIT Apple REIT Ten, Inc. Knight said some of the strategic benefits from the deal are starting to accrue to Apple Hospitality.

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Apple Hospitality REIT Planting Seeds for More Success

Since its listing on the New York Stock Exchange a year ago this month, there’s been little let-up in activity at Richmond, Virginia-based Apple Hospitality REIT, Inc. (NYSE: APLE).

Last month, the lodging REIT announced plans to acquire public non-listed REIT Apple REIT Ten, Inc. in a deal valued at approximately $ 1.3 billion. Apple REIT Ten was formed by Glade Knight, the executive chairman of Apple Hospitality. The merger would create one of the largest lodging REITs in the country.

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Merger Has Apple Hospitality REIT Planting Seeds for More Success

Since its listing on the New York Stock Exchange a year ago this month, there’s been little let-up in activity at Richmond, Virginia-based Apple Hospitality REIT, Inc. (NYSE: APLE).

Last month, the lodging REIT announced plans to acquire public non-listed REIT Apple REIT Ten, Inc. in a deal valued at approximately $ 1.3 billion. Apple REIT Ten was formed by Glade Knight, the executive chairman of Apple Hospitality. The merger would create one of the largest lodging REITs in the country.

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Apple Hospitality REIT Reaches Deal to Buy Apple REIT Ten

Apple Hospitality REIT, Inc. (NYSE: APLE) said April 14 that it plans to acquire public non-listed REIT Apple REIT Ten, Inc. in a deal valued at $ 1.3 billion.

Apple Hospitality’s portfolio consists of 179 hotels operating exclusively under the Hilton and Marriot brands, with locations in urban, high-end suburban and developing markets. Apple REIT Ten was formed by Glade Knight, who previously served as chairman and CEO of Apple Hospitality REIT. Apple REIT Ten’s portfolio contains 55 Marriott- and Hilton-branded hotels.

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Apple iAds vs. AdSense, Google PageRank Update & Images In Sitemaps

www.SERoundtable.com – We are back to our video recaps, despite barely being able to talk. This week I covered that more people are seeing the Google Jazzy blue interface. Also, there was a Google PageRank update and we covered the main changes at Google over the past month. Google Sitemaps is now accepting images. Google graduated malware from Webmaster Tools Labs and made is faster and better. Google AdWords is unbanning some banned AdWords advertisers. Apple is set to compete against Google AdSense for Mobile Apps with Apple iAd. Google Maps dropped the 3D street views, was it a bug or a joke? Yelp is changing their reviews policies in light of all the lawsuits. Finally, Google didn’t show an Easter logo this year again, and people were upset. That was this week at the Search Engine Roundtable. More & More Seeing Google’s Blue Jazz Interface : www.seroundtable.com Google April 2010 PageRank Update : www.seroundtable.com April 2010 Google Webmaster Report : www.seroundtable.com Google Sitemaps Now Accepting Images : www.seroundtable.com Malware Details Graduates In Google Webmaster Tools : www.seroundtable.com Google Malware Detection Gets Faster & Better : www.seroundtable.com Google AdWords Removing Account Bans? : www.seroundtable.com Apple’s iAd to Compete With Google AdSense Mobile Ads : www.seroundtable.com Google Maps Drops 3D Street Views, Was It a Prank? : www.seroundtable.com Yelp To Change Review Policies : www.seroundtable.com No Easter Logo At Google Again
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