Apple Hospitality Reit, Inc. · NYSE:APLE
Apple Hospitality Reit — Corporate Update (May 2020)
11 slides from Apple Hospitality Reit's corporate update, May 18, 2020
Slide 1: Slide 1
Slide 2: Forward-Looking Statements
6 APPLE HOSPITALITY REIT FORWARD-LOOKING STATEMENTS Certain statements made in this presentation are farwareHlooking statements, including statements ragarding the impact to the Company's business and financial condition from, and measures being taken in response to, the COVID-19 situation. These fo
Slide 3: Company Profile
e& APPLE HOSPITALITY REIT COMPANY PROFILE 233 HOTELS C9759. GUEST ROOMS 34 STATES 87 MARKETS 12 BRANDS 99% ROOMS-FOCUSED A years AVERAGESEFFECTIVE AGE Note: Hotel portfolio statistics os of April 30, 2020. Markel cotagorization bosed on STR designation. Average Effective Age represents years since h
Slide 4: Efforts to Preserve Capital & Mitigate Impact of COVID-19
& APPLE HOSPITALITY REIT EFFORTS TO PRESERVE CAPITAL & MITIGATE IMPACT OF COVID-19 © Quickly worked with management companies to make swift operational changes to staffing & service models © Consolidated operations in markels where the Company owns multiple properties to maximize operational efficie
Slide 5: Broad Geographic Diversification
Qo HOSPITALITY REIT BROAD GEOGRAPHIC DIVERSIFICATION Number of Guest Rooms N Suburban 58% Ubon 22% Airport 7% Interstte 2% ‘Resort 5% Small Metro 6% Trailing 28 Days Suburban vs, Urban! $99 05 S21 | 5 — o hon is more * Aepl Heap RET owns more er Tai thon ofl in is eka iSubuibon Ubon Note: Hotel port
Slide 6: Rooms-Focused Strategy
& APPLE HOSPITALITY REIT ROOMS-FOCUSED STRATEGY % of APLE dts! prone ype Portfolio Extended Stoy 33% Suite Product 23% » mM Other Select Service A2% | Full Service 2% Rooms Sold Segmentation Transient 86% Group 14% on 50% 100%, HYATT Note: Hotel portoio statisties as of April 30, 2020. 1. Brand Type
Slide 7: Occupancy Levels Before & During COVID-19
& APPLE HOSPITALITY REIT OCCUPANCY LEVELS BEFORE & DURING COVID-19 Began to see impact in March and appear to have bottomed out , oe around 15% occupancy EP POP A POP PO PP PP Week ended Source: Weekly dala provided by STR for the Company's hotels owned as of March 31, 2020, including all rooms avai
Slide 8: % of Hotels by Occupancy Tier
6 a & APPLE HOSPITALITY REIT % OF HOTELS BY OCCUPANCY TIER 2019 Jan 2020 Feb 2020 3/7/2020 3/14/2020 3/21/2020 3/28/2020 4/4/2020 4/11/2020 epua yo9/A, 4/18/2020 4/25/2020 5/2/2020 5/9/2020 o% 10% 20% 30% 40% 50% 6% 70% 80% 90% 0% - 15%! 15% 25% m25%-50% mS50%+ Occupancy Tier Source: Weekly dala pro
Slide 9: Liquidity Position
6 APPLE HOSPITALITY REIT LIQUIDITY POSITION t Summary as of March 31, 2020 Estimated Net Cash Use Analysis ($ in thousands} ($ in thousands, except per key amount) Mortgages {31 Hotels) $500,013 || Monthly at 15% to 20% Occupancy Unsecured {200 Hotels) Operations? $5,000 Revolver oper r Reece Poe Pr
Slide 10: Trademark Information
6 APPLE HOSPITALITY REIT TRADEMARK INFORMATION “Courtyard by Marriott®,” "Fairfield by Marriot®," “Fairfield Inn by Marriott®,” “Fairfield Inn & Suites by Marriot®,” “Marriotf® Hotels,” "Residence Inn by Marriot®," “SpringHill Suites by Marriat®,” and “TownePlace Suites by Marriott3" are each a regi
Slide 11: Apple Hospitality REIT, Inc. contact details
Apple Hospitality REIT, Inc. 814 East Main Street Richmond, VA 23219 (804) 344.8121 www. applehospitalityreitcom Residence Inn, Portland, ME