Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-02

Apple Hospitality REIT, Inc. (APLE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,075,148
Justin Knight total, FY2025
11th
CEO pay percentile vs peers
24.2:1
CEO-to-median pay ratio
96.72%
Say-on-pay support, latest vote
Companies that benchmark against APLE
11 companies name APLE as a compensation peer

Each company listed discloses APLE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named APLE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Justin Knight$660,591$0$3,800,578$0$419,062$0$194,917$5,075,148
Chief Executive Officer
Nelson Knight573,09201,648,5860181,7780110,4392,513,895
President, Real Estate and Investments
Elizabeth Perkins567,58201,632,7350180,0300107,3962,487,743
Senior Vice President and Chief Financial Officer
Karen Gallagher529,00801,521,7710167,7950102,9102,321,484
Senior Vice President and Chief Operating Officer
Rachel Labrecque484,9240996,3980109,866083,8081,674,996
Senior Vice President and Chief Accounting Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Justin Knight$5,075,148$5,788,558$6,973,468−713,410
Nelson Knight2,513,8955,788,5583,136,493−3,274,663
Elizabeth Perkins2,487,7432,681,7993,106,959−194,056
Karen Gallagher2,321,4842,502,1782,901,677−180,694
Rachel Labrecque1,674,9961,781,2172,035,933−106,221

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Glade M. KnightDirector2026-05-11A5,000$14$69,825CommonForm 4 ↗
Howard E. WoolleyDirector2026-05-29A2,2971533,743CommonForm 4 ↗
Jon A. FosheimDirector2026-05-29A2,0681530,379CommonForm 4 ↗
Dividend-equivalent accruals2026-05-291,485~21,8153 insiders, 4 accrual rows
Blythe J. McGarvieDirector2026-05-29A2,2971533,743CommonForm 4 ↗
Redd HughDirector2026-05-29A2,2971533,743Derivative, Class A CommonForm 4 ↗
Carolyn B. HandlonDirector2026-05-29A2,2971533,743Derivative, Class A CommonForm 4 ↗
Glenn W. BuntingDirector2026-05-29A2,2971533,743CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 11 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Glade M. KnightDirector2026-05-11A5,000$14$69,825CommonForm 4 ↗
Howard E. WoolleyDirector2026-05-29A2,2971533,743CommonForm 4 ↗
Jon A. FosheimDirector2026-05-29A2,0681530,379CommonForm 4 ↗
Jon A. FosheimDirector2026-05-29A229153,364Derivative, Class A CommonForm 4 ↗
Jon A. FosheimDirector2026-05-29A449156,596Derivative, Class A CommonForm 4 ↗
Blythe J. McGarvieDirector2026-05-29A2,2971533,743CommonForm 4 ↗
Redd HughDirector2026-05-29A2,2971533,743Derivative, Class A CommonForm 4 ↗
Redd HughDirector2026-05-29A442156,493Derivative, Class A CommonForm 4 ↗
Carolyn B. HandlonDirector2026-05-29A2,2971533,743Derivative, Class A CommonForm 4 ↗
Glenn W. BuntingDirector2026-05-29A2,2971533,743CommonForm 4 ↗
Howard E. WoolleyDirector2026-05-29A365155,362Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Karen GallagherPSU2025-01-011,058,889462,882$1,521,771
Justin G. KnightPSU2025-01-012,644,5441,156,0343,800,578
Rachel LabrecquePSU2025-01-01693,320303,078996,398
Elizabeth PerkinsPSU2025-01-011,136,101496,6341,632,735
Nelson G. KnightPSU2025-01-011,147,130501,4561,648,586
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Karen Gallagher$0$1,521,771$0100.0%
Justin G. Knight03,800,5780100.0%
Rachel Labrecque0996,3980100.0%
Elizabeth Perkins01,632,7350100.0%
Nelson G. Knight01,648,5860100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Elizabeth PerkinsPSU62,865$744,952
Karen GallagherPSU58,593694,323
Rachel LabrecquePSU38,364454,617
KnightPSU63,475752,184
KnightPSU146,3341,734,052
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation philosophy continues to focus on attracting, motivating and retaining a superior management team that can maximize shareholder value. The compensation arrangements are designed to reward performance relative to financial and other metrics that the Company believes are key metrics that will enhance shareholder value and to reward executive officers for performance at levels that the Compensation Committee believes to be competitive with other public hospitality REITs.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFPC
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-22175,328,9935,940,374730,28796.72%Passed
20252025-05-19191,002,7976,276,492635,98296.82%Passed
20242024-05-23199,513,1235,849,315733,45697.15%Passed
20232023-05-18177,416,1924,509,497715,53297.52%Passed
20222022-05-13175,318,0697,128,382419,26596.09%Passed
20212021-05-13144,663,3205,009,498484,23296.65%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2296.72%a
20252025-05-1996.82%b
20242024-05-2397.15%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)24.2 : 1
CEO total compensation$5,075,145
Median employee compensation$209,424
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jon A. FosheimIndependent · Audit · Executive · Nominating and Corporate Governance$120,000$114,996$0$0$39,466$274,462
L. Hugh ReddIndependent · Audit (Chair) · Compensation · Executive109,000114,9960027,411251,407
Howard E. WoolleyIndependent · Compensation · Nominating and Corporate Governance90,000114,9960021,068226,064
Glenn W. BuntingIndependent · Audit · Compensation (Chair) · Executive · Nominating and Corporate Governance100,000114,99600214,996
Blythe J. McGarvieIndependent · Lead Independent Director · Executive · Nominating and Corporate Governance (Chair)90,000114,99600204,996
Carolyn B. HandlonIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance90,000114,99600204,996
Kristian M. GathrightIndependent · Departed during FY70,000114,99600184,996
Glade M. KnightEmployee director · Board Chair · Executive (Chair)000000
Justin G. KnightEmployee director · Executive000000
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$115,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline4x annual base cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$669,000
Equity awards (grant-date value)$804,972
All other compensation$87,945
Total cost of the board$1,561,917

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Apple Hospitality REIT, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Apple Hospitality REIT, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Host Hotels & Resorts, Inc.2025James Risoleo$1,100,000$9,569,880$0$3,697,100$14,835,223
2Park Hotels & Resorts Inc.2025Thomas Baltimore Jr.1,100,0005,967,30702,661,5059,729,412
3RLJ Lodging Trust2025Leslie Hale882,0006,900,25001,622,1169,460,014
4Xenia Hotels & Resorts, Inc.2025Marcel Verbaas900,0004,264,49001,863,1387,048,188
5Pebblebrook Hotel Trust2025Jon Bortz840,0003,592,19302,085,0006,589,254
6DiamondRock Hospitality Company2025Jeffrey Donnelly750,0004,086,87701,582,2816,433,158
7Ryman Hospitality Properties, Inc.2025Mark Fioravanti938,6263,325,12501,782,5336,246,483
8Summit Hotel Properties, Inc.2025Jonathan Stanner800,0003,747,7000900,0005,461,700
9Apple Hospitality REIT, Inc.2025Justin Knight660,5913,800,5780419,0625,075,148
10Sunstone Hotel Investors, Inc.2025Bryan Giglia700,0002,755,9930948,2814,516,098

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Apple Hospitality REIT, Inc.49.4%RSU 75 · Cash LTI 25NoFPC
DiamondRock Hospitality Company141%PSU 60 · RSU 40NoFrederic W. Cook & Co., Inc.
Host Hotels & Resorts, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Park Hotels & Resorts Inc.138%PSU 65 · RSU 35Yes — Relative Total Stockholder Return (TSR) vs. FTSE Nareit Lodging/Resorts IndexFerguson Partners Consulting L.P.
Pebblebrook Hotel Trust150%PSU 60 · LTIP Units 40Yes — Relative TSRnot disclosed
RLJ Lodging Trust105.1%RSU 50 · PSU 50Yes — Relative TSRFerguson Partners
Ryman Hospitality Properties, Inc.188%PSU 50 · RSU 50Yes — TSR performance relative to designated peer groupsAon
Summit Hotel Properties, Inc.75%PSU 60 · RSU 40NoFW Cook
Sunstone Hotel Investors, Inc.not disclosedPSU 75 · RSU 25Yes — Relative Total Stockholder Return (RTSR) vs FTSE Nareit Lodging/Resorts Index (over $500 Million Market Cap)Ferguson Partners Consulting (FPC)
Xenia Hotels & Resorts, Inc.207%LTIP Units 100Yes — Absolute TSRFPC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Apple Hospitality REIT, Inc. in fiscal 2025?
As disclosed, the highest-paid executive was Justin Knight, Chief Executive Officer, with total compensation of $5,075,148.
How does Apple Hospitality REIT, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows the CEO's pay was at the 11th percentile of disclosed peers.
What is Apple Hospitality REIT, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 24.2:1.
How did shareholders vote on Apple Hospitality REIT, Inc.'s executive compensation?
Shareholders approved the executive compensation plan with 96.72% support in the latest vote.
How much does Apple Hospitality REIT, Inc. spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 was $1,561,917.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Justin KnightDEF 14A2026-04-020001193125-26-140145Section “Summary Compensation Table” · page 47. As printed: 5,075,148. Filing ↗machine: t94 · r2 · c19 · span 1074682–1074691
2Section 01, Nelson KnightDEF 14A2026-04-020001193125-26-140145Section “Summary Compensation Table” · page 47. As printed: 2,513,895. Filing ↗machine: t94 · r5 · c19 · span 1098633–1098642
3Section 01, Elizabeth PerkinsDEF 14A2026-04-020001193125-26-140145Section “Summary Compensation Table” · page 47. As printed: 2,487,743. Filing ↗machine: t94 · r8 · c19 · span 1122593–1122602
4Section 01, Karen GallagherDEF 14A2026-04-020001193125-26-140145Section “Summary Compensation Table” · page 47. As printed: 2,321,484. Filing ↗machine: t94 · r11 · c19 · span 1146668–1146677
5Section 01, Rachel LabrecqueDEF 14A2026-04-020001193125-26-140145Section “Summary Compensation Table” · page 47. As printed: 1,674,996. Filing ↗machine: t94 · r14 · c19 · span 1170723–1170732
6Section 03, Karen Gallagher PSUDEF 14A2026-04-020001193125-26-140145Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t96 · r12 · c5 · span 1261213–1261222
7Section 03, Justin G. Knight PSUDEF 14A2026-04-020001193125-26-140145Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t96 · r3 · c5 · span 1205524–1205533
8Section 03, Rachel Labrecque PSUDEF 14A2026-04-020001193125-26-140145Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t96 · r15 · c5 · span 1279832–1279839
9Section 03, Elizabeth Perkins PSUDEF 14A2026-04-020001193125-26-140145Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t96 · r9 · c5 · span 1242632–1242641
10Section 03, Nelson G. Knight PSUDEF 14A2026-04-020001193125-26-140145Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t96 · r6 · c5 · span 1224099–1224108
11Section 07, pay ratioDEF 14A2026-04-020001193125-26-140145Section “CEO Pay Ratio”. As printed: 24.2 : 1. Filing ↗machine: span 1619260–1619270
12Section 08, Jon A. FosheimDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 274,462. Filing ↗machine: t54 · r3 · c11 · span 574378–574385
13Section 08, L. Hugh ReddDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 251,407. Filing ↗machine: t54 · r7 · c11 · span 594469–594476
14Section 08, Howard E. WoolleyDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 226,064. Filing ↗machine: t54 · r8 · c11 · span 599850–599857
15Section 08, Glenn W. BuntingDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 214,996. Filing ↗machine: t54 · r2 · c11 · span 569407–569414
16Section 08, Blythe J. McGarvieDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 204,996. Filing ↗machine: t54 · r6 · c11 · span 589500–589507
17Section 08, Carolyn B. HandlonDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 204,996. Filing ↗machine: t54 · r5 · c11 · span 584525–584532
18Section 08, Kristian M. GathrightDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 184,996. Filing ↗machine: t54 · r4 · c11 · span 579550–579557
19Section 08, Glade M. KnightDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 0. Filing ↗
20Section 08, Justin G. KnightDEF 14A2026-04-020001193125-26-140145Section “Director Compensation”. As printed: 0. Filing ↗
21Section 02, Glade M. Knight 2026-05-11Form 42026-05-130001193125-26-221666Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Howard E. Woolley 2026-05-29Form 42026-06-020001849229-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Jon A. Fosheim 2026-05-29Form 42026-06-020001628418-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Jon A. Fosheim 2026-05-29Form 42026-06-020001628418-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Jon A. Fosheim 2026-05-29Form 42026-06-020001628418-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Blythe J. McGarvie 2026-05-29Form 42026-06-020001013947-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Redd Hugh 2026-05-29Form 42026-06-020001361945-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Redd Hugh 2026-05-29Form 42026-06-020001361945-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Carolyn B. Handlon 2026-05-29Form 42026-06-020001705809-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Glenn W. Bunting 2026-05-29Form 42026-06-020001242985-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Howard E. Woolley 2026-05-29Form 42026-06-020001849229-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 06, 2026 voteForm 8-K2026-05-270001193125-26-241917Item 5.07 · say-on-pay result. As reported: 96.72% (votes for as printed: 175,328,993). Filing ↗
33Section 06, 2025 voteForm 8-K2025-05-210000950170-25-075787Item 5.07 · say-on-pay result. As reported: 96.82% (votes for as printed: 191,002,797). Filing ↗
34Section 06, 2024 voteForm 8-K2024-05-280000950170-24-065218Item 5.07 · say-on-pay result. As reported: 97.15% (votes for as printed: 199,513,123). Filing ↗
35Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
36Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
37Section 09b board cost (computed)ComputedcomputedCash 669,000 + equity 804,972 + all other 87,945 = 1,561,917, summed across the director compensation table rows.machine: formula: Σ = 1,561,917
38Host Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Host Hotels & Resorts, Inc.'s own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
39Park Hotels & Resorts Inc., Section 10b CEO totalDEF 14A2026-03-120001617406-26-000021CEO total compensation as printed in Park Hotels & Resorts Inc.'s own proxy. As printed: 9,729,412. Filing ↗machine: r4 · c17 · span 2212468–2212477
40RLJ Lodging Trust, Section 10b CEO totalDEF 14A2026-03-230001104659-26-033293CEO total compensation as printed in RLJ Lodging Trust's own proxy. As printed: 9,460,014. Filing ↗machine: t103 · r4 · c36 · span 1609030–1609039
41Xenia Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022425CEO total compensation as printed in Xenia Hotels & Resorts, Inc.'s own proxy. As printed: 7,048,188. Filing ↗machine: span 682839–682848
42Pebblebrook Hotel Trust, Section 10b CEO totalDEF 14A2026-04-170001474098-26-000030CEO total compensation as printed in Pebblebrook Hotel Trust's own proxy. As printed: 6,589,254. Filing ↗machine: t79 · r2 · c12 · span 636311–636320
43DiamondRock Hospitality Company, Section 10b CEO totalDEF 14A2026-03-160001298946-26-000019CEO total compensation as printed in DiamondRock Hospitality Company's own proxy. As printed: 6,433,158. Filing ↗machine: r3 · c21 · span 748955–748964
44Ryman Hospitality Properties, Inc., Section 10b CEO totalDEF 14A2026-04-020001140361-26-012894CEO total compensation as printed in Ryman Hospitality Properties, Inc.'s own proxy. As printed: 6,246,483. Filing ↗machine: r2 · c28 · span 1272440–1272449
45Summit Hotel Properties, Inc., Section 10b CEO totalDEF 14A2026-04-010001497645-26-000031CEO total compensation as printed in Summit Hotel Properties, Inc.'s own proxy. As printed: 5,461,700. Filing ↗machine: r2 · c36 · span 470625–470634
46Apple Hospitality REIT, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-020001193125-26-140145CEO total compensation as printed in Apple Hospitality REIT, Inc.'s own proxy. As printed: 5,075,148. Filing ↗machine: t94 · r2 · c19 · span 1074682–1074691
47Sunstone Hotel Investors, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-031060CEO total compensation as printed in Sunstone Hotel Investors, Inc.'s own proxy. As printed: 4,516,098. Filing ↗machine: t176 · r5 · c12 · span 1215367–1215376
48Section 10a, DiamondRock Hospitality Company reciprocityDEF 14A0001298946-26-000019DiamondRock Hospitality Company names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
49Section 10a, Pebblebrook Hotel Trust reciprocityDEF 14A0001474098-26-000030Pebblebrook Hotel Trust names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Park Hotels & Resorts Inc. reciprocityDEF 14A0001617406-26-000021Park Hotels & Resorts Inc. names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
51Section 10a, Xenia Hotels & Resorts, Inc. reciprocityDEF 14A0001628280-26-022425Xenia Hotels & Resorts, Inc. names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
52Section 10a, Summit Hotel Properties, Inc. reciprocityDEF 14A0001497645-26-000031Summit Hotel Properties, Inc. names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, Ryman Hospitality Properties, Inc. reciprocityDEF 14A0001140361-26-012894Ryman Hospitality Properties, Inc. names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Sunstone Hotel Investors, Inc. reciprocityDEF 14A0001104659-26-031060Sunstone Hotel Investors, Inc. names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
55Section 10a, RLJ Lodging Trust reciprocityDEF 14A0001104659-26-033293RLJ Lodging Trust names Apple Hospitality REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗