Apple hospitality reit posts results of operations for q1

Apple hospitality reit reports results of operations for first quarter 2020.apple hospitality reit inc - as of may 15, 2020, all of company's 233 hotels were open and receiving reservations.apple hospitality reit - average occupancy for comparable hotels declined from about 76% in feb to below 20% by end of march.apple hospitality reit inc - qtrly loss per share $0.01.apple hospitality reit - qtrly total revenue about $238 million versus $303.8 million.apple hospitality reit - executive chairman to forego 6 months of his salary, ceo to reduce his target compensation by 60%.apple hospitality reit inc - suspended its monthly distributions, with last distribution being paid march 16, 2020.apple hospitality reit inc - anticipates a reduction of corporate expenses by a total of approximately 25 percent for year.
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