Revenue for the fourth quarter of 2016 was $114.2 million, an $8.5 million or 7% decrease from revenue for the fourth quarter of 2015. In constant currency, revenue for the fourth quarter of 2016 decreased $7.4 million or 6% from the fourth quarter of 2015.
Fourth Quarter 2016 Net income was $17 million, a decrease of 75.4%, and net income attributable to Parent was $17 million, a decrease of 75.0%
Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2016
Net Income of $87.4 million for 2016; Adjusted FFO climbs 14.0 percent to $1.41 per share for 2016; Annual Pro Forma RevPAR Increases 3.8 percent