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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Annual report pursuant to section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended December 31 , 2020 or Transition report pursuant to section 13 or 15 ( d ) of the Securities Exchange Act of 1934 Commission File Number 001-37389 APPLE HOSPITALITY REIT , INC . ( Exact name of registrant as specified in its charter ) Virginia ( State or other jurisdiction of incorporation or organization ) 814 East Main Street Richmond , Virginia ( Address of principal executive offices ) Title of each class Common Shares , no par value ( 804 ) 344-8121 ( Registrant's telephone number , including area code ) 26-1379210 ( I.R.S. Employer Identification Number ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) APLE Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No 23219 ( Zip Code ) Name of each exchange on which registered New York Stock Exchange Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No X ☐ X Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , ” “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Accelerated filer Smaller reporting company Emerging growth company ooo If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . 0 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes ☐ No × The aggregate market value of the common shares held by non - affiliates of the registrant ( based on the closing sale price on the New York Stock Exchange ) was approximately $ 2,016,065,000 as of June 30 , 2020 . The number of common shares outstanding on February 12 , 2021 was 223,212,346 . Documents Incorporated by Reference The information required by Part III of this report , to the extent not set forth herein , is incorporated by reference from the Company's definitive proxy statement to be filed with the Securities and Exchange Commission in connection with the Company's annual meeting of shareholders to be held on May 13 , 2021 .