Two tapes · no invented prices · Amangani

Next to each other. Not blended.

Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.

Next to each other. Not blended. A missing price stays a question.

Tape ATape B

Apr 1, 2026

Hampton Inn & Suites Rochester-North — Apple disposition

Hampton Inn & Suites Rochester-North · Rochester, Minnesota · 124 keys · Upper midscale

$8.7M

$70,161 / key

Apple Exhibit 99.1: approximately $8.7 million gross for the 124-room Hampton Inn & Suites Rochester-North. Interstate select-service — not a Twin Cities palace.

Public filingMorning blotter · 2025–26 Apple sold124 keys

Apple Hospitality REIT Exhibit 99.1, Q2 2026 (April 2026 close; day-of-month not named)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Worksheet Market Swap sides

Dec 22, 2025

Motto by Hilton Nashville Downtown — Apple Hospitality acquisition

Motto by Hilton Nashville Downtown · Nashville · 260 keys · Upscale

$98.2M

$377,692 / key

Apple IR: approximately $98.2 million for the 260-room new-build Motto. Rooms-focused — not a 1 Hotel lifestyle PPK.

Public filingMorning blotter · 2025–26 Apple bought260 keys

Apple Hospitality REIT Exhibit 99.1, December 22, 2025

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Worksheet Market Swap sides

Different houses. Do not average PPK across markets or structures.

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape: $8.7M
Worksheet: $17.7M
Gap: +103%

Apple Exhibit 99.1: approximately $8.7 million gross for the 124-room Hampton Inn & Suites Rochester-North. Interstate select-service — not a Twin Cities palace.

Public filingMorning blotter · 2025–26 Apple sold124 keys

Apple Hospitality REIT Exhibit 99.1, Q2 2026 (April 2026 close; day-of-month not named)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Shock the worksheet Compare tapes

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape: $98.2M
Worksheet: $80.2M
Gap: -18%

Apple IR: approximately $98.2 million for the 260-room new-build Motto. Rooms-focused — not a 1 Hotel lifestyle PPK.

Public filingMorning blotter · 2025–26 Apple bought260 keys

Apple Hospitality REIT Exhibit 99.1, December 22, 2025

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Shock the worksheet Compare tapes