Apple Hospitality Eyes Strategic Options

Apple Hospitality Five Inc., a real estate investment trust based in Richmond, Va., has retained Wachovia Securities as a financial adviser to help review the REIT's strategic options, including a possible sale or merger of the company.Apple Hospitality specializes in upscale, extended-stay and select-service hotels. It can be found on the Web at http://www.applehospitalityfive.com.

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