Stocks to Watch: Walt Disney Co (NYSE:DIS), Apple Hospitality REIT Inc (NYSE:APLE)

Stocks to Watch: Walt Disney Co (NYSE:DIS), Apple Hospitality REIT Inc (NYSE:APLE)

- in Business & Finance
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On Tuesday, Shares of Walt Disney Co (NYSE:DIS), gained 3.00% to $104.00.

Just in time for early digital release of one of the biggest movies of the year, Marvel’s Avengers: Age of Ultron, Disney declared noteworthy partner and device additions to its cloud-based digital movie service, Disney Movies Anywhere (DMA), ongoing to expand upon its promise to provide more ways to buy and watch your favorite Disney, Pixar, Marvel and Star Wars movies at home or on the go.

Started recently in the U.S., Amazon Video and Microsoft Movies & TV customers can connect to Disney Movies Anywhere and access their digital collection across the Disney Movies Anywhere ecosystem, counting via the new Disney Movies Anywhere app for the Microsoft Xbox 360 and for Amazon’s Fire tablets, Fire TV and Fire TV Stick. In addition to the Disney Movies Anywhere app, customers can access and watch titles in their Disney digital collection directly through the Amazon Video app for TVs, connected devices and mobile devices, or online at Amazon.com/amazonvideo, and via the Microsoft Movies and TV service on Windows and Microsoft Xbox devices or at microsoft.com/en-us/store/movies-and-tv.

The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.

Finally, Apple Hospitality REIT Inc (NYSE:APLE), ended its last trade with 5.68% gain, and closed at $18.97.

Apple Hospitality REIT declared that it has closed on the formerly declared acquisition of a 245-room Courtyard by Marriott in San Diego, CA for a purchase price of $56 million, or about $229,000 per key.

“We are happy to add the recently renovated Courtyard San Diego Central to our portfolio of upscale hotels and improvement our presence in the dynamic San Diego market,” said Nelson Knight, Executive Vice President, and Chief Investment Officer for Apple Hospitality REIT. “San Diego’s economy is diversified across numerous leisure and corporate demand generators and we believe this hotel is well positioned for future growth.”

In addition to popular leisure activities, the San Diego market provides a wealth of diverse demand generators with an economy marked by a strong military concentration, technology industries and innovative life science research and healthcare organizations. The Courtyard® San Diego Central, located at 8651 Spectrum Center Boulevard in San Diego, is convenient to Qualcomm Stadium, San Diego State University, the University of California San Diego, the San Diego Zoo, Marine Corps Air Station Miramar, SeaWorld San Diego, the Gaslamp Quarter, downtown San Diego and San Diego’s beaches. Hotel industry fundamentals have continued to accelerate across the San Diego market and according to data offered by Smith Travel Research (STR), RevPAR improved by 10.7 percent for the first six months of 2015 as contrast to the same period of 2014.

Apple Hospitality REIT, Inc. is a publicly owned real estate investment trust. It invests in the real estate markets of United States. The firm invests primarily in the lodging industry. It is focused on the acquisition and ownership of income-producing real estate.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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