Exhibit 21
Subsidiaries of
Apple Hospitality Two, Inc.
At December 31, 2003
(The state of incorporation or organization of each subsidiary
is Virginia, except as noted)
| A. | Direct Subsidiaries |
AHT Redmond, Inc.
AHT Res I GP, Inc.
AHT Res II GP, Inc.
AHT Res III GP, Inc.
AHT Res I LP, Inc.
AHT Res II LP, Inc.
AHT Res III LP, Inc.
AHT-SPE I GP, Inc.
AHT-SPE II GP, Inc.
Apple Hospitality Management, Inc.
Apple Res III Corporation *
Apple Suites, Inc.
Apple Suites Advisors, Inc.
| B. | Indirect Subsidiaries (held through direct subsidiaries or other indirect subsidiaries) |
AHM Res I GP, Inc.
AHM Res II GP, Inc.
AHM Res I LP, Inc.
AHM Res II LP, Inc.
AHM Res I Limited Partnership
AHM Res II Limited Partnership
AHM-SPE I, Inc.
AHT-SPE I Limited Partnership
AHT-SPE II Limited Partnership
Apple Suites General, Inc.
Apple Suites LP, Inc.
Apple Suites Management, Inc.
Apple Suites-MO, LLC
Apple Suites Pennsylvania Business Trust **
Apple Suites REIT Limited Partnership
Apple Suites SPE I, Inc.
Apple Suites SPE II, Inc.
Apple Suites SPE III, Inc.
Apple Suites SPE IV, Inc.
Apple Suites SPE V, Inc.
Apple Suites SPE Holding, Inc.
Apple Suites Services General, Inc.
Apple Suites Services Limited, Inc.
Apple Suites Services Limited Partnership
Bossier Res II GP, Inc.
Bossier Res II LP, Inc.
Bossier Res II Limited Partnership
Bossier RIBM Two, Inc. *
Bossier RIBM Two LLC *
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Marriott Residence Inn Limited Partnership *
Marriott Residence Inn II Limited Partnership *
Marriott Residence Inn USA Limited Partnership *
Residence Inn III LLC *
| * | State of organization is Delaware. |
| ** | State of organization is Pennsylvania. |
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