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Summit Hotel Properties, Inc. is a real estate investment trust. The Company is focused on owning premium-branded lodging facilities with operating models primarily in the upscale segment of the lodging industry. Its portfolio consists of over 94 assets, 52 of which are wholly owned, with a total of 14,226 guestrooms located in 24 states. Its lodging properties are located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. Its guestrooms operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt), and InterContinental Hotels Group (IHG). It holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). Substantially, all of its assets are held by, and all of its operations are conducted through, the Operating Partnership.
Find out what a historical investment in Summit Hotel Properties Inc would be worth today using our INN stock calculator.
Market Capitalisation
$567.83M
Price-earnings ratio
-
Dividend yield
6.02%
Volume
784.59K
High today
$5.31
Low today
$5.20
Open price
$5.29
52-week high
$6.00
52-week low
$3.98
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