Summit Hotel Properties/$INN

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About Summit Hotel Properties

Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Ticker

$INN

Primary listing

NYSE

Industry

Hotel & Resort REITs

Employees

85

ISIN

US8660821005

INN Metrics

BasicAdvanced
$565M
25.50
$0.20
1.61
$0.32
6.19%

Bulls say / Bears say

Summit Hotel Properties reported a net income of $25.1 million for the full year 2024, a significant turnaround from a net loss of $28.0 million in 2023, indicating improved financial health. (stocktitan.net)
The company completed strategic acquisitions, including the Hampton Inn Boston - Logan Airport and the Hilton Garden Inn Tysons Corner, for a combined purchase price of $96.0 million, enhancing its portfolio with high-performing assets. (gurufocus.com)
Barclays PLC increased its holdings in Summit Hotel Properties by 40.2% during the third quarter of 2024, reflecting growing institutional confidence in the company's prospects. (marketbeat.com)
Summit Hotel Properties reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31, 2025, missing analyst expectations and indicating potential operational challenges. (tradingview.com)
The company's revenue fell by 1.9% to $184.48 million in the first quarter of 2025 compared to the previous year, suggesting a decline in top-line growth. (tradingview.com)
Bank of Montreal Can reduced its holdings in Summit Hotel Properties by 95.4% in the fourth quarter, potentially signaling decreased confidence from institutional investors. (marketbeat.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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