Summit Hotel Properties, Inc. shares rise 2.34% intraday as TOPPAN Group companies participate in Luxury Innovation Summit.

Summit Hotel Properties, Inc. rose 2.34% in intraday trading. The company's stock price increase may be attributed to the Luxury Innovation Summit, an international conference for the luxury industry, where TOPPAN Digital Inc. and Selinko SA will hold a joint session on the strategic use of Digital Product Passports (DPP) for luxury brands. The event brings together industry leaders, startups, investors, and luxury brands, fostering networking and discussions on innovation and trends shaping the future of the luxury sector, including AI.