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Summit HotelยทNYSE
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INN Profile

Summit Hotel Properties, Inc.

A REIT that acquires and owns branded limited-service and select-service hotels in the upscale and midscale segments

Hotel and Resort REIT
06/30/2010
02/09/2011
New York Stock Exchange
85
12-31
Common stock
13215 Bee Cave Parkway, Suite B-300, Austin, TX 78738
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Summit Hotel Properties, Inc., founded in Maryland on June 30, 2010, is a self-managed accommodation property investment company. The company focuses on having accommodation properties with an efficient operating model, resulting in strong profit margins and return on investment. Most of the Company's hotels operate under premium franchise brands owned by Marriott International, Inc. (" Marriott "), Hilton Worldwide (" Hilton "), Hyatt Hotels Corporation (" Hyatt "), and Intercontinental Hotels Group (" IHG "). The company's properties are typically located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, statehouses, conference centers, universities and leisure attractions.