Summit Hotel Properties, Inc. (INN) News

Summit Hotel Properties, Inc. (INN): $9.67

-0.01 (-0.10%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: REITs - Hotel


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Latest INN News From Around the Web

Below are the latest news stories about Summit Hotel Properties Inc that investors may wish to consider to help them evaluate INN as an investment opportunity.

Summit Hotel JV to Snap up Steamboat Springs Hotel For $33M

Summit Hotel Properties (INN) has agreed to acquire Residence Inn from Marriott Steamboat Springs for $33 million. Summit is acquiring the 110 room property through its joint venture with GIC. Summit plans to fund its 51% stake in the acquisition with about $17 million cash on hand. Following the acquisition, Summit expects to have total liquidity of $425 million. The acquisition is expected to close in late Q2 or early Q3. Residence Inn, opened in December 2020, is located near the base of Moun

Yahoo | June 8, 2021

Summit Hotel joint venture to acquire Steamboat Springs hotel for $33M

Photo by zeljkosantrac/E+ via Getty Images Summit Hotel Properties (INN) enters into a definitive agreement to acquire the 110-guestroom Residence Inn by Marriott Steamboat Springs for $33M through its joint venture with GIC. The transaction is expected to settle late in Q2 Alterra Mountain Company owns the Steamboat Resort and...

Seeking Alpha | June 7, 2021

Summit Hotel Properties Announces Pending Acquisition of Residence Inn by Marriott Steamboat Springs

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has entered into a definitive agreement to acquire the 110-guestroom Residence Inn by Marriott Steamboat Springs for $33.0 million through its joint venture with GIC. Opened in December 2020, the newly built Residence Inn by Marriott Steamboat Springs is ideally located in close proximity to the base of Mount Werner and Gondola Square, biking and hiking trails, downtown Steamboat Springs, restaurants, shopping, and

Yahoo | June 7, 2021

10 Small-Cap Stocks With Huge Growth Potential

In this article, we will take a look at the 10 small-cap stocks with huge growth potential. You can skip our comprehensive analysis of these stocks and the merits of small-cap stock investing, and go directly to the 5 Small-Cap Stocks With Huge Growth Potential. Investors remain optimistic about the steady recovery of the economy, […]

Yahoo | May 17, 2021

Summit Hotel Properties, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / May 5, 2021 / Summit Hotel Properties, Inc. (NYSE:INN) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 5, 2021 at 9:00 AM Eastern Time.

Yahoo | May 5, 2021

Summit Hotel Properties Names William ("Trey") H. Conkling Executive Vice President and Chief Financial Officer

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that William ("Trey") H. Conkling will join the Company as Executive Vice President & Chief Financial Officer effective May 17, 2021.

Yahoo | April 28, 2021

Summit Hotel Properties Appoints Independent Director

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced Ms. Amina Belouizdad will be appointed to the Company's Board of Directors (the "Board") effective May 13, 2021 following the annual meeting of the Company's stockholders. With the appointment, the Company's Board will increase to eight members, six of whom being independent, including Ms. Belouizdad. Ms. Belouizdad will sit on the Board's Nominating and Corporate Governance and Compensation Committees.

Yahoo | April 13, 2021

Summit Hotel Properties Inc (INN) Q4 2020 Earnings Call Transcript

Ladies and gentlemen, thank you for standing by, and welcome to the Summit Hotel Properties Fourth Quarter and Full Year 2020 Earnings Conference Call. Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws.

Yahoo | February 24, 2021

Summit Hotel Properties Reports Fourth Quarter And Full Year 2020 Results

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the fourth quarter and full year ended December 31, 2020.

Yahoo | February 23, 2021

Summit Hotel Properties Announces 2021 Annual Meeting of Stockholders

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2021 Annual Meeting of Stockholders will be held Thursday, May 13, 2021, beginning at 9:00 a.m. Central Time. The meeting will be held at the Company's corporate office located at 13215 Bee Cave Parkway, Suite B-300, Austin, Texas 78738. The meeting is open to all shareholders of record as of March 5, 2021.

Yahoo | February 19, 2021


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