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