Summit Hotel Properties, Inc. (INN)

NYSE - NYSE Real Time Price. Currency in USD
14.28-0.02 (-0.14%)
As of 12:16 PM EDT. Market open.
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Prev Close14.30
Bid14.29 x 300
Ask14.31 x 600
Day's Range14.17 - 14.36
52wk Range9.00 - 14.58
1y Target EstN/A
Market Cap1.25B
P/E Ratio (ttm)8.22
Avg Vol (3m)509,810
Dividend & Yield0.53 (3.70%)
Earnings DateN/A
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  • Summit Hotel Properties (INN) Acquires Marriott for $61.4M
    Zacks9 days ago

    Summit Hotel Properties (INN) Acquires Marriott for $61.4M

    Summit Hotel Properties, Inc. (INN) has made the announcement of acquiring Marriott in Boulder, CO for $61.4 million.

  • PR Newswire13 days ago

    Summit Hotel Properties Completes Acquisition Of Marriott Boulder, CO

    The gross purchase price represents a capitalization rate of 8.2 percent on management's current estimate of the Hotel's 2017 net operating income, which includes tenant income from approximately 20,000 square feet of retail and restaurant space.  On August 2, 2016, the Company had included the pending acquisition of the Hotel in it's updated 2016 outlook.  Over the last twelve months, the Hotel had revenue per available room ("RevPAR") of $167, which represents a 51 percent premium over the Company's pro forma RevPAR for the portfolio. Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused primarily on owning premium-branded, select-service hotels in the Upscale segment of the lodging industry.  As of August 18, 2016, the Company's portfolio consisted of 80 hotels with a total of 10,751 guestrooms located in 23 states.

  • Summit Hotel Properties, Inc. :INN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016
    Capital Cube26 days ago

    Summit Hotel Properties, Inc. :INN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016

    Categories: Yahoo Finance Click here to see latest analysis Summit Hotel Properties, Inc. reports financial results for the quarter ended June 30, 2016. We analyze the earnings along side the following peers of Summit Hotel Properties, Inc. – Chesapeake Lodging Trust, LaSalle Hotel Properties, RLJ Lodging Trust, Hersha Hospitality Trust Class A, Pebblebrook Hotel Trust and FelCor Lodging ... Read more (Read more...)