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Summit Hotel Properties Inc (INN) Q1 2021 Earnings Call Transcript

·34 min read
Summit Hotel Properties Inc (INN) Q1 2021 Earnings Call Transcript
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Please welcome Summit Hotel Properties' President and Chief Executive Officer, Jon Stanner. Overall, we were extremely pleased with the operating trends we experienced in the first quarter because the gradual and sequential demand improvements we began to see in the summer and fall of last year, accelerated beginning around Presidents' Day weekend when rev par reached a post pandemic high of nearly $90.