U.S. markets open in 1 hour 42 minutes

Summit Hotel Properties, Inc. (INN-PD)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
22.14+0.10 (+0.45%)
At close: 3:59PM EDT
Sign in to post a message.
  • P
    Perry
    Hotel occupancy improving yet people are still selling the stock. Makes no sense. Labor Day weekend, hurricanes, and displaced people from wildfires show hotel demand has increased.
    Bullish
  • B
    Birch
    someone is buying.. why aren't you??? table is turning... people are moving and workers are traveling.. tick tock time to buy this stock...
  • B
    Birch
    hello.. anyone out there?? nice gain today.. wondering if I am the only one who owns this stock... hello??
    Bullish
  • B
    Birch
    pretty nice movement AGAIN in Pre-market.. WHO is buying the large chunks of shares???
  • B
    Birch
    hello??
  • P
    Perry
    Book value is over $10/share. Occupancy rate is now over 50% and has been rising 17 out of the last 18 weeks. No reason to sell.
    Bullish
  • J
    Jery
    Hmmm! I accept the idea that any legitimate vaccine with bolt the stock up. But when? Soon? Maybe.
  • P
    Perry
    The worst is behind us. Next quarter will be better. Management said they were bullish on the prospects of the business.
    Bullish
  • P
    Perry
    Average hotel room occupancy now up to 48.1% as of last week.
  • P
    Perry
    Average hotel room occupancy for last week was 45.6%. This has been increasing for 11 straight weeks since mid April.
    Data from STR (formerly Smith Travel Research).
    Bullish
  • J
    Jack
    No Friday dump before close. Nice!
  • D
    David
    I have made a little off INN this past month but thinking about dropping the hammer and going all in. Any bad news lingering that I may need to know about? Appreciate any advice!!!
  • B
    BAGHOLDER HUMPER
    No one paying much attention...decent earnings...decent dividend...strong support at 13...probably deserves a few bucks in the IRA.
  • P
    Perry
    Backing up the truck!

    If you look at the data provided by STR, you can see the occupancy rate bottomed in April at 22%. As of June 13th, the average rate is up to 41.7% and is rising steadily. This average is from all hotel rooms, not just Summit. The year ago average at this time was 73.6%.
    I don’t think hotels will close again even if the virus numbers continue to rise.
  • B
    BAGHOLDER HUMPER
    Improving volume and respectable chart suggesting a move back towards $15 short term.
  • J
    John
    AWESOME buying opportunity!!
  • u
    uriahd
    If you get a phone call from someone claiming to be from summit hotel properties DO NOT say the word "yes." Just got a call and I always avoid using that word when a company calls. They tries way to hard to get me to say that word and I think it's a scam to record me saying that word. Be careful.
  • J
    Jdiaz
    yeah sounds good ..few weeks ago went up to 9 now is at 5..i think is time to load the boat up
  • B
    Bo
    Great earnings and liquidity! Here we go!
  • P
    Perry
    This will go straight up to $10 once the dividend is reinstated.