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Key Stock Data
The current last sale of $10.74 is 0.56% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 10.97||$ 16.15|
|Low:||$ 10.66||$ 10.68|
Company Description (as filed with the SEC)
Unless the context otherwise requires, all references to "we", "us," "our," or the "Company" refer to Summit Hotel Properties, Inc. and its consolidated subsidiaries. Overview Summit Hotel Properties, Inc. is a self-managed hotel investment company that was organized in June 2010 and completed its initial public offering ("IPO") in February 2011. We focus on owning primarily premium-branded, select-service hotels. At December 31, 2017, our portfolio consisted of 83 hotels with a total of 12,242 guestrooms located in 26 states. Except for seven hotels, six of which are subject to ground leases and one of which is subject to a PILOT (payment in lieu of taxes) lease, we own our hotels in fee simple. As of December 31, 2017, 89.4% of our guestrooms were located in the top 50 metropolitan statistical areas ("MSAs"), 95.9% were located within the top 100 MSAs and 99.5% of our hotel guestrooms operate under premium franchise brands owned by Marriott® International, Inc. ... More ...