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INN - Summit Hotel Properties: An Attractive Select-Service REIT
Summit Hotel Properties Inc.
This is part of a series of articles devoted to REITs. Some of my articles were on mortgage REITs, with the others on equity REITs. The focus of this article - Summit Hotel Properties (NYSE: INN) - falls in the latter category. Summit Hotel Properties is a hospitality REIT, more specifically a select-service REIT. I believe the company, at its current valuation, is an attractive one for investors. What particularly attracts me to the company is its dividend yield which, although currently at 6%, still has much room to grow. One other select-service REIT