INN News and Press, Summit Hotel Properties Inc. From 02/16/23

Summary Although Lodging REITs have not rebounded to pre-Covid levels, we thought it would be valuable to provide investors with an update. Keep in mind, we are underweight Lodging, which means that investors should maintain responsible diversification. In this article, we highlight...

Summary U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 a...

Summary U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week whi...

SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2022 DIVIDENDS PR Newswire AUSTIN, Texas , Jan. 26, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has dec...

Summary Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure dema...

SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , Jan. 10, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for...

SUMMIT HOTEL PROPERTIES PUBLISHES 2022 CORPORATE RESPONSIBILITY REPORT PR Newswire AUSTIN, Texas , Nov. 7, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced the publication of its annual Corporate Responsibili...

SUMMIT HOTEL PROPERTIES REPORTS THIRD QUARTER 2022 RESULTS PR Newswire Same Store RevPAR Increases 24%; 2019 RevPAR Recapture Reaches New Quarterly High of 95% Acquisition of High-End Glamping Asset Onera Fredericksburg Completed AUSTIN, Texas , ...

Summit Hotel ( NYSE: INN ) declares $0.3906/share quarterly dividend , 876.5% increase from prior dividend of $0.0400. Forward yield 18.43% Payable Nov. 30; for shareholders of record Nov. 16; ex-div Nov. 15. See INN Dividend Scorecard, Yield Chart, &...

SUMMIT HOTEL PROPERTIES DECLARES THIRD QUARTER 2022 DIVIDENDS PR Newswire AUSTIN, Texas , Oct. 28, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company ...