INN News and Press, Summit Hotel Properties Inc. From 04/22/20

To help mitigate the economic effects of COVID-19, Summit Hotel Properties' (NYSE: INN ) cost-savings initiatives include a voluntary 25% reduction of salaries and fees for executive officers and independent directors. More news on: Summit Hotel Properties, Inc., Financial stocks news, ...

AUSTIN, Texas , April 22, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has taken additional steps to enhance its overall liquidity position in light of the operating and financial effects on the Company due to the COVID-19 (Coronav...

AUSTIN, Texas , April 15, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that due to the COVID-19 pandemic, its 2020 Annual Meeting of Stockholders (the "Annual Meeting") will be held at the Company's corporate offices located at 13215 ...

Buckle up. Recounting dividends by the numbers for the U.S. stock market for March 2020 and 2020-Q1 is going to be a rough ride, so let's get straight to the dividend metadata. A total of 3,869 U.S. firms declared dividends in March 2020, an increase of 187 over the 3,682 recorded in Feb...

Summit Hotel Properties (NYSE: INN ) expects to suspend dividends on its common stock and operating partnership starting with Q1 2020, a move that will conserve $19M of cash quarterly. More news on: Summit Hotel Properties, Inc., Financial stocks news, Dividend News, Read more ...

AUSTIN, Texas , March 25, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has taken significant steps to enhance its overall liquidity position in light of the operating and financial effects on the Company due to the COVID-19 (Corona...

Real Estate Weekly Outlook From bad to worse. There were few places to hide on another punishing week for global equity markets as the coronavirus-related shutdowns continued to wreak havoc on the global financial system. Tremors of instability turned into outright earthquakes as a mountin...

Investment Thesis Summit Hotel Properties ( INN ) delivered an unimpressive Q4 2019 with a slight decline in revenue per available room. The REIT has recently acquired several properties through its joint venture platform with GIC, Singapore's wealth fund, and we continue to see a long runwa...

AUSTIN, Texas , March 16, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it is withdrawing its full-year 2020 outlook due to the continued uncertainty and ongoing financial effect of reduced travel demand as a result of the global co...

Actionable Conclusions (1-10): Analysts Estimated 95.77% To 189.05% Net Gains By Top 10 U.S. REITs Come March, 2021 Five of ten top dividend-yielding U.S. Real Estate Investment Trust stocks found their way into the top 10 gainers for the coming year based on analyst one-year target prices...