INN News and Press, Summit Hotel Properties Inc. From 01/26/21

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

Vaccinations are now ramping at over 1.1 million immunizations per day. Vaccinations plus survivors, when added to estimates of asymptomatic (unreported) infections, gives a more robust view of growing national immunity. At the current rate of vaccination, we are within 60 days of...

Summit Hotel Properties Announces Fourth Quarter And Full Year 2020 Earnings Release Date PR Newswire AUSTIN, Texas , Jan. 18, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results...

Summit Hotel Properties, Inc. Announces Exercise in Full of Underwriters' Over-allotment Option and Subsequent Closing of Public Offering of 1.50% Convertible Senior Notes Due 2026 PR Newswire AUSTIN, Texas , Jan. 12, 2021 /PRNewswire/ -- Summit Hotel Proper...

Summit Hotel Properties (INN) has priced $250M of its 1.50% convertible senior unsecured notes due February 15, 2026.Offering is expected to close on January 12.Underwriters' over-allotment is an additional $37.5M.The company intends to use a portion of the net proceeds to pay the c...

Summit Hotel Properties, Inc. Prices Public Offering of 1.50% Convertible Senior Notes Due 2026 PR Newswire AUSTIN, Texas , Jan. 8, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced the pricing on January 7, ...

Gainers: Social Capital Hedosophia Holdings (IPOE) +61%. Marathon Patent Group (MARA) +37%. Jianpu Technology (JT) +18%. Lion Group Holding (LGHL) +18%. Star Peak Energy Transition (STPK) +17%.Losers: Broadway Financial (BYFC) -10%. Summit Hotel Properties (INN) -10%. Encore Capital Group (EC...

Gainers: [[SOS]] +63.9%. [[XNET]] +23.7%. [[TEN]] +11.2%. [[CERS]] +8.9%. [[SITM]] +8.3%.Losers: [[GBTC]] -8.9%. [[PLYA]] -7.5%. [[UUU]] -6.5%. [[INN]] -6.4%. [[HARP]] -5.8%. For further details see: SOS, XNET, UUU and PLYA among after-hours movers

Summit Hotel Properties (INN) launched an underwritten public offering of $200M aggregate principal amount of its Convertible Senior Notes due 2026.Underwriters granted a 13-day option to purchase up to an additional $30M aggregate principal amount.Company intends to use a portion of the net ...

Summit Hotel Properties, Inc. Launches Public Offering of Convertible Senior Notes Due 2026 PR Newswire AUSTIN, Texas , Jan. 6, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has launched an underwritte...