INN News and Press, Summit Hotel Properties Inc. From 06/07/21

Summit Hotel Properties Announces Pending Acquisition of Residence Inn by Marriott Steamboat Springs PR Newswire AUSTIN, Texas , June 7, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has entered into a...

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

Summit Hotel Properties, Inc. (INN) Q1 2021 Earnings Conference Call May 5, 2021 09:00 AM ET Company Participants Adam Wudel - Senior Vice President of Finance and Capital Markets Jonathan Stanner - President and Chief Executive Officer Conference Call Participants Neil Malkin - Capital One S...

Image source: The Motley Fool. Summit Hotel Properties Inc (NYSE: INN) Q1 2021 Earnings Call May 6, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: Summit Hotel Properties Inc (INN) Q1 2021 Earnings Call Transcript ...

The following slide deck was published by Summit Hotel Properties, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: Summit Hotel Properties, Inc. 2021 Q1 - Results - Earnings Call Presentation

Summit Hotel (INN): Q1 FFO of -$0.09 beats by $0.01.Revenue of $57.85M misses by $1.35M.Press Release For further details see: Summit Hotel FFO beats by $0.01, misses on revenue

Summit Hotel Properties Reports First Quarter 2021 Results Portfolio Demand and RevPAR Accelerate to New Highs Since Onset of Pandemic Six-Hotel Portfolio Contribution to GIC Joint Venture Completed for $172 Million Current Liquidity Bolstered to Nearly $450 Million ...

Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...