INN News and Press, Summit Hotel Properties Inc. From 07/12/21

Summit Hotel Properties Completes Acquisition of Residence Inn by Marriott Steamboat Springs PR Newswire AUSTIN, Texas , July 12, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has completed the previous...

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

Summit Hotel Properties Announces Second Quarter 2021 Earnings Release Date PR Newswire AUSTIN, Texas , June 30, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the seco...

Fueled by vaccines and fiscal firepower, the United States has emerged as the clear global leader of the post-pandemic economic recovery, powering a robust recovery in domestic leisure travel. TSA data showed that domestic travel has recovered to 75% of pre-pandemic levels after botto...

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Photo by zeljkosantrac/E+ via Getty Images Summit Hotel Properties (INN) enters into a definitive agreement to acquire the 110-guestroom Residence Inn by Marriott Steamboat Springs for $33M through its joint venture with GIC. The transaction is expected to settle late in Q2 Alterra Mountain C...

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...