INN News and Press, Summit Hotel Properties Inc. From 02/23/22

Summit Hotel press release (NYSE:INN): Q4 FFO of $0.14 beats by $0.01. Revenue of $106.86M (+121.6% Y/Y) beats by $0.99M. For further details see: Summit Hotel FFO of $0.14 beats by $0.01, revenue of $106.86M beats by $0.99M

SUMMIT HOTEL PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS Nearly $900 Million of High-Growth, Strategic Acquisitions Announced Since Pandemic Onset 2021 Pro Forma RevPAR Grows 55%; Fourth Quarter 2021 RevPAR Recapture Reaches New High PR Newswire ...

Summit Hotel Properties likely has seen the worst of the COVID crisis: the Q3 2021 AFFO represented 90% of the 9M 2021 AFFO. I expect the FY 2021 and 2022 AFFO to show the preferred dividends are very well covered. I wouldn't be surprised to see a 500% coverage ratio. I like the b...

Summit Hotel Properties Announces 2022 Annual Meeting of Stockholders PR Newswire AUSTIN, Texas , Feb. 18, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2022 Annual Meeting of Stockholders will be held T...

Summit Hotel Properties Announces Retirement of Craig Aniszewski as Chief Operating Officer PR Newswire AUSTIN, Texas , Jan. 31, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) ("Summit" or the "Company") today announced that Craig J. Anisze...

SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2021 PREFERRED DIVIDENDS PR Newswire AUSTIN, Texas , Jan. 28, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and ...

Summit Hotel Properties' President & CEO Jonathan Stanner Named to American Hotel & Lodging Association Board of Directors Summit Hotel Properties' President & CEO Jonathan Stanner Named to American Hotel & Lodging Association Board of Directors PR Newswire ...

Summit Hotel Properties Completes Acquisition of NewcrestImage Portfolio PR Newswire AUSTIN, Texas , Jan. 13, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company" or "Summit") today announced that it has completed an initial closing ...

SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , Jan. 5, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial result...

SUMMIT HOTEL PROPERTIES COMPLETES ACQUISITION OF EMBASSY SUITES BY HILTON TUCSON / PALOMA VILLAGE PR Newswire AUSTIN, Texas , Jan. 4, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it completed the acquisition ...