INN News and Press, Summit Hotel Properties Inc. From 07/28/22

Ashford Hospitality Trust has been struggling for a couple of years now, with much of the pain caused by the pandemic. The firm is finally showing nice signs of a turnaround, and shares could end up looking quite cheap. But there are some issues the business is contending with, ma...

Despite recessionary levels of consumer confidence and surging transportation costs, U.S. consumers have continued to travel this summer at rates approaching pre-pandemic levels, powering hotel RevPAR to all-time record highs. Dubbed the 'Summer of Revenge Travel', several years of pe...

SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , July 7, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second qua...

IGR's global diversification helps in mitigating portfolio risk and enables the fund to generate consistent performance over a longer time horizon. IGR pays monthly dividends with a considerable high yield, and the pay-out remains steady despite its price fluctuation. IGR invests ...

Summit Hotel Properties saw its performance continuously improve during Q1. The REIT is digesting a large acquisition and hopefully this will boost the Q2 and Q3 earnings. I like the preferred shares as the dividend coverage ratio and asset coverage ratio appear to be strong. ...

Summit Hotel Properties (NYSE:INN) has completed the previously announced acquisition of the dual-branded 264-guestroom AC Hotel by Marriott & Element Miami Brickell. The Co.'s initial purchase option was based on a gross hotel valuation of $89M, or $337K per key. The Co. funded its 90% e...

Summit Hotel Properties Completes Acquisition of AC Hotel by Marriott & Element Miami Brickell for $89 Million Summit Hotel Properties Completes Acquisition of AC Hotel by Marriott & Element Miami Brickell for $89 Million PR Newswire AUSTIN, Texas , ...

Hersha Hospitality Trust has undergone some big changes recently in what will set the company up for a bright future. Shares are now fundamentally appealing if we assume that financial results will improve back to 2019 levels. Overall, investors would be wise to consider this pros...

Summit Hotel Properties Completes Sale of Hilton Garden Inn San Francisco Airport North for $75 Million PR Newswire AUSTIN, Texas , May 12, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has completed t...

Summit Hotel Properties, Inc. (INN) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Adam Wudel - Senior Vice President of Finance, Capital Markets and Treasurer Jon Stanner - President and Chief Executive Officer Trey Conkling - Executive Vice President and Chief ...