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Summary COVID hit Hotel REITs extra hard, but this year has seen a great deal of leisure travel within the U.S. As a result, Hotel REITs are the fourth-best performing REIT sector of 2022 thus far. The forecast for earnings growth is outstanding, all across the Hotel REIT sect...
Summit Hotel ( NYSE: INN ) had declared $0.04/share quarterly dividend , having reinstated the quarterly dividends after a temporary suspension . Forward yield 1.79% Payable Aug. 31; for shareholders of record Aug. 17; ex-div Aug. 16. See INN Dividend Sco...
Summit Hotel Properties, Inc. (INN) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Adam Wudel - SVP of Finance, Capital Markets and Treasurer Jon Stanner - President & CEO Trey Conkling - EVP & CFO Conference Call Pa...
Summit Hotel press release ( NYSE: INN ): Q2 FFO of $0.27 (vs. $0.08 Y/Y) misses by $0.02 . Revenue of $183.2M (+111.8% Y/Y) beats by $13.47M . For further details see: Summit Hotel FFO of $0.27 misses by $0.02, revenue of $183.2M beats by $13.47M
SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2022 RESULTS PR Newswire Same Store RevPAR Increases 63%; 2019 RevPAR Recapture Reaches New Quarterly High of 94% Accretive Transaction Activity Completed with Miami Brickell Acquisition and San Francisco Hilton Ga...
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. ...
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SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2024 RESULTS PR Newswire Net Income Increases to $30.8 Million for Second Quarter 2024 Adjusted EBITDAre Grows 6% to Reach All-Time Quarterly Record High of $55.9 Million Adjusted FFO Increases 10% to $0....
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2024 DIVIDENDS PR Newswire AUSTIN, Texas , July 25, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has dec...
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , June 24, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the seco...