Previous 10 | Next 10 |
Summary Summit is paying out a 7.7% yield to owners of its preferreds who also stand to realize a 14.4% yield to call. Dividend pay-outs to common shareholders remain at a fraction of their pre-pandemic average. This has come against dual beats for FFO and revenue for the lodging RE...
Summit Hotel Properties, Inc. (INN) Q4 2022 Results Conference Call February 28, 2023 09:00 AM ET Company Participants Adam Wudel - Senior Vice President of Finance, Capital Markets and Treasurer Jon Stanner - President and Chief Executive Officer Trey Conkling - Execu...
Summit Hotel press release ( NYSE: INN ): Q4 FFO of $0.25 beats by $0.05 . Revenue of $172.3M (+61.2% Y/Y) beats by $3.12M . Pro forma RevPAR increased 17.9% to $109.01 compared to the fourth quarter of 2021. Sees FY 2023 adj. FFO of $0.92 to $1.05. The consensus...
SUMMIT HOTEL PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS PR Newswire Fourth Quarter 2022 RevPAR Recapture Reaches New High Operating Income Triples Driving Adjusted EBITDAre Growth of 100% to $180.8 Million in 2022 Nearly $1 Billion of ...
Summit Hotel Properties Announces 2023 Annual Meeting of Stockholders PR Newswire AUSTIN, Texas , Feb. 23, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2023 Annual Meeting of Stockholders will be held ...
Summary Although Lodging REITs have not rebounded to pre-Covid levels, we thought it would be valuable to provide investors with an update. Keep in mind, we are underweight Lodging, which means that investors should maintain responsible diversification. In this article, we highlight...
Summary U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 a...
Summary U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week whi...
SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2022 DIVIDENDS PR Newswire AUSTIN, Texas , Jan. 26, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has dec...
Summary Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure dema...
News, Short Squeeze, Breakout and More Instantly...
Summit Hotel Properties Inc. Company Name:
INN Stock Symbol:
NYSE Market:
Summit Hotel Properties Inc. Website:
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...