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Source: ClearBridge Investments Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...
REIT Rankings: Hotels (Hoya Capital Real Estate, Co-Produced with Brad Thomas ) Hotel REIT Sector Overview "No vacancy" has become "no occupancy" for Hotel REITs in 2020, which have been hit harder than any property sector during the coronavirus pandemic and resulting economic l...
Investment Thesis Summit Hotel Properties ( INN ) had a poor Q1 2020 due to the outbreak of COVID-19 that started towards the end of the quarter. Fortunately, the outlook of the hotel industry in the U.S. has improved quite a bit as the industry's occupancy ratio has improved from the low 20...
Real Estate Weekly Outlook The "reopening rally" resumed for U.S. equity markets this week as concerns of a "second wave" of the coronavirus pandemic were offset by further evidence of an emerging economic rebound, particularly in the critical U.S. housing sector. The major indexes finishe...
Bank of America reports back from the recent NAREIT conference with a fairly positive update on the level of business activity from hotels and casinos in the early stages of re-openings. More news on: Apple Hospitality REIT, Inc., Boyd Gaming Corporation, Gaming and Leisure Properties, Inc...
Real Estate Earnings Recap Did the rent get paid? Rent collection and dividend cuts were the primary themes of the most newsworthy and consequential REIT earnings season since the Great Financial Crisis. In this Real Estate Earnings Halftime Report, w e break down rent collection statis...
Looking at lodging-specific REITs, I wouldn’t blame you if the Eagles’ “Hotel California” comes to mind. Do you feel as if, as the song goes, you’ve been “on a dark, desert highway” since late February? Are you seeing shimmering lights in ...
Real Estate Weekly Outlook U.S. equity markets reversed last week's gains after Congressional leaders and Federal officials pushed back on plans to end government-mandated lockdowns despite mounting scientific evidence calling into question its effectiveness and amid indications - in...
Summit Hotel Properties (INN) Q1 2020 Earnings Conference Call May 12, 2020 10:00 ET Company Participants Adam Wudel - Investor Relations Dan Hansen - Chairman, President and Chief Executive Officer Jon Stanner - Executive Vice President and Chief Financial Officer Conference ...
Image source: The Motley Fool. Summit Hotel Properties Inc (NYSE: INN) Q1 2020 Earnings Call May 12, 2020 , 10:00 a.m. ET Operator Continue reading
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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...
2024-06-12 14:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2024 RESULTS PR Newswire Operating Income of $23.5 million for First Quarter 2024 Adjusted EBITDAre Grows 10% to $48 .8 million; Adjusted FFO Increases 14% to $0.24 per Share Sale of Three Hotels fo...