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Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...
Summit Hotel Properties Declares First Quarter 2021 Preferred Dividends PR Newswire AUSTIN, Texas , April 30, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the ...
Summit Hotel Properties Names William ("Trey") H. Conkling Executive Vice President and Chief Financial Officer PR Newswire AUSTIN, Texas , April 28, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that William ...
Greenlane Holdings (GNLN), Integrated Media Technology Limited (IMTE), and Summit Hotel Properties (INN) are 3 stocks recently downgraded by the POWR Ratings. Patrick Ryan explains why investors should avoid these stocks. The POWR Ratings have been calculated, highlighting stocks that a...
Hotels were struggling before COVID due to a poor industry structure and oversupply. Now that financial stress is added on top, the outlook is rather grim. Despite all this weakness, hotel REITs are trading at a higher than normal multiple. For further details see: Don't...
Summit Hotel Properties Appoints Independent Director PR Newswire AUSTIN, Texas , April 13, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced Ms. Amina Belouizdad will be appointed to the Company's Board of Direct...
Powered by Spring Break demand and accelerated by the vaccine roll-out, the recovery in domestic leisure travel - and hotel occupancy - has picked up meaningfully over the past month. TSA data showed that travel is now at 60% of pre-pandemic levels after bottoming at less than 5%. STR...
Summit Hotel Properties Announces First Quarter 2021 Earnings Release Date PR Newswire AUSTIN, Texas , March 22, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the firs...
U.S. equity markets were broadly lower on a choppy week after encouraging coronavirus data and positive vaccine news triggered a "reopening rotation" that sent Treasury yields soaring to mid-pandemic highs. Declining for the second-straight week, the S&P 500 retreated by 2.5%, whi...
Image source: The Motley Fool. Summit Hotel Properties Inc (NYSE: INN) Q4 2020 Earnings Call Feb 24, 2021 , 11:00 a.m. ET Operator Continue reading For further details see: Summit Hotel Properties Inc (INN) Q4 2020 Earnings Call Transcrip...
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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...