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U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...
Summit Hotel Properties Publishes Its Corporate Responsibility Report For 2020 PR Newswire AUSTIN, Texas , Oct. 4, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has published its annual Corporate Respo...
Summit Hotel Properties Announces Third Quarter 2021 Earnings Release Date PR Newswire AUSTIN, Texas , Sept. 28, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the thi...
U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...
U.S. equity markets posted their biggest weekly declines since mid-June amid mounting worries that economic growth has hit a soft patch and continued dislocations and inflation throughout global supply chains. Declining in all four trading sessions of the choppy holiday-shortened week...
As August 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 3.95% to 9%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal “CD...
U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...
In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...
Summit Hotel Properties Achieves Top Accolade From CONNECT 2020 Marriott Awards PR Newswire AUSTIN, Texas , Aug. 9, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") is proud to announce that it has been recognized as the Renovat...
U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...
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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...