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Summit Hotel Properties, Inc. (INN) Q3 2021 Results Conference Call November 04, 2021 09:00 AM ET Company Participants Adam Wudel - SVP, Finance, Capital Markets and Treasurer Jon Stanner - President and CEO Trey Conkling - EVP and CFO Conference Call Participants Austin Wurschmidt - KeyBanc ...
Image source: The Motley Fool. Summit Hotel Properties, inc (NYSE: INN) Q3 2021 Earnings Call Nov 4, 2021 , 9:00 a.m. ET Operator Continue reading For further details see: Summit Hotel Properties, inc (INN) Q3 2021 Earnings Call Transcrip...
Summit Hotel Properties (NYSE:INN) entered into a definitive contribution and purchase agreement to acquire a 27-hotel portfolio totaling 3,709 guestrooms, two parking structures and various financial incentives through its existing JV with GIC for total consideration of $822M from Newcr...
Summit Hotel Properties Announces Acquisition of 27-Hotel Portfolio from NewcrestImage High-quality, Well-Located Hotels Complement Existing Portfolio Acquisition Significantly Expands Company's Presence in High-Growth Sun Belt Markets Accretive to Earnings and Leverage-...
Summit Hotel Properties Declares Third Quarter 2021 Preferred Dividends PR Newswire AUSTIN, Texas , Oct. 29, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Compan...
We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...
Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...
Host Hotels & Resorts has experienced a nice turnaround as of late, with financial performance roaring higher. The company still has plenty of room that it needs to run in order to fully recover, but it's well on its way. Shares appear to be attractive priced now and should be...
US Tourism demand for 2021 is slated to rise 33.4%, with an additional 14.4% added in 2022. Hotel RevPAR outlook is +47.3% for 2021, with an additional 19.7% in 2022. COVID rates are dropping in Park's key US markets: Honolulu, Kona, San Francisco, New York City, Miami, Orlando, Key W...
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...
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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...