Summit Hotel Properties: Stick To The High-Yield Preferred Shares

2026-01-17 11:40:00 ET

Introduction

As you are probably aware by now, I think the preferred shares in the hospitality sector offer an interesting risk/reward ratio. While that doesn't mean I am a buyer of all hotel REIT preferreds, I have a long position in Chatham’s and RLJ’s preferred stock . I also have a long position in the preferred shares issued by Summit Hotel Properties ( INN ) and as it has been a while since I last looked at this hotel REIT, it's time for an update considering I am rebalancing my portfolio. ...

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