SUMMIT HOTEL PROPERTIES, INC. (NYSE:INN) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
On February 26, 2019, Summit Hotel Properties, Inc. (the Company) issued a press release announcing the consolidated operating results of the Company and its subsidiaries for the fourth quarter and year ended December 31, 2018.
A copy of the press release is furnished as Exhibit 99.1 to this report.
| 99.1 | Press release issued on February 26, 2019. |
Summit Hotel Properties, Inc. Exhibit
EX-99.1 2 tv514728_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 13215 Bee Cave Pkwy,…
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About SUMMIT HOTEL PROPERTIES, INC. (NYSE:INN)
Summit Hotel Properties, Inc. is a real estate investment trust (REIT). The Company is focused primarily on owning premium-branded, select-service hotels in the Upscale segment of the United States lodging industry. The Company’s portfolio consists of 81 hotels with over 10,957 guestrooms located in 23 states. The Company’s hotels are located in markets, such as business and corporate headquarters, retail centers, airports and tourist attractions. The Company’s portfolio is located in urban and suburban markets. Based on total number of guestrooms, approximately 86% of the Company’s portfolio is positioned in over 50 metropolitan statistical areas (MSAs), and approximately 95% is located within over 100 MSAs. Based on total number of guestrooms, approximately 99% of the Company’s hotels operate under franchise brands owned by Marriott International, Inc., Hilton Worldwide, InterContinental Hotels Group, and an affiliate of Hyatt Hotels Corporation.