SUMMIT HOTEL PROPERTIES,INC. (NYSE:INN) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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SUMMIT HOTEL PROPERTIES,INC. (NYSE:INN) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On May 3, 2017, Summit Hotel Properties, Inc. (the “Company”) issued a press release announcing the consolidated operating results of the Company and its subsidiaries for the quarter ended March 31, 2017.

A copy of the press release is furnished as Exhibit 99.1 to this report.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release issued on May 3, 2017.


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 82 hotels with over 11,095 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.

SUMMIT HOTEL PROPERTIES, INC. (NYSE:INN) Recent Trading Information

SUMMIT HOTEL PROPERTIES, INC. (NYSE:INN) closed its last trading session down -0.08 at 16.92 with 514,339 shares trading hands.