Summit Hotel Properties Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Public

  • Employees
  • 74

Employees

  • Stock Symbol
  • INN

Stock Symbol

  • Investments
  • 31

  • Share Price
  • $5.80
  • (As of Friday Closing)

Summit Hotel Properties General Information

Description

Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Real Estate Investment Trusts (REITs)
Stock Exchange
NYS
Primary Office
  • 13215 Bee Cave Parkway
  • Suite B-300
  • Austin, TX 78738
  • United States
+1 (512) 000-0000

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Summit Hotel Properties Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.80 $5.85 $5.40 - $8.80 $624M 108M 804K -$0.17

Summit Hotel Properties Financials Summary

In Thousands,
USD
TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 2,629,130 2,699,029 2,198,809 2,081,360
Revenue 727,454 675,695 361,926 234,463
EBITDA 214,962 220,569 82,212 5,050
Net Income 26 1,466 (65,573) (143,339)
Total Assets 3,033,687 3,022,270 2,264,902 2,233,019
Total Debt 1,477,237 1,477,280 1,087,029 1,113,183
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Summit Hotel Properties Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Summit Hotel Properties Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale an
Real Estate Investment Trusts (REITs)
Austin, TX
74 As of 2022
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Bethesda, MD
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Summit Hotel Properties Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Pebblebrook Hotel Trust Corporation Bethesda, MD 00 000 000000000 000
0000 000000 & 0000 Corporation Bethesda, MD 000 00.00 000000000 00 00.00
0000 000000 & 0000 Corporate Backed or Acquired Tysons, VA 00 00.000 000000000 00 00.000
00000 00000000000 Corporate Backed or Acquired Richmond, VA 00 00.000 000000000 00 00.000
000000 00000000000 Pending Transaction (M&A) Philadelphia, PA 00 00.000 000000&0 00.000
You’re viewing 5 of 8 competitors. Get the full list »

Summit Hotel Properties Executive Team (8)

Name Title Board Seat Contact Info
Jonathan Stanner Chief Executive Officer & Board Member
William Conkling Chief Financial Officer, Finance & Executive Vice President
Christopher Eng JD Chief Risk Officer & Executive Vice President
You’re viewing 3 of 8 executive team members. Get the full list »

Summit Hotel Properties Board Members (9)

Name Representing Role Since
00000 0000000000 0 Self Board Member 000 0000
0000 00000 Self Board Member 000 0000
0000000 00000 Self Chairman & Board Member 000 0000
00000000 0000000 Summit Hotel Properties Chief Executive Officer & Board Member 000 0000
0000000 000 Self Board Member 000 0000
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Summit Hotel Properties Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Summit Hotel Properties Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Summit Hotel Properties Investments & Acquisitions (31)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000000 13-Jan-2022 0000000000 00000 Buildings and Property 00000000
0000000000 (0 07-Oct-2019 0000000000 00000 Buildings and Property 000000 00
0000000 000 & 30-Sep-2019 0000000000 Buildings and Property 000000 00
00000 0000000 31-Jul-2019 00000 0000 Holding Companies 000000 00
Courtyard by Marriott Fort Lauderdale (261-guestroom) 23-May-2017 Corporate Asset Purchase 0000 Buildings and Property 000000 00
You’re viewing 5 of 31 investments and acquisitions. Get the full list »

Summit Hotel Properties Subsidiaries (1)

Company Name Industry Location Founded
000000 00000 000 0 Hotels and Resorts Lone Tree, CO 0000
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Summit Hotel Properties ESG

Risk Overview

Risk Rating

Updated August, 04, 2023

16.17 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,491

Rank

00.00

Percentile

Real Estate

Industry

00 of 1,043

Rank

00.00

Percentile

REITs

Subindustry

00 of 448

Rank

00.00

Percentile

To view Summit Hotel Properties’s complete esg history, request access »