Summit Hotel Properties

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Description

Summit Hotel Properties, Inc. is a lodging real estate investment trust (REIT). The Company is focused on owning premium-branded, select-service hotels primarily in the upscale segment of the United States lodging industry.

The Company's portfolio consists of approximately 101 hotels, 61 of which are wholly owned, with a total of approximately 15,227 guestrooms located in 24 states. The Company's hotels are located in markets, such as business and corporate headquarters, retail centers, airports, state capitols, convention centers and leisure attractions.

The Company's portfolio is located in urban and suburban markets. Its hotels operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt) and InterContinental Hotels Group (IHG).

Website

http://www.shpreit.com

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7 May 2022

Business

The US stock market closed lower on Friday: Key indices down

Stock market before the weekend The US stock market ended Friday's trading lower on the back of neg...

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