AUSTIN, Texas, March 31, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it has successfully closed on a new $275 million senior unsecured term loan (the "Term Loan").  The Company expects to utilize future proceeds from the Term Loan to repay the majority of the Company's outstanding $287.5 million 1.50% Convertible Senior Notes maturing in February 2026.  The Term Loan includes a delayed draw feature available to the Company through March 1, 2026, that will enable the Company to preserve the attractive 1.50% interest rate on the Convertible Senior Notes through the scheduled maturity date.

AUSTIN, Texas, March 26, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the first quarter of 2025 on Wednesday, April 30, 2025, after the market closes. The Company will conduct its quarterly conference call on Thursday, May 1, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link.  A replay of the webcast will be available in

Full Year Operating Income Increases to $103.5 million Full Year Adjusted EBITDAre Grows to $192.2 million; AFFO increases 5.6% to $0.96 per share Completed Over $200 Million of Accretive Transaction Activity in 2024 AUSTIN, Texas, Feb. 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and twelve months ended December 31, 2024. "We are pleased with our fourth quarter and full-year 2024 financial results, driven by pro forma RevPAR growth that exceeded industry average growth for the third consecutive year,

Wolfe Research initiated coverage of Summit Hotel with a rating of Peer Perform

Robert W. Baird downgraded Summit Hotel from Outperform to Neutral and set a new price target of $8.00

CapitalOne downgraded Summit Hotel from Overweight to Equal Weight and set a new price target of $10.00 from $14.00 previously

4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)

4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)

4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)

DEFA14A - Summit Hotel Properties, Inc. (0001497645) (Filer)

DEF 14A - Summit Hotel Properties, Inc. (0001497645) (Filer)

8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)

AUSTIN, Texas, Jan. 31, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) ("Summit" or the "Company") today announced that Craig J. Aniszewski, its Executive Vice President and Chief Operating Officer, plans to retire from the Company on March 1, 2022.  In his 25 years with Summit and its predecessor, Mr. Aniszewski has been integral to the Company's success through his leadership of Summit's operations, design and construction functions.  Jonathan P. Stanner, the Company's President and Chief Executive Officer, noted, "I want to sincerely thank Craig for his trem

AUSTIN, Texas, Dec. 7, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that Dan Hansen will retire from his role as the Company's Executive Chairman effective December 31, 2021.  Mr. Hansen will continue to serve on the Company's Board of Directors for the remaining term of his current nomination through the 2022 annual meeting of stockholders.  Jeff Jones, currently the Company's Lead Independent Director, will assume the role of Non-Executive Chairman of the Board effective January 1, 2022. "It has been a tremendous privilege to

AUSTIN, Texas, April 13, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced Ms. Amina Belouizdad will be appointed to the Company's Board of Directors (the "Board") effective May 13, 2021 following the annual meeting of the Company's stockholders. With the appointment, the Company's Board will increase to eight members, six of whom being independent, including Ms. Belouizdad. Ms. Belouizdad will sit on the Board's Nominating and Corporate Governance and Compensation Committees. "On behalf of the Board of Directors and the Summit exec

AUSTIN, Texas, March 26, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the first quarter of 2025 on Wednesday, April 30, 2025, after the market closes. The Company will conduct its quarterly conference call on Thursday, May 1, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link.  A replay of the webcast will be available in

Full Year Operating Income Increases to $103.5 million Full Year Adjusted EBITDAre Grows to $192.2 million; AFFO increases 5.6% to $0.96 per share Completed Over $200 Million of Accretive Transaction Activity in 2024 AUSTIN, Texas, Feb. 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and twelve months ended December 31, 2024. "We are pleased with our fourth quarter and full-year 2024 financial results, driven by pro forma RevPAR growth that exceeded industry average growth for the third consecutive year,

AUSTIN, Texas, Jan. 23, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2024, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's fourth quarter common dividend represents an annualized dividend yield of 4.8 percent based on the closing price of shares of the common stock on January 22, 2025.

SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)

SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)

SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)