Summit Hotel Properties Inc T.INN.UN

Primary Symbol: INN Alternate Symbol(s): INN.P.F

Summit Hotel Properties, Inc. is a real estate investment trust. The Company is focused on owning premium-branded lodging properties with operating models primarily in the upscale segment of the lodging industry. Its portfolio consists of approximately 99 assets, 56 of which are wholly owned, with a total of 14,785 guestrooms located in 24 states. Its properties are located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. Its guestrooms operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt), and InterContinental Hotels Group (IHG). It holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). Substantially, all of its assets are held by, and all of its operations are conducted through, the Operating Partnership.

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Summit Hotel Properties Inc

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Comment by claritason Jan 26, 2008 4:27pm

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Post# 14267688

RE: $7.82 some fool sells and gets nothing:

Why do you call the sellers 'fools'? Have you not considered that the Company is paying out more than 100% of cash flow. The potential is there, but don't call sellers fools when they are not comfortable with the payout ratio. Do some homework.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle