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Summit Hotel Properties Inc T.INN.UN


Primary Symbol: INN Alternate Symbol(s):  INN.PR.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 96 assets, 54 of which are wholly owned, with a total of 14,256 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.


NYSE:INN - Post by User

Summit Hotel Properties Inc
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Comment by tele8on Sep 23, 2009 7:38am
316 Views
Post# 16330397

RE: Blah, Blah Tele8:

RE: Blah, Blah Tele8:thanks for the insight. initial market response is positive.....  INN has not been  punished for cutting, and new issue has been gobbled up quickly.... it's not the first time I misread an announcement. live and learn !

I'll watch for an entry point

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities