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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

Bullboard Posts
Post by 160kon Mar 01, 2010 6:53pm
351 Views
Post# 16831330

gwplant: I defer to an expert.

gwplant: I defer to an expert.P.S. the stock is hardly a "microcap" otherwise it would be on the Venture Board. It's a business which depends on discretionary income and the last 2-3 years haven't exactly been our best, in generations.  If you're out of a job or been cut-down or are hurting from other losses, or you are a businessman whose company has now curtailed the excesses of the past,  taking a trip may not be your first priority in life.  I see it hit 5.75$ today.  I'll just defer to you, you're the MAN in the know.  Everyone today is an expert and the internet has crated a society of technical robots who just can't interact with humans much anymore.  People can't even have a bowel movement without their toy phones held in one of their palms, at the same time and from the minute they get up to the minute they retire at night  many won't let it go even when they do.  Welcome to the world of the human robot dictated to and controlled by the hi-tech industry.  There must be a thinking person around somewhere...but where?
Bullboard Posts