Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 13, 2010 5:49pm
358 Views
Post# 16987764

Another homerun today April 13/10:

Another homerun today April 13/10:A new recovery high close of 6.75$ topped off with a new recovery hi trade of 6.77$ on very healthy volume.  Just been looking over my T3 Trust Allocations from several of my brokers holding my Innvest Units.  Not bad this year considering most of it is ROC.  I can use the tax-break and the reduction in my ACB comes down a bit, something that doesn't bother me either.  So, as a Stapled-REIT, I think investors see Innvest as a continuing tax-advantaged investment vehicle with tremendous recovery potential.  So, why wouldn't they be buying in to it?  Even at these prices, the upside is still about 100% over the longer term (i.e. at least 12.00$, once it has recovered and profitable again).
Bullboard Posts