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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
Comment by 160kon Jul 20, 2011 6:24pm
412 Views
Post# 18854121

RE: From InnVest Investor Relation.

RE: From InnVest Investor Relation.You are right, nothing really changes.  Thank you very much for making the effort to call I.R.  It is a super buying opportunity if you are willing to climb into the trash bin and pull these units back out because that is what these people have done....thrown away their units prematurely and probably for no real g-d-damned reason that makes any sense to me.  It is always the same.  Kneejerk react first....think and reason later.  I have been looking to round out my holding and I think that I may do just that.  Innvest is a long-term investment and is held widely across different institutional platforms.  For example, even Brompton holds a sizeable amount in their Blue Ribbon Fund.  I guarantee everyone here today that major Management were busy buying up every unit they could afford to.  There is no greater endorsement of the future of a company than when Management itself is invested equally with their own shareholders and have as much to lose as their investors.  This is the case with Innvest.  Come to an AGM and just see who comes walking through the door....the makers and shakers of Bay Street, believe me!  

Thanks everyone of the newer posters.  It is nice to have you aboard to communicate our thoughts and feelings and exchange information.  Please do more of it.  160K
Bullboard Posts