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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 > Hmm, no news yet regarding Debenture Holder meeting?
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Comment by Jmarks1on Jul 13, 2014 9:26pm
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Post# 22740972

RE:RE:RE:RE:RE:Hmm, no news yet regarding Debenture Holder meeting?

RE:RE:RE:RE:RE:Hmm, no news yet regarding Debenture Holder meeting?
Thanks for the reply.
I can certainly see your point as that's one of the items Orange didn't like (all the dilution).
But the price still has to climb another 10% for them to be in the money and the principals could just as easily brought the pps down instead of supporting it at current levels.

They are up to something, we just don't know what at this time....
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