Summit Hotel Properties, Inc. (INN)
Summit Hotel Properties, Inc. operates in the REIT - Hotel & Motel industry of the Real Estate sector, headquartered in Austin, TX, US. The stock last traded at $5.67, down 0.70% on the session, giving a market capitalisation of $614.4M. On trailing twelve-month figures it carries a trailing P/E of -24.67, a net margin of -1.0%. Its beta of 1.22 implies it has historically moved more than the broad market.
Summit Hotel Properties, Inc. is a publicly listed real estate investment trust (REIT) that concentrates on acquiring and managing premium-branded, efficiently operated hotels, primarily within the upscale segment of the hospitality sector. As of November 3, 2020, the company's diverse portfolio encompassed 72 hotels, 67 of which were wholly owned, providing a total of 11,288 guestrooms situated across 23 U.S. states.
Summit Hotel Properties, Inc. is most often compared with the following Real Estate names: