Summit Hotel Properties Stock News

Second Quarter Operating Income Increased 27.3% to $28.9 Million; Adjusted EBITDAre Increased 7.7% to $54.8 Million Second Quarter Pro Forma RevPAR Increased 5.0% , Led by Robust ADR Growth of 7.1% Strengthened Balance Sheet with Refinanced $650 Million Senior Credit Facility and S ale of Two Additi onal Hotels AUSTIN, Texas, Aug. 5, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN...

AUSTIN, Texas, July 28, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2026, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's ope...

AUSTIN, Texas, June 30, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully completed the refinancing and upsizing of its senior unsecured credit facility (the "Credit Facility"). The $650 million senior unsecured credit facility is comprised of a $400 million senior unsecured revolving credit facility (the "Revolver"), a $200 ...

AUSTIN, Texas, June 12, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that Executive Vice President and Chief Financial Officer, William ("Trey") Conkling will depart the Company effective June 15, 2026 for personal reasons.  "Trey has been a valued member of our executive leadership team over the past five years, and we appreciate his many cont...

First Quarter Operating Income of $14.1 Million; AFFO of $25.5 Million or $0.21 per Share Increased 2026 Outlook as Sequential RevPAR Improvement Results in Positive First Quarter RevPAR Growth Accretive Capital Recycling Continues with Agreement to Sell the Courtyard and Residence Inn Dallas (Arlington South) AUSTIN, Texas, April 30, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: IN...

AUSTIN, Texas, April 23, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the first quarter ended March 31, 2026, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's op...

AUSTIN, Texas, March 25, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first quarter of 2026 on Thursday, April 30, 2026, after the market closes. The Company will conduct its quarterly conference call on Friday, May 1, 2026, at 12:00 PM ET.