Summit Hotel Properties, INC

Summit Hotel Properties, Inc. has entered into a Second Amended and Restated Senior Credit Facility totaling $650 million, replacing its prior agreement and introducing new terms for its operating partnership.

Summit Hotel Properties announced the resignation of CFO William Conkling, effective June 15, 2026, with CEO Jonathan Stanner assuming interim financial oversight.

Summit Hotel Properties, Inc. announced the results of its Annual Meeting of Stockholders, including the election of eight directors, ratification of Ernst & Young LLP, and advisory approval of executive compensation.

Summit Hotel Properties reported a net loss of $10.4 million for Q1 2026 while increasing its full-year guidance due to positive RevPAR growth.

Summit Hotel Properties reported net losses for Q4 and full year 2025, but management expresses optimism for strengthening fundamentals in 2026 driven by special events and corporate demand.

Summit Hotel Properties, Inc. and its operating partnership amended four credit agreements, reducing interest expenses by eliminating a 0.10% credit spread adjustment to the Term SOFR rate.

Summit Hotel Properties reported a net loss of $5.9 million for the first quarter of 2026, impacted by asset sales and refinancing costs.

Summit Hotel Properties, Inc. reported a net loss for Q3 2025 and the nine months ended September 30, 2025, driven by reduced same-store RevPAR and increased operating expenses, despite strategic debt refinancing and a share repurchase program.

Summit Hotel Properties, Inc. reported a net loss for Q2 2025 and a decline in key operating metrics, though strategic debt refinancings extend maturities.

Summit Hotel Properties reports a slight increase in same-store RevPAR for Q1 2025, driven by stable business transient and group demand, despite a decrease in total revenues due to property dispositions and acquisitions.

Summit Hotel Properties' third quarter 2024 results show a slight decrease in revenue, but an increase in RevPAR driven by strong group travel and improvements in business transient demand.

Summit Hotel Properties saw a positive second quarter with increased revenue and RevPAR, driven by strong group travel and improvements in business transient demand.

Summit Hotel Properties, Inc. reported a net loss and declines in key operating metrics for 2025, navigating macroeconomic uncertainties and reduced travel demand.

Summit Hotel Properties' FY24 results showcase strategic portfolio management and growth initiatives amidst evolving market conditions.

Summit Hotel Properties, Inc. outlines the details of its registered securities, including common and preferred stock, in its latest 10-K filing.

Director Bjorn R.L. Hanson acquired 22,293 shares of Summit Hotel Properties, Inc. common stock on May 20, 2026.

Director Kenneth J. Kay acquired 22,293 shares of Summit Hotel Properties, Inc. common stock on May 20, 2026.

Director Amina Belouizdad acquired 22,293 shares of Summit Hotel Properties, Inc. common stock on May 20, 2026.

Director Mehulkumar Bhikhubhai Patel acquired 22,293 shares of Summit Hotel Properties, Inc. common stock on May 20, 2026.

Director Hope S. Taitz acquired 22,293 shares of Summit Hotel Properties, Inc. common stock on May 20, 2026.

Director Thomas W. Storey acquired 22,293 shares of Summit Hotel Properties, Inc., bringing his total direct ownership to 253,630 shares.

Summit Hotel Properties, Inc. announces its 2026 annual meeting of stockholders to address director elections, auditor ratification, and executive compensation, alongside a review of 2025 financial and strategic achievements.

Summit Hotel Properties, Inc. files a definitive proxy statement with the SEC.

Summit Hotel Properties invites stockholders to its 2025 annual meeting on May 21, 2025, to vote on director elections, auditor ratification, and executive compensation.

Summit Hotel Properties, Inc. has filed a definitive proxy statement with the SEC.

Summit Hotel Properties is asking stockholders to approve the 2024 Equity Incentive Plan, which will replace the existing 2011 plan and aims to align executive compensation with long-term stockholder interests.

Prudential Financial, Inc. has reported a significant beneficial ownership of 10.8% in Summit Hotel Properties, Inc., holding over 11.6 million shares.

Jennison Associates LLC has increased its beneficial ownership in Summit Hotel Properties Inc. to 10.8%, holding 11,653,415 shares.

Vanguard Portfolio Management has reported beneficial ownership of 6.1% of Summit Hotel Properties Inc.'s common stock as of March 31, 2026.

The Vanguard Group has reported a 0% beneficial ownership in Summit Hotel Properties Inc. following an internal realignment, disaggregating its reporting.

Long Pond Capital, LP and its affiliates have disclosed a beneficial ownership of 8.38% in Summit Hotel Properties, Inc., totaling 9.4 million shares.

State Street Corporation has reported a beneficial ownership of 4.4% in Summit Hotel Properties Inc.'s common stock as of June 30, 2025.