Summit Hotel Properties

Summit Hotel Properties, Inc. (NYSE: INN) is a publicly traded real estate investment trust headquartered in Austin, Texas. We are focused on acquiring and owning premium-branded select-service hotels in the upscale and upper-midscale segments of the lodging industry. Our current portfolio consists of 95 hotels with a total of 12,175 guestrooms located in 24 states. Our hotels are located in markets in which we have extensive experience and that exhibit multiple demand generators, such as business and corporate headquarters, retail centers, airports and tourist attractions.
Company Growth (employees)
Type
Public
HQ
Bee Cave, US
Founded
2004
Size (employees)
44 (est)+10%
Summit Hotel Properties was founded in 2004 and is headquartered in Bee Cave, US

Summit Hotel Properties Office Locations

Summit Hotel Properties has an office in Bee Cave
Bee Cave, US (HQ)
100 12600 Hill Country Blvd

Summit Hotel Properties Data and Metrics

Summit Hotel Properties Financial Metrics

Summit Hotel Properties's revenue was reported to be $473.9 m in FY, 2016 which is a 2% increase from the previous period.
USD

Revenue (FY, 2016)

473.9 m

Revenue growth (FY, 2015 - FY, 2016), %

2%

Net income (FY, 2016)

108.3 m

EBIT (FY, 2016)

82.5 m

Market capitalization (21-Jul-2017)

1.7 b

Cash (31-Dec-2016)

34.7 m
Summit Hotel Properties's current market capitalization is $1.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

299 m403.5 m463.5 m473.9 m

Revenue growth, %

35%15%2%

Gross profit

100.6 m142 m167.6 m

Gross profit Margin, %

34%35%36%

Operating expense total

67.4 m94.8 m87.6 m391.4 m

EBIT

33.2 m47.2 m80 m82.5 m

EBIT margin, %

11%12%17%17%

Interest expense

10 m27 m30.4 m28.1 m

Interest income

1 k

Pre tax profit

21.2 m125.8 m106.8 m

Income tax expense

2.3 m(744 k)(553 k)1.5 m

Net Income

5.9 m20.9 m125.3 m108.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

46.7 m38.6 m29.3 m34.7 m

Accounts Receivable

7.2 m11.8 m

Total Assets

1.3 b1.5 b1.6 b1.7 b

Accounts Payable

7.6 m7.3 m2.9 m4.6 m

Total Liabilities

705 m

Preferred Stock

20 k20 k20 k

Additional Paid-in Capital

882.9 m888.2 m894.1 m1 b

Total Equity

822.4 m785.2 m856.9 m1 b

Financial Leverage

1.6 x1.9 x1.8 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

5.9 m20.9 m125.3 m108.3 m

Depreciation and Amortization

21.6 m65.3 m64.1 m72.4 m

Accounts Receivable

(1.7 m)(2.7 m)

Accounts Payable

9.3 m1.1 m1.7 m

Cash From Operating Activities

72.4 m102.1 m132.2 m137.9 m

Cash From Investing Activities

(467.4 m)(200.5 m)(131.1 m)(154.4 m)

Dividends Paid

(56.6 m)(57.6 m)(66.7 m)

Cash From Financing Activities

427.7 m90.3 m(10.4 m)21.9 m
Y, 2016

Financial Leverage

1.7 x

Summit Hotel Properties Market Value History

Summit Hotel Properties Online and Social Media Presence

Summit Hotel Properties Company Life and Culture

You may also be interested in