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 Metrics

Summit Hotel Properties Financial Metrics

Revenue (2016)

$473.9 m

Revenue growth (2015-16), %

2%

Net income (2016)

$108.3 m

Market capitalization (21-Mar-2017)

$1.4 b

Closing share price (21-Mar-2017)

$15.5

Cash (31-Dec-2016)

$34.7 m
Summit Hotel Properties's current market capitalization is $1.4 b.
Summit Hotel Properties's revenue was reported to be $473.9 m in FY, 2016 which is a 2.3% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$299 m$403.5 m$463.5 m$473.9 m

Revenue growth, %

35%15%2%

Gross profit

$100.6 m$142 m$167.6 m

Gross profit Margin, %

34%35%36%

Operating expense total

$67.4 m$94.8 m$87.6 m$391.4 m

EBIT

$33.2 m$47.2 m$80 m$82.5 m

EBIT margin, %

11%12%17%17%

Interest expense

$10 m$27 m$30.4 m$28.1 m

Interest income

$1 k

Pre tax profit

$21.2 m$125.8 m$106.8 m

Income tax expense

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

Net Income

$5.9 m$20.9 m$125.3 m$108.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$46.7 m$38.6 m$29.3 m$34.7 m

Accounts Receivable

$7.2 m$11.8 m

Inventories

Total Assets

$1.3 b$1.5 b$1.6 b$1.7 b

Accounts Payable

$7.6 m$7.3 m$2.9 m$4.6 m

Preferred Stock

$20 k$20 k$20 k

Additional Paid-in Capital

$882.9 m$888.2 m$894.1 m$1 b

Total Equity

$822.4 m$785.2 m$856.9 m$1 b

Financial Leverage

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

Net Income

$5.9 m$20.9 m$125.3 m$108.3 m

Depreciation and Amortization

$21.6 m$65.3 m$64.1 m$72.4 m

Accounts Receivable

($1.7 m)($2.7 m)

Inventories

Accounts Payable

$9.3 m$1.1 m$1.7 m

Cash From Operating Activities

$72.4 m$102.1 m$132.2 m$137.9 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)

Summit Hotel Properties Market Value History

Summit Hotel Properties Online Presence

Summit Hotel Properties Company Life

You may also be interested in