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.
Type
Public
HQ
Bee Cave, US
Founded
2004
Size (employees)
40 (est)+3%
Summit Hotel Properties was founded in 2004 and is headquartered in Bee Cave, US

Summit Hotel Properties Office Locations

Summit Hotel Properties has office in Bee Cave
Bee Cave, US

Summit Hotel Properties Metrics

Summit Hotel Properties Summary

Market capitalization

$1.39 B

Closing share price

$16.2
Summit Hotel Properties's current market capitalization is $1.39 B.

Summit Hotel Properties Financials

Summit Hotel Properties's revenue is $463 M in FY, 2015 which is 14.87% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

$463 M$403 M$299 M

Revenue growth, %

14.9%35.0%

Gross profit

$168 M$142 M$101 M

Operating income

$80 M$47.2 M$33.2 M

Operating expense total

$87.6 M$94.8 M$67.4 M

Net Income

$125 M$20.9 M$5.9 M

Operating cash flow

$-9.26 M$-8.13 M$32.7 M

Summit Hotel Properties Market Value History

We estimate that Summit Hotel Properties's current employees are approximately 29% female and 71% male.

Summit Hotel Properties Online Presence

Summit Hotel Properties Company Life