SUMMIT HOTEL PROPERTIES REIT INC (INN)
Real Estate · Hotel REITs / Lodging Property Investment · NYSE
Summit Hotel Properties is an upscale lodging REIT owning 95 premium-branded hotels across major U.S. metros, focused on efficient operations and capital allocation to drive long-term returns.
What SUMMIT HOTEL PROPERTIES REIT INC does
Summit Hotel Properties is a self-managed REIT that owns and operates a portfolio of 95 upscale lodging properties with 14,347 guestrooms across 24 states, primarily under premium franchise brands including Marriott, Hilton, Hyatt, and IHG. The company focuses on lodging properties in desirable metropolitan locations with efficient operating models and strong margins, generating revenue through room rates, food and beverage, and other ancillary services. It owns 100% of 52 properties and maintains controlling or significant interests in additional properties through joint ventures, including a 51% stake in a joint venture with GIC.
Themes: ["Hotel REIT operations","Premium hospitality brands","Metropolitan markets / top-50 MSAs","Asset and revenue management","Joint venture partnerships"]
Fundamentals
- Price$6.48 as of 2026-07-09 close
- Market cap$792M as of 2026-07-10
- 1-year return+20.4% as of 2026-07-09 close
- Net margin-1.5% as of 2026-07-10
- Gross margin+40.6% as of 2026-07-10
- ROE-1.3% as of 2026-07-10
- Debt / equity1.66 as of 2026-07-10
- Revenue growth (YoY)+0.3% as of 2026-07-10
- Revenue CAGR (3y)+2.6% SEC XBRL
- Beta1.25 as of 2026-07-10
Dividend: yield +4.9%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant leverage with debt of $1.4 billion against total assets of $2.75 billion, creating refinancing and interest rate risk in a rising rate environment","Currently unprofitable with negative net margin of -1.48% and net losses attributable to common stockholders, coupled with ongoing depreciation and property write-downs","Dependence on third-party property management companies and franchise operators (Marriott, Hilton, Hyatt, IHG), with exposure to franchise agreement renewals and brand performance"]
Competitors & peers
- Apple Hospitality REIT (APLE)
- RLJ Lodging Trust (RLJ)
- Chatham Lodging Trust (CLDT)
- Park Hotels & Resorts (PK)
- Xenia Hotels & Resorts (XHR)
- Ashford Hospitality Trust (AHT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.