Summit Hotel Properties, Inc.INN
What Summit Hotel Properties, Inc. does.
Unless the context otherwise requires, all references to “we,” “us,” “our,” or the “Company” refer to Summit Hotel Properties, Inc. and its consolidated subsidiaries.
Summit Hotel Properties, Inc. is a self-managed lodging property investment company that was organized on June 30, 2010 as a Maryland corporation. The Company holds both general and limited partnership interests in Summit Hotel OP, LP (the “Operating Partnership”), a Delaware limited partnership also organized on June 30, 2010. We focus on owning lodging properties with efficient operating models that generate strong margins and investment returns. At December 31, 2025, our portfolio consisted of 95 lodging properties with a total of 14,347 guestrooms located in 24 states. We own our properties fee simple, except for six hotel properties which are subject to ground leases. As of December 31, 2025, we own 100% of the outstanding equity interests in 52 of our lodging properties. We own a 51% controlling interest in 40 lodging properties through a joint venture with USFI G-Peak Pte. Ltd. (“GIC”), a private limited company incorporated in the Republic of Singapore, (the “GIC Joint Venture”), and two 90% equity interests in separate joint ventures (the “Brickell Joint Venture” and the “Onera Joint Venture”). The Brickell Joint Venture owns two lodging properties, and the Onera Joint Venture owns one lodging property.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $234.5M | $361.9M | $675.7M | $736.1M | $731.8M | $729.5M |
| Net income | -$143.3M | -$65.6M | $1.5M | -$9.5M | $43.6M | -$5.1M |
| Free cash flow | -$64.7M | $45.7M | $93.1M | $64.1M | $77.0M | $73.6M |
More on INN.
- Summit Hotel Properties, Inc. summary
- Summit Hotel Properties, Inc. financial statements
- Summit Hotel Properties, Inc. key metrics
- Summit Hotel Properties, Inc. health scores and style box
- Summit Hotel Properties, Inc. earnings
- Summit Hotel Properties, Inc. dividends
- Summit Hotel Properties, Inc. valuation
- Summit Hotel Properties, Inc. ownership and insiders
- Summit Hotel Properties, Inc. peers
Figures from Summit Hotel Properties, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.