Company Profile

Summit Hotel Properties Inc. is a hotel owner headquartered in Austin, Texas. A publicly-traded hotel REIT, the company maintains a sizable portfolio of properties across the United States.

Summit Hotel Properties currently owns more than 89 hotels totaling at least 14,577 rooms. The portfolio is concentrated in the upscale segment, which accounts for at least 72 properties and roughly 12,000 rooms. The company also holds at least 13 upper midscale hotels with more than 2,000 rooms, along with a smaller number of upper upscale and midscale properties. Properties in the company's portfolio include the Courtyard | SpringHill Suites Downtown in Indianapolis, Indiana, the Holiday Inn Express & Suites San Francisco Fishermans Wharf in San Francisco, California, and The Nordic Lodge in Steamboat Springs, Colorado.

The firm also serves as developer on select projects. Among the development activity tracked by Lodging Development, Summit Hotel Properties is associated with at least one project in active development — the Park Hotel on the Plaza in Kansas City, Missouri, an upper upscale property with 123 rooms currently in planning.

Summit Hotel Properties' holdings span at least 25 states, reflecting broad geographic reach across the country, with notable market presence in areas such as Scottsdale, Arizona and Grapevine, Texas.