Company Profile

Summit Hotel Properties Inc. is an Austin, Texas-based hotel owner and publicly-traded hotel REIT. The company maintains a sizable portfolio of hotel assets concentrated primarily in the upscale segment, with holdings spread across a broad geographic footprint.

Summit Hotel Properties currently owns at least 89 hotels encompassing more than 14,500 rooms. The portfolio is anchored by upscale properties, which account for at least 72 of its holdings with nearly 12,000 rooms. The company also owns at least 13 upper midscale hotels totaling 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, the Holiday Inn Express & Suites San Francisco Fishermans Wharf, and The Nordic Lodge in Steamboat Springs, Colorado.

The firm also serves as developer on select projects, including the Park Hotel on the Plaza in Kansas City, Missouri, an upper upscale property currently in final planning with 123 rooms.

Summit Hotel Properties' holdings span at least 25 states, reflecting a nationally diversified investment strategy with presence in markets including Scottsdale, Arizona and Grapevine, Texas.