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Summit Hotel Properties Inc (INN.N)

INN.N on New York Stock Exchange

15.36USD
22 Sep 2017
Change (% chg)

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Latest Key Developments (Source: Significant Developments)

Summit Hotel Properties posts Q2 adj. FFO per share $0.42
Tuesday, 2 Aug 2016 04:40pm EDT 

Summit Hotel Properties Inc : Qtrly same-store REVPAR grew to $117.44, an increase of 6.5 percent over same period in 2015 . Qtrly FFO per share $0.37 . Q2 adjusted FFO per share $0.42 . Q2 FFO per share view $0.39 -- Thomson Reuters I/B/E/S . FY2016 FFO per share view $1.31 -- Thomson Reuters I/B/E/S . Summit Hotel Properties Inc qtrly Q3 2016 pro forma REVPAR $112.00 to $114.00 . Summit Hotel Properties Inc sees Q3 2016 adjusted FFO per diluted share and unit $0.32 to $0.34 . Summit Hotel Properties Inc sees full year 2016 pro forma revpar $111.50 to $113.00; sees FY 2016 adjusted FFO per diluted share and unit $ 1.32 to $1.36 .Q3 FFO per share view $0.35 -- Thomson Reuters I/B/E/S.  Full Article

Summit Hotel Properties announces sale of a hotel for $10.5 million
Tuesday, 31 May 2016 05:04pm EDT 

Summit Hotel Properties Inc :Summit Hotel Properties announces the sale of a hotel for $10.5 million.  Full Article

Summit Hotel Properties raises Q2 2016 RevPAR and FFO outlook; and raises FY 2016 RevPAR and FFO outlook
Tuesday, 3 May 2016 04:45pm EDT 

Summit Hotel Properties:Expects Q2 2016 Pro forma RevPARgrowth of 5.0% to 7.0% pct.Expects Q2 2016 RevPAR growth (same-store 74) of 5.0% to 7.0% pct.Expects Q2 2016 adjusted FFO per diluted share and unit of $0.39 - $0.41.Expects FY 2016 Pro forma RevPAR growth of 4.00 pct - 5.50 pct.Expects FY 2016 RevPAR growth (same-store 74) of 4.00 pct - 5.50 pct.Expects FY 2016 adjusted FFO per diluted share and unit of $1.31 - $1.37.  Full Article