Summit Hotel Properties, Inc.

Summit Hotel Properties is a real estate investment trust that acquires and owns premium-branded lodging properties concentrated in the upscale segment of the U.S. hotel market. The company generates revenue primarily through room rental income from its hotel portfolio, which operates under established brand flags that provide operational standards and customer recognition.

As of November 2025, the company's portfolio comprised 95 hotel assets with approximately 14,347 guestrooms spread across 24 states. Of these properties, 52 are wholly owned while the remainder represent joint venture or other ownership arrangements. The geographic diversification spans both major metropolitan areas and resort destinations, reflecting a strategy focused on premium-branded properties with established demand generators.

The company operates with a lean corporate structure of 78 full-time employees at its Austin, Texas headquarters, reflecting the typical asset-light model of hotel REITs that rely on third-party management for day-to-day operations at individual properties. Summit is incorporated in Maryland and trades on the New York Stock Exchange.