Summit Hotel Properties, Inc.

Summit Hotel Properties is a publicly traded real estate investment trust headquartered in Austin, Texas, that acquires and owns upscale-branded lodging properties. The company focuses on premium-branded hotel assets with streamlined operating models, targeting the upper-mid to upscale segments of the lodging market. As of November 2025, the portfolio comprised 95 assets containing 14,347 guestrooms distributed across 24 states, with 52 properties held as wholly owned assets.

Revenue is generated through room rentals, food and beverage operations, and ancillary lodging services at its branded hotel properties. The company operates a relatively lean corporate structure with 85 full-time employees managing the portfolio and overseeing property-level operations. Summit's geographic diversification across multiple states reduces concentration risk, while its focus on premium-branded properties aligns with demand from business and leisure travelers seeking mid-to-upper tier accommodations.