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INN-PE| Name | Value |
|---|---|
| Revenues | 172.3M |
| Cost of Revenue | 106.0M |
| Gross Profit | 66.3M |
| Operating Expense | 49.0M |
| Operating I/L | 16.9M |
| Other Income/Expense | -30.0M |
| Interest Income | 0.0M |
| Pretax | -13.1M |
| Income Tax Expense | -1.0M |
| Net Income/Loss | -12.1M |
Summit Hotel Properties, Inc. is a real estate investment trust specializing in owning premium-branded hotels with efficient operating models, primarily in the Upscale segment of the lodging industry. The company generates revenue through the ownership and operation of 72 hotels, 67 of which are wholly owned, totaling 11,288 guestrooms across 23 states. By providing upscale accommodations and leveraging efficient operating models, Summit Hotel Properties, Inc. aims to capture a share of the premium lodging market and deliver value to its shareholders through the profitable operation of its hotel portfolio.
