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INN-PF| Name | Value |
|---|---|
| Revenues | 177.4M |
| Cost of Revenue | 153.8M |
| Gross Profit | 23.7M |
| Operating Expense | 6.6M |
| Operating I/L | 17.1M |
| Other Income/Expense | -20.6M |
| Interest Income | 0.5M |
| Pretax | -20.1M |
| Income Tax Expense | 1.1M |
| Net Income/Loss | -11.9M |
Summit Hotel Properties, Inc. is a real estate investment trust specializing in owning and operating premium-branded hotels in the Upscale segment of the lodging industry. With a portfolio of 72 hotels, 67 of which are wholly owned, the company generates revenue through the efficient operation of 11,288 guestrooms located in 23 states. By focusing on upscale properties with efficient operating models, Summit Hotel Properties aims to maximize profitability and deliver value to its shareholders.
