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INN| 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 and operating premium-branded hotels in the Upscale segment of the lodging industry. With a portfolio of 72 hotels and 11,288 guestrooms across 23 states, the company generates revenue through the efficient operation of these properties. By focusing on upscale hotels with efficient operating models, Summit Hotel Properties, Inc. aims to provide high-quality accommodations while maximizing profitability for its investors.
