Summit Hotels (INN) - Hoya Hotseat

Hoya Capital

Summit Hotels (INN) - Hoya Hotseat In the News All INN Mar 12 Written By Alex Pettee, CFA Hoya Capital Summit Hotels & Resorts (INN) is a small-cap hotel REIT with a portfolio of 97 hotels comprising 14,500 rooms. The company primarily focuses on upscale, select-service hotels across key markets in the United States. Summit’s properties include major brands such as Marriott, Hilton, and Hyatt, with a strong presence in top markets like Dallas, Atlanta, Miami, Phoenix, New Orleans, and Portland.

The portfolio is well-diversified, with 50% of properties located in urban areas, 25% in suburban locations, and 10% each in resort and airport properties. President & CEO Jonathan Stanner joins the Hoya Hotseat to discuss the company’s evolution since its 2011 IPO, its unique focus on upscale limited-service hotels - which facilitates an industry-leading operating margin profile - and the key trends and challenges shaping the future of the hospitality sector.

Continue reading ▶︎ Interviews Press All Hoya Hotseat INN Alex Pettee, CFA Transcript yeah um our company is sum hotel properties uh we're a publicly traded Ling re we own 97 hotels across 43 different markets in 25 States uh we're primarily a franchisee for Marriott Hilton and hayatt uh we do have a few isg properties we do have a couple of independent properties um most of our hotels fall in kind of the upscale class of the hotel segment what that really means is we're a a room's focused Hotel business um the majority of our Revenue comes through the rooms Department um we believe that it does two things one it allows us to run higher margins at our hotels um and two overtime we believe it produces better risk adjusted returns as we invest in the those type of assets through Cycles yeah you know uh Sumit was founded in in sou Fall South Dakota um and initially was really a all kind of ...