Summit Hotel Properties Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Summit Hotel Properties Inc Closes Acquisition Of Hyatt Portfolio
Summit Hotel Properties Inc announced that closing of its acquisition of three hotels (the Hyatt Portfolio) containing an aggregate of 426 guestrooms from certain affiliates of Hyatt Hotels Corporation for a purchase price of $36.1 million.The Company also announced the closing of the sale of the 62-room AmericInn hotel in Lakewood, CO for a price of $2.6 million.
Latest Developments for Summit Hotel Properties Inc
- Summit Hotel Properties Inc gives Q3, FY 2014 RevPAR guidance; gives Q3 2014 FFO guidance in line with analysts' estimates; raises low end of prior FY 2014 FFO guidance
- Summit Hotel Properties Inc gives Q2 2014 RevPAR outlook, Q2 2014 adjusted FFO below analysts' estimates; raises FY 2014 RevPAR outlook, reaffirms FY 2014 FFO outlook
- Summit Hotel Properties Inc gives Q1, FY 2014 RevPAR outlook; FFO outlook below analysts' estimates
- Summit Hotel Properties Inc closes acquisitions
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