Summit Hotel Properties, Inc. (INN)

In the past six months, Summit Hotel Properties (INN) stock has experienced some fluctuations. As of October 24, 2025, the stock price gained 0.749% on the last trading day, rising from $5.34 to $5.38. Over the past two weeks, the price was up by 1.51%, having risen in 6 of the last 10 days. The stock's 52-week high was $6.99 and its 52-week low was $3.57. Volume increased on the last trading day along with the price, which is considered a positive technical sign. Analysts have issued "Neutral" ratings for INN. The company's Q1 and Q2 FFO (Funds From Operations) topped estimates. There have also been discussions about implied volatility surging for Summit Hotel Properties stock options. The company has been a net seller of assets over the last 12 months, selling nine hotels for approximately $140 million to pay down debt and redeploy capital into opportunities with better return profiles. The interest rate environment is noted as having a meaningful impact on valuations across commercial real estate, and interest rate certainty or cuts are seen as potential catalysts for the stock.

Demand for Summit Hotel Properties' products and services is subject to seasonal fluctuations. The company's financial health is closely tied to key hotel industry metrics such as occupancy rates, Average Daily Rate (ADR), and Revenue Per Available Room (RevPAR). While leisure travel has shown strong recovery, the opportunity for growth has been particularly in the return of midweek business travel, especially in urban markets where a significant portion of Summit's assets are located. The health of the consumer is a top concern impacting the sector.

Summit Hotel Properties, Inc. operates within the Real Estate sector, specifically focusing on Hotel & Motel REITs. The company's accommodations and services are offered by its portfolio of upscale and upper-midscale select-service hotels, which do not typically include food and beverage services. As of late 2024, Summit Hotel Properties managed 102 hotels with 15,323 guestrooms.

Summit Hotel Properties has a diversified geographic footprint across 20 states in the United States. The company strategically focuses on a nationwide network of upscale, premium-branded, select-service hotels, often clustered in the top 50 U.S. metropolitan statistical areas (MSAs). Approximately half of Summit's portfolio is located in urban markets, with another 25% in suburban markets. The company also has a presence in the Sun Belt and mountain towns, such as Steamboat Springs, Colorado.

Summit Hotel Properties maintains a focused position within the upscale, select-service hotel segment, leveraging strong brand affiliations with major hotel franchisors. The company's commitment to operational excellence and prudent financial management contributes to its reputation. Summit Hotel Properties has been recognized for its corporate responsibility, with its reports having high usefulness scores. In the past year, Summit Hotel Properties has been actively refining its portfolio through dispositions of non-core assets and strategic acquisitions, including an entry into the glamping market through a partnership with Onera Escapes.

Major institutional holders of Summit Hotel Properties, Inc. include Jennison Associates LLC, UBS Asset Management AG, State Street Global Advisors, Inc., and Geode Capital Management, LLC. Other institutional owners include Bank of New York Mellon Corp and Principal Financial Group Inc.