Summit Hotel Properties

We are a self-managed hotel investment company organized to continue and expand the existing hotel investment business of our predecessor, Summit Hotel Properties, LLC., a leading U.S. hotel owner. We focus primarily on acquiring and owning premium-branded, select-service hotels in the upscale and upper midscale segments of the U.S. lodging industry. Our current portfolio consists of 90 hotels with a total of 11,368 guestrooms located in 22 states. Our hotels are located in markets in which we have extensive experience and that exhibit multiple demand generators, such as business and corporate headquarters, retail centers, airports and tourist attractions. Based on total number of rooms, approximately 76% of our portfolio is positioned in the top 50 metropolitan statistical areas, or MSAs, and approximately 90% is located within the top 100 MSAs.