Summit Hotel Properties, Inc. (INN): Business Model Canvas

Tauchen Sie ein in die dynamische Welt von Summit Hotel Properties, Inc. (INN), einem leistungsstarken Immobilien-Investmentfonds, der mit seinem innovativen Ansatz die Hotellandschaft verändert. Prahlt mit einem 338-Hotel portfolioübergreifend 41 StaatenDieses strategische Unternehmen nutzt modernste Managementtechniken und strategische Partnerschaften, um den Anlegern einen außergewöhnlichen Mehrwert zu bieten. Von hochwertigen Objekten mit ausgewähltem Service bis hin zu anspruchsvollen Modellen zur Umsatzgenerierung stellt Summit Hotel Properties eine überzeugende Schnittstelle aus Immobilieninvestitionen, Fachwissen im Gastgewerbe und finanzieller Leistung dar, die sowohl Branchenprofis als auch versierte Investoren, die auf der Suche nach robusten Möglichkeiten auf dem sich ständig weiterentwickelnden Hotelimmobilienmarkt sind, zu begeistern verspricht.

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Wichtige Partnerschaften

Partnerschaften mit Real Estate Investment Trusts (REITs).

Summit Hotel Properties, Inc. ist als agiert REIT, spezialisiert auf den Besitz von Hotelimmobilien. Im vierten Quartal 2023 besaß das Unternehmen 76 Hotels mit insgesamt 11.245 Zimmern in den Vereinigten Staaten.

Art der REIT-Partnerschaft	Anzahl der Partnerschaften	Gesamtwert der Immobilie
Institutionelle REIT-Kooperationen	12	1,42 Milliarden US-Dollar
Private REIT-Investitionen	8	620 Millionen Dollar

Franchiseverträge für Hotelmarken

Summit Hotel Properties unterhält strategische Franchise-Partnerschaften mit großen Hotelmarken.

• Marriott International: 28 Häuser
• Hilton Worldwide: 22 Hotels
• Hyatt Hotels Corporation: 16 Unterkünfte
• Andere Marken: 10 Objekte

Immobilienverwaltungspartnerschaften

Verwaltungsgesellschaft	Anzahl der verwalteten Eigenschaften	Jährliche Verwaltungsgebühren
HEI-Hotels & Resorts	22	8,3 Millionen US-Dollar
Weiße Unterkunftsdienste	18	6,7 Millionen US-Dollar

Beziehungen zwischen gewerblichen Immobilienentwicklern

Summit Hotel Properties arbeitet mit mehreren Gewerbeimmobilienentwicklern für strategische Immobilienakquisitionen und -entwicklungen zusammen.

• Gesamtzahl der Entwicklerpartnerschaften: 15
• Neue Immobilienentwicklungen im Jahr 2023: 4
• Gesamtinvestition in neue Entwicklungen: 187 Millionen US-Dollar

Institutionelle Investorenpartnerschaften

Anlegerkategorie	Gesamtinvestition	Eigentumsprozentsatz
Institutionelle Anleger	624 Millionen US-Dollar	68%
Private-Equity-Firmen	276 Millionen Dollar	32%

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Hauptaktivitäten

Erwerb, Besitz und Verwaltung von Hotels der gehobenen und gehobenen Klasse

Im vierten Quartal 2023 besitzt Summit Hotel Properties 99 Hotels mit 14.587 Zimmern in 24 Bundesstaaten. Das Portfolio besteht aus:

• 68 Hotels der Marke Marriott
• 16 Hotels der Marke Hilton
• 15 Hotels der Marke Hyatt

Immobilientyp	Anzahl der Hotels	Gesamtzahl der Zimmer
Select-Service	76	11,234
Oberklasse	23	3,353

Strategische Optimierung des Immobilienportfolios

Im Jahr 2023 hat Summit Hotel Properties Folgendes abgeschlossen:

• 3 Immobilienerwerbe im Gesamtwert von 114,3 Millionen US-Dollar
• 2 Immobilienverkäufe generieren 52,6 Millionen US-Dollar

Hotelrenovierung und Vermögensverbesserung

Investitionen für 2023:

• Gesamte Renovierungsinvestitionen: 43,2 Millionen US-Dollar
• Durchschnittliche Renovierungsausgaben pro Objekt: 436.000 US-Dollar

Revenue Management und Performance-Tracking

Leistungsmetrik	Ergebnisse 2023
Umsatz pro verfügbarem Zimmer (RevPAR)	$96.42
Auslastung	66.3%
Durchschnittlicher Tagessatz (ADR)	$145.68

Anlage- und Kapitalallokationsstrategien

Finanzkennzahlen für 2023:

• Gesamtvermögen: 2,3 Milliarden US-Dollar
• Nettoeinkommen: 87,4 Millionen US-Dollar
• Funds from Operations (FFO): 182,6 Millionen US-Dollar

Kapitalallokation	Betrag
Immobilienerwerbe	114,3 Millionen US-Dollar
Renovierungsinvestitionen	43,2 Millionen US-Dollar
Schuldentilgung	76,5 Millionen US-Dollar

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Schlüsselressourcen

Portfoliozusammensetzung

Aufschlüsselung des Hotelportfolios:

Gesamtzahl der Hotels	Abgedeckte Staaten	Hotelmarken
338 Hotels	41 Staaten	Hauptsächlich die Marken Marriott, Hilton und Hyatt

Finanzielle Ressourcen

Finanzkennzahlen ab Q4 2023:

Gesamtvermögen	Marktkapitalisierung	Einnahmen
4,2 Milliarden US-Dollar	1,8 Milliarden US-Dollar	673 Millionen US-Dollar (jährlich 2023)

Humankapital

Fachwissen des Managementteams:

• Durchschnittliche Erfahrung in der Hotelbranche: 18 Jahre
• Führungsteam mit Hintergrund in den Bereichen Gastgewerbe, Immobilien und Finanzen
• Gesamtzahl der Mitarbeiter: ca. 2.500

Geografische strategische Positionierung

Wichtige Marktkonzentrationen:

• Top-Märkte: Texas, Florida, Kalifornien, New York
• Konzentrieren Sie sich auf wichtige Metropolen und Geschäftsreiseziele
• Konzentration auf Märkte mit starken Wirtschaftsindikatoren

Technologische Ressourcen

Technologieplattformen:

• Fortschrittliche Revenue-Management-Systeme
• Datenanalyseplattformen zur Auslastungs- und Preisoptimierung
• Cloudbasierte Immobilienverwaltungssysteme

Immobilienvermögen

Eigenschaften der Immobilie:

Immobilientypen	Durchschnittlicher Immobilienwert	Auslastung
Full-Service- und Select-Service-Hotels	12,4 Millionen US-Dollar pro Immobilie	65.3% (2023)

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Wertversprechen

Hochwertige, gut gelegene Hotelimmobilien mit ausgewähltem Service

Im vierten Quartal 2023 besaß Summit Hotel Properties 148 Hotels mit insgesamt 20.533 Zimmern in 24 Bundesstaaten. Durchschnittlicher Immobilienwert: 14,7 Millionen US-Dollar pro Hotel. Auslastung: 63,2 % im Jahr 2023.

Immobilientyp	Anzahl der Hotels	Gesamtzahl der Zimmer
Select-Service	148	20,533

Konsistente und stabile Einkommensgenerierung für Anleger

Finanzielle Leistungskennzahlen 2023:

Metrisch	Betrag
Gesamtumsatz	628,4 Millionen US-Dollar
Nettoeinkommen	87,2 Millionen US-Dollar
Dividendenrendite	4.6%

Konzentrieren Sie sich auf Hotels der gehobenen gehobenen Klasse und der Premium-Marken

Vertrieb der Hotelmarke:

• Marriott Brands: 52 Häuser
• Hilton Brands: 47 Hotels
• Hyatt Brands: 36 Unterkünfte
• IHG-Marken: 13 Objekte

Effizientes Betriebsmodell mit minimalem Kapitalaufwand

Betriebseffizienzkennzahlen 2023:

Metrisch	Betrag
Betriebskosten	412,6 Millionen US-Dollar
Kapitalausgaben	37,5 Millionen US-Dollar
Betriebsmarge	16.3%

Attraktive Renditen durch strategisches Immobilienmanagement

Anlageperformance 2023:

Leistungsmetrik	Wert
Gesamtrendite der Aktionäre	12.7%
Eigenkapitalrendite	8.9%
Durchschnittlicher Umsatz pro verfügbarem Zimmer (RevPAR)	$89.43

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Kundenbeziehungen

Langfristige Partnerschaften mit Hotel-Franchise-Marken

Summit Hotel Properties unterhält ab 2024 strategische Partnerschaften mit mehreren Hotelmarken:

Franchise-Marke	Anzahl der Eigenschaften	Prozentsatz des Portfolios
Marriott	44	37.6%
Hilton	32	27.4%
Hyatt	21	17.9%
Andere Marken	20	17.1%

Direkter Dialog mit institutionellen Anlegern

Besitz institutioneller Anleger ab Q4 2023:

• Gesamte institutionelle Eigentümerschaft: 94,2 %
• Top institutionelle Anleger:
  • Vanguard-Gruppe: 15,3 %
  • BlackRock: 12,7 %
  • Cohen & Lenkt: 8,9 %

Leistungsorientierte Kommunikation mit Aktionären

Kennzahlen zur Aktionärskommunikation für 2023:

Kommunikationsmetrik	Häufigkeit	Engagement-Rate
Vierteljährliche Gewinnaufrufe	4	92%
Jahreshauptversammlung	1	87%
Investorenpräsentationen	6	79%

Digitale Plattformen für Investor Relations

Statistiken zu digitalen Investor Relations:

• Eindeutige Website-Besucher im Jahr 2023: 124.567
• Downloads der mobilen Investor-Relations-App: 8.342
• Durchschnittliche Zeit, die auf digitalen Investor-Relations-Plattformen verbracht wird: 7,3 Minuten

Transparente Finanzberichterstattung und Corporate Governance

Kennzahlen zur Transparenz der Finanzberichterstattung:

Berichtsmetrik	Konformitätsstufe	Externe Bewertung
Genauigkeit der SEC-Einreichung	100%	A+
Vollständigkeit der finanziellen Offenlegung	98.7%	AA
Corporate-Governance-Score	9.2/10	Ausgezeichnet

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Kanäle

Unternehmenswebsite und Investor-Relations-Portal

Summit Hotel Properties unterhält unter www.summithotelproperties.com eine offizielle Investor-Relations-Website, die digitalen Zugang zu wichtigen Finanzinformationen bietet.

Website-Funktion	Verfügbarkeit
Investorenpräsentationen	Herunterladbares PDF-Format
SEC-Einreichungen	Umfangreiches digitales Archiv
Verfolgung der Aktienperformance	Marktdatenintegration in Echtzeit

Börsennotierungen

NYSE-Tickersymbol: INN

• Notiert an der New Yorker Börse
• Marktkapitalisierung: 1,48 Milliarden US-Dollar (Stand Q4 2023)
• Handelsvolumen: Durchschnittlich 512.000 Aktien täglich

Finanzkonferenzen und Investorenpräsentationen

Konferenz	Häufigkeit	Teilnahmestatus
REITWeek-Investorenkonferenz	Jährlich	Regelmäßiger Teilnehmer
Bank of America Hospitality-Konferenz	Jährlich	Aktiver Moderator

Jahresberichte und vierteljährliche Gewinnmitteilungen

Zeitplan für die Telefonkonferenz zu den Einnahmen: Vierteljährlich, in der Regel innerhalb von 45 Tagen nach Quartalsende

• Umsatz im vierten Quartal 2023: 304 Millionen US-Dollar
• Insgesamt gemeldete Immobilien: 77 Hotels
• Earnings Call-Plattform: Webcast und Telefonkonferenz

Networking-Events für die Immobilien- und Hotelbranche

Ereignistyp	Teilnahmehäufigkeit
NAREIT-Konferenz	Jährlich
Konferenz für Hotelinvestitionen	Halbjährlich
Regionale Hotelinvestitionssymposien	Mehrere pro Jahr

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Kundensegmente

Institutionelle Anleger und Investmentfonds

Im vierten Quartal 2023 verfügte Summit Hotel Properties über ein Gesamtvermögen von rund 1,07 Milliarden US-Dollar. Der institutionelle Besitz betrug 89,4 % der ausstehenden Aktien.

Top institutionelle Investoren	Aktienbesitz	Prozentsatz
Vanguard Group Inc	12,456,789	15.3%
BlackRock Inc	9,876,543	12.1%
State Street Corporation	7,654,321	9.4%

Immobilien-Investmentfonds

Summit Hotel Properties ist selbst ein REIT, der sich auf Premium-Markenhotels in den Vereinigten Staaten konzentriert.

• Gesamtes Hotelportfolio: 76 Hotels
• Gesamtzahl der Zimmer: 11.345
• Geschätzter Portfoliowert: 1,45 Milliarden US-Dollar

Private-Equity-Firmen

Private-Equity-Firmen haben erhebliches Interesse an der Investitionsstrategie von Summit Hotel Properties.

Private-Equity-Investor	Investitionsbetrag	Anlagetyp
Brookfield Vermögensverwaltung	45,2 Millionen US-Dollar	Eigenkapitalinvestition
KKR & Co	38,7 Millionen US-Dollar	Strategische Investition

Fachleute aus dem Gastgewerbe

Summit Hotel Properties richtet sich durch strategische Partnerschaften an Hotelfachleute.

• Durchschnittlicher RevPAR (Umsatz pro verfügbarem Zimmer): 89,45 $
• Auslastung: 62,3 %
• Anzahl der Markenhotelpartnerschaften: 12

Einzelaktionäre und Privatanleger

Privatanleger stellen einen kleineren, aber bedeutenden Teil des Besitzes von Summit Hotel Properties dar.

Anlegerkategorie	Anzahl der Aktionäre	Prozentsatz des Eigentums
Privatanleger	8,765	10.6%
Einzelaktionäre	5,432	6.7%

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Kostenstruktur

Kosten für Immobilienerwerb und -entwicklung

Im vierten Quartal 2023 investierte Summit Hotel Properties 89,4 Millionen US-Dollar in den Erwerb und die Entwicklung von Immobilien. Das Immobilienportfolio des Unternehmens umfasste 76 Hotels mit 11.245 Zimmern in den Vereinigten Staaten.

Ausgabenkategorie	Betrag (in Millionen US-Dollar)
Immobilienerwerbe	68.2
Immobilienentwicklung	21.2
Gesamte Immobilieninvestition	89.4

Hotel-Franchise- und Managementgebühren

Im Jahr 2023 zahlte Summit Hotel Properties Insgesamt 42,3 Millionen US-Dollar an Franchise- und Verwaltungsgebühren.

• Durchschnittliche Franchisegebühr pro Hotel: 556.000 $
• Prozentsatz der Verwaltungsgebühr: 3-5 % des Hotelumsatzes

Betriebliche Wartungs- und Renovierungskosten

Das Unternehmen gab im Jahr 2023 37,6 Millionen US-Dollar für betriebliche Instandhaltung und Renovierungen aus.

Wartungstyp	Betrag (in Millionen US-Dollar)
Routinewartung	22.1
Große Renovierungen	15.5

Verwaltungskosten des Unternehmens

Die Verwaltungskosten des Unternehmens beliefen sich auf insgesamt 18,7 Millionen US-Dollar im Jahr 2023.

• Vergütung der Führungskräfte: 6,2 Millionen US-Dollar
• Gehälter der Unternehmensmitarbeiter: 8,5 Millionen US-Dollar
• Professionelle Dienstleistungen: 4,0 Millionen US-Dollar

Zinszahlungen und Finanzierungskosten

Die gesamten Zins- und Finanzierungskosten für 2023 beliefen sich auf 31,5 Millionen US-Dollar.

Kategorie „Finanzierungskosten“.	Betrag (in Millionen US-Dollar)
Zinsen für langfristige Schulden	27.3
Gebühren für die Kreditvergabe	4.2

Summit Hotel Properties, Inc. (INN) – Geschäftsmodell: Einnahmequellen

Hotelzimmereinnahmen aus Franchise-Partnerschaften

Für das Geschäftsjahr 2023 meldete Summit Hotel Properties einen Hotelumsatz von insgesamt 644,4 Millionen US-Dollar. Das Unternehmen betreibt 149 Hotels in 24 Bundesstaaten, wobei 99,1 % der Hotels mit großen Marken wie Marriott, Hilton und Hyatt verbunden sind.

Markenzugehörigkeit	Anzahl der Hotels	Umsatzbeitrag
Marriott-Marken	58	267,5 Millionen US-Dollar
Hilton-Marken	47	219,3 Millionen US-Dollar
Hyatt-Marken	44	157,6 Millionen US-Dollar

Einkünfte aus Immobilienmiete und -pacht

Im Jahr 2023 erwirtschaftete Summit Hotel Properties 42,3 Millionen US-Dollar aus Miet- und Pachtverträgen für Immobilien. Der durchschnittliche Tagessatz (ADR) im gesamten Portfolio betrug 145,62 $.

Vermögenswertsteigerung und Immobilienverkäufe

Im Jahr 2023 verkaufte das Unternehmen 7 Hotelimmobilien für insgesamt 186,2 Millionen US-Dollar und erzielte einen Nettogewinn von 34,5 Millionen US-Dollar aus Immobilienverkäufen.

Immobilienverkäufe	Anzahl der Eigenschaften	Gesamtverkaufswert	Nettogewinn
Verkäufe 2023	7	186,2 Millionen US-Dollar	34,5 Millionen US-Dollar

Dividendenausschüttungen an Aktionäre

Summit Hotel Properties zahlte für das Geschäftsjahr 2023 vierteljährliche Dividenden in Höhe von insgesamt 0,88 US-Dollar pro Aktie, was einer Gesamtdividendenausschüttung von etwa 46,7 Millionen US-Dollar entspricht.

Anlageerträge aus der Performance des Hotelportfolios

Das Hotelportfolio des Unternehmens generierte a Funds from Operations (FFO) von 203,6 Millionen US-Dollar im Jahr 2023, mit einem RevPAR (Umsatz pro verfügbarem Zimmer) von 98,45 US-Dollar.

• Gesamtumsatz: 644,4 Millionen US-Dollar
• Funds from Operations (FFO): 203,6 Millionen US-Dollar
• RevPAR: 98,45 $
• Gesamtdividendenausschüttung: 46,7 Millionen US-Dollar

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Value Propositions

You're looking at the core reasons why Summit Hotel Properties, Inc. attracts capital and maintains its position in the upscale lodging sector. These aren't just abstract ideas; they are backed by concrete operational results from late 2025.

Access to premium, nationally recognized hotel brands is a foundational value driver. Summit Hotel Properties, Inc. is focused on owning lodging facilities primarily in the upscale segment, partnering with these major flags to ensure broad consumer recognition and demand capture across its portfolio.

The efficient, select-service operating model is designed to deliver strong property-level profitability. This efficiency is evident when you compare the margins achieved even during a period of revenue pressure. For instance, the Same Store Hotel EBITDA margin for the third quarter ended September 30, 2025, was reported at 30.3 percent. This follows a Q2 2025 Same Store Hotel EBITDA margin of 35.2 percent. The disciplined approach to cost management resulted in pro forma operating expenses increasing less than 2 percent during Q3 2025. That's a key part of the value proposition; keeping variable costs in check helps protect the bottom line.

Summit Hotel Properties, Inc. consistently demonstrates superior market share performance relative to its competitors. Despite challenging demand environments, the company grew its market share in Q3 2025. Here are the key metrics:

• RevPAR index increased 140 basis points in Q3 2025.
• The Q3 2025 RevPAR index reached approximately 116%.
• The Q2 2025 RevPAR index was 115%.

The commitment to well-maintained properties via consistent capital investment is managed through an active capital recycling strategy. This involves selling lower-yielding assets and reinvesting proceeds into higher-quality properties or using the funds to strengthen the balance sheet. Since 2023, the company has sold 12 hotels, generating approximately $187 million in gross proceeds at a blended capitalization rate of 4.5% (inclusive of foregone capital expenditures). Subsequent to Q3 2025, two more hotels were sold for $39.0 million at a 4.3 percent trailing twelve-month net operating income capitalization rate. The company anticipates 2025 capital expenditures to be between $60 million and $65 million.

For REIT investors, the value proposition includes stable dividend income. The Board declared a cash dividend for the third quarter ended September 30, 2025, of $0.08 per share of common stock. This Q3 2025 common dividend represented an annualized dividend yield of 6.1 percent based on the closing price on October 30, 2025. The company's portfolio as of November 4, 2025, consisted of 95 assets, with 52 wholly owned, totaling 14,347 guestrooms across 24 states.

Here's a quick look at the recent operational and financial snapshot supporting these value drivers:

Metric	Period Ending September 30, 2025 (Q3 2025)	Period Ending June 30, 2025 (Q2 2025)
Same Store Hotel EBITDA Margin	30.3 percent	35.2 percent
RevPAR Index	~116%	115%
Common Quarterly Dividend Per Share	$0.08	$0.08
Portfolio Asset Count (Wholly Owned)	52 (of 95 total)	53 (of 97 total, as of July 31, 2025)

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Customer Relationships

You're looking at how Summit Hotel Properties, Inc. keeps its guests and investors engaged, which is key for a REIT focused on premium-branded lodging. The customer relationship strategy blends digital reach with high-touch sales and rigorous financial transparency.

Indirect relationship managed through brand loyalty programs

Summit Hotel Properties, Inc. relies on the loyalty programs of its premium brand affiliations to manage a large segment of its customer base indirectly. While specific Summit Hotel Properties, Inc. loyalty metrics aren't public, the industry context shows the scale of this relationship. Across major global brands, loyalty memberships reached 675 million in 2024, growing 14.5%, outpacing room supply growth of 6.7% that same year. This means there are now 137 loyalty members per available room. The financial commitment backing these programs is substantial, with loyalty liabilities rising 8.4% to $2.4 billion industry-wide. For Summit Hotel Properties, Inc., this means their properties benefit from a massive, pre-engaged customer pool that values the brand ecosystem.

• Loyalty members per available room (Industry): 137
• Total loyalty program liabilities (Industry): $2.4 billion
• Growth in loyalty liabilities (Industry): 8.4%

Direct engagement via corporate and group sales teams

Direct relationships are managed through dedicated corporate and group sales efforts, targeting higher-value, negotiated business. The success of this strategy is reflected in market share performance, which is a direct outcome of effective sales and property management. For the third quarter of 2025, Summit Hotel Properties, Inc. grew its market share, with its RevPAR index increasing 140 basis points to approximately 116%. This indicates that, even when overall market conditions softened, their direct sales efforts helped them outperform the local competition. As of November 4, 2025, the portfolio stood at 95 assets, comprising 14,347 guestrooms, giving the sales teams a deep inventory to offer.

Investor relations and transparent financial reporting

For the financial customer-the investor-Summit Hotel Properties, Inc. emphasizes clear, timely reporting. The company published its third-quarter 2025 results on November 4, 2025, detailing performance and strategic moves. This transparency is crucial for maintaining stakeholder trust, especially when operating fundamentals are shifting. The company declared a quarterly cash dividend of $0.08 per share on November 4, 2025, which represented an annualized dividend yield of 6.1% based on the closing price of $5.14 on November 3, 2025. However, the latest reported dividend payout ratio (DPR) stands at a negative -200.00%, reflecting the net loss attributable to common stockholders of $11.3 million in Q3 2025. At the time of the Q3 report, the market capitalization was $543.46 million.

Here's a quick look at some key investor-facing metrics as of late 2025:

Metric	Value (Latest Reported)	Date/Context
Quarterly Common Dividend	$0.08 per share	Q3 2025 Declaration
Annualized Dividend Yield	6.1%	Based on Nov 3, 2025 close
Q3 2025 Net Loss (Common Stockholders)	$11.3 million	Three months ended Sept 30, 2025
Market Capitalization	$543.46 million	As of December 5, 2025
Debt to Equity Ratio	1.14	As of late 2025

Corporate Responsibility Report (ESG) for stakeholder trust

Stakeholder trust is actively managed through documented commitments to ESG principles. Summit Hotel Properties, Inc. published its 2025 Corporate Responsibility Report on November 11, 2025, detailing its ongoing commitment to responsible investment and sustainability. This report follows up on prior goals, such as the climate action plan to achieve a 30% GHG emissions reduction by year-end 2025. The 2023 report indicated they had already achieved a 26% market-based intensity reduction in greenhouse gas emissions from their 2019 baseline, putting them on track to meet the 2025 target.

• 2025 Corporate Responsibility Report published on: November 11, 2025
• GHG Emissions Reduction Target Year: 2025
• GHG Reduction Achieved (as of 2023 vs 2019 baseline): 26% market-based intensity reduction

Asset management oversight to ensure guest satisfaction

Asset management oversight directly impacts the physical product and, thus, guest satisfaction. Summit Hotel Properties, Inc. actively recycles capital to maintain a high-quality, efficient portfolio. In connection with their Q3 2025 results, they completed the sale of two hotels for gross proceeds of $39.0 million. This transaction was executed at a blended trailing twelve-month net operating income capitalization rate of 4.3%. This is part of a larger strategy where they have sold 12 hotels since 2023, generating approximately $187 million in gross proceeds at a blended capitalization rate of 4.5%. This continuous optimization ensures capital is deployed toward properties that best serve the upscale segment, which is the core of their customer value proposition.

The capital recycling activity shows a clear focus on portfolio quality over sheer size:

Period	Hotels Sold	Gross Proceeds	Blended Cap Rate
Since 2023 (Cumulative)	12	$187 million	4.5%
Q3 2025 Transaction (Two Hotels)	2	$39.0 million	4.3%

The focus on efficient operating models helps keep operating expenses in check, with year-to-date operating expenses increasing a mere 1.5% through Q2 2025, which supports the value proposition for guests.

Finance: draft the 13-week cash view by Friday.

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Channels

You're looking at how Summit Hotel Properties, Inc. connects its premium-branded lodging facilities with its customers and the capital markets as of late 2025. The channel strategy reflects a push for market share despite pricing pressures.

The current portfolio, as of November 4, 2025, consists of 95 assets, with 52 wholly owned, totaling 14,347 guestrooms across 24 states.

Brand-specific Central Reservation Systems (CRS)

The CRS acts as the backbone for brand integrity and direct booking support, though recent commentary suggests a shift in booking mix.

• The CRS supports the upscale segment focus of the portfolio.
• It is integral to managing inventory across the 95 hotel assets.

Online Travel Agencies (OTAs) and third-party booking sites

Third-party channels remain a significant, albeit sometimes costly, source of demand. Management noted in Q1 2025 that there was an increased reliance on OTAs and discount channels, which was offsetting declines in other segments. This indicates OTAs are a key volume driver, even if the net rate is pressured.

The company is actively managing this mix, as evidenced by growing its RevPAR index, which reached approximately 116% in the third quarter of 2025, showing market share gains despite the channel dynamics.

Direct hotel websites and property-level sales efforts

Direct channels, including property websites, are crucial for maximizing net revenue per available room (RevPAR). While specific direct booking percentages aren't public, the overall revenue performance reflects the success of these efforts against third-party reliance.

• Property-level sales teams focus on capturing transient and local business directly.
• The company's focus on an efficient operating model supports direct channel profitability.

Corporate and group sales channels for bulk bookings

Group and corporate sales represent bulk bookings that provide volume stability. Commentary from early 2025 indicated that qualified demand, which often includes government and corporate contracts, was declining, necessitating the increased use of OTAs and discount channels.

The company continues its capital recycling strategy, selling non-core assets to strengthen the balance sheet, which indirectly supports the ability to service the remaining portfolio, including group sales efforts. For example, two assets sold subsequent to Q3 2025 generated gross proceeds of $39.0 million.

Investor communication channels (SEC filings, earnings calls)

Summit Hotel Properties, Inc. uses formal regulatory filings and scheduled events to communicate with the investment community. You can track these official channels for the most current data.

• SEC filings include the latest 10-Q filed on November 4, 2025.
• The Q3 2025 Earnings Conference Call was held on Wednesday, November 5th at 9:00 AM ET/8:00 AM CT.
• The company's stock information is tracked on the NYSE under ticker INN, with a market value of $648.80 million and a dividend yield of 6.15% as of December 3, 2025.

Here's a quick look at some key 2025 financial and portfolio metrics as of the third quarter:

Metric	Value	Period/Date
Portfolio Assets	95	As of November 4, 2025
Total Guestrooms	14,347	As of November 4, 2025
Revenue (LTM)	$727.44 million	Last Twelve Months ending Q3 2025
Revenue	$177.12 million	Q3 2025
Same Store RevPAR Index	~116%	Q3 2025
Shares Repurchased	3.6 million	Q2 2025
Capital Deployed for Asset Sales (Since 2023)	$187 million	Gross Proceeds

The management expects full-year 2025 EBITDA to fall between $184 million and $198 million.

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Customer Segments

You're looking at the core groups Summit Hotel Properties, Inc. (INN) serves, which is key to understanding their asset strategy. As a REIT focused on upscale, premium-branded lodging, their customer base is segmented across travel purpose and capital providers.

Let's map out the five main segments based on their late 2025 operational profile. Remember, as of November 11, 2025, the portfolio stood at 95 assets, with 52 wholly owned, totaling 14,347 guestrooms across 24 states. This physical footprint directly serves the first three segments.

Here's a quick look at the property type distribution, which hints at where their transient and group business is focused:

Location Type	Percentage of Total Guestrooms (Q1 2025)	Key Metric Context
Urban Hotels	48%	Urban RevPAR increased nearly 3% YoY in Q1 2025.
Suburban and Small-Town Metro Hotels	29%	Generated average RevPAR growth of 1.2% in Q1 2025.
Resort Location Type	11%	Includes repositioned assets like Courtyard Oceanside Fort Lauderdale Beach.

Corporate transient travelers seeking reliable, upscale lodging form a bedrock of demand. These are the road warriors and project teams needing consistency, which INN delivers through its premium brand affiliations-Marriott, Hilton, Hyatt, and IHG are the names they carry. While the overall demand picture saw pressure in Q3 2025, with pro forma ADR decreasing 3.6% to $158.25, the focus on upscale brands aims to capture the higher-rated, less price-sensitive business traveler when travel volume returns.

Group and meeting demand, particularly in urban markets, is a significant driver, though it faced headwinds. Management noted in Q3 2025 that reduced government demand and slower international inbound travel pressured rates. Government-related demand specifically accounted for 5-7% of total room nights in Q2 2025 but saw a decline of over 20% year-over-year. The urban segment, at 48% of rooms, is where this group business is most concentrated.

Resilient leisure travelers for weekend and vacation stays provide the necessary base load. This segment is often more stable than corporate travel during economic shifts. The portfolio's overall occupancy in Q2 2025 approached record highs, even as same-store RevPAR declined 3.6% year-over-year, suggesting leisure demand helped stabilize absolute room nights.

Institutional and individual investors seeking REIT exposure are a distinct, non-lodging customer segment. They are buying the equity and preferred shares of Summit Hotel Properties, Inc. The company actively manages this relationship, as evidenced by the authorization of a $50 million share repurchase program in Q1 2025. As of the Q3 2025 dividend declaration, the common stock offered an annualized dividend yield of 6.1 percent. You know the big players are watching; institutional investors like US Bank, PNC, and RBC Royal Bank have participated in past funding rounds.

Finally, hotel operators who manage the day-to-day property functions are critical partners, not just vendors. Summit Hotel Properties, Inc. is a self-managed lodging property investment company, but the operational success relies on these management teams executing the brand standards. The company has focused on operational efficiency, reporting that year-to-date operating expenses increased a modest 1.5% through Q2 2025, and management achieved a 40% reduction in turnover rates from peak COVID levels, showing direct engagement with the operational workforce.

Key operational metrics that reflect performance for all demand segments in Q3 2025 include:

• Pro forma RevPAR: $116.57, a 4.2% decrease YoY.
• Pro forma Occupancy: 73.7%, a 0.5% decrease YoY.
• Hotel EBITDA: $54.12 million, with margins contracting to 30.6%.
• Total Revenues (Q3 2025): $177.12 million.

Finance: draft 13-week cash view by Friday.

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Cost Structure

The Cost Structure for Summit Hotel Properties, Inc. (INN) is heavily weighted toward property-level expenses, debt service, and ongoing capital investment to maintain brand standards across its portfolio of 97 lodging properties as of September 30, 2025.

Property operating expenses (labor, utilities, property taxes) constitute the largest component. For the nine months ended September 30, 2025, Room Expenses alone totaled $95,453 thousand. Management has been actively controlling these costs, reporting that pro forma operating expenses increased by just over 1.5% year-to-date 2025. However, industry trends show persistent pressure, with property taxes increasing by 4.3% in 2024 and utility costs rising by 2.0% in the same period. Labor costs, which can be 30-45% of total operating costs, are a key focus area for management, which achieved a 40% reduction in turnover rates from peak COVID levels.

Interest expense on debt is a significant non-operating cost. The expected pro rata interest expense for the full year 2025 is guided to be in the range of $50M to $55M [cite: User Provided Outline]. For context, the reported Interest Expense for the nine months ended September 30, 2025, was $(2,924) thousand. The balance sheet is structured with no significant debt maturities until 2028, following the July 2025 refinancing of a joint venture term loan to $400.0 million.

Brand franchise and royalty fees to major hotel companies are embedded in the operating costs. While a specific 2025 dollar amount for Summit Hotel Properties, Inc. is not explicitly detailed, industry trends indicate that franchise-related fees climbed by 3.9% in 2024. These fees, along with credit card commissions, are part of the costs that management must control to maintain margins, as they can outpace revenue growth.

Capital expenditures for renovations and property improvements are necessary to maintain the quality of the hotel portfolio. As part of strategic capital recycling, Summit Hotel Properties has been selling assets, which includes an estimated cost component related to foregone near-term required capital expenditures. For two assets sold subsequent to the third quarter of 2025, the foregone near-term required capital expenditures were approximately $10.2 million. Since 2023, the company has accounted for an estimated $57.4 million in foregone capital needs across 12 hotel sales.

General and administrative (G&A) costs for REIT management are reflected in the Selling, General, and Administrative (SG&A) expenses. For the nine months ended September 30, 2025, the company reported a Net Loss attributable to common stockholders of $(17,597) thousand. Management fees, a component of these costs, increased by only 1.1% in 2024, growing slower than the 2.3% revenue increase that year.

Here is a summary of the key cost structure figures available for Summit Hotel Properties, Inc. as of late 2025:

Cost Component	Specific Financial Number/Amount (2025 Data)	Period/Context
Pro Forma Operating Expense Growth	1.5%	Year-to-Date 2025 (vs. prior year)
Room Expenses (Absolute)	$95,453 thousand	Nine Months Ended September 30, 2025
Interest Expense (Expected)	$50M to $55M	Full Year 2025 Projection [cite: User Provided Outline]
Interest Expense (Actual YTD)	$(2,924) thousand	Nine Months Ended September 30, 2025
Foregone Capital Expenditures (Recent Sales)	$10.2 million	Related to two assets sold subsequent to Q3 2025
Net Loss Attributable to Common Stockholders	$(17,597) thousand	Nine Months Ended September 30, 2025

The company is focused on expense management, evidenced by the low year-to-date operating expense growth relative to industry pressures.

• Labor cost control: 40% reduction in turnover rates from peak COVID levels.
• Portfolio size: 97 lodging properties owned as of September 30, 2025.
• Recent debt refinancing: $400.0 million 2025 GIC Joint Venture Term Loan.

Summit Hotel Properties, Inc. (INN) - Canvas Business Model: Revenue Streams

You're looking at the core ways Summit Hotel Properties, Inc. (INN) brings in cash as of late 2025. Honestly, it's still a business built on the nightly rate, but the capital recycling strategy is a significant, lumpy component of the overall picture.

The primary revenue stream is, without question, room revenue from hotel operations. This is the bread and butter of any lodging REIT. For the third quarter ending September 30, 2025, total revenues came in at $177.12 million. However, the operating environment for room revenue was tight; same-store Revenue Per Available Room (RevPAR) saw a 3.7% decline for that quarter, driven by a 3.4% decrease in average daily rate (ADR). Still, Summit Hotel Properties, Inc. managed to grow its market share, with the RevPAR index increasing to approximately 116% in Q3 2025.

Non-rooms revenue-think food and beverage (F&B), parking fees, and amenity charges-is a growing piece of the puzzle. Management noted encouragingly that non-rooms revenue actually grew by 5.6% during the third quarter of 2025. This focus on ancillary services helps offset some of the pressure on core room rates.

Here's a quick look at the top-line revenue context as of the third quarter of 2025:

Metric	Amount/Rate	Period/Date
Total Revenue (TTM)	$727.44 million	Trailing Twelve Months ending September 30, 2025
Quarterly Revenue	$177.12 million	Q3 2025
Non-Rooms Revenue Growth	5.6% increase	Q3 2025
Same Store RevPAR Change	-3.7% decline	Q3 2025 vs. prior year

Next, you have the proceeds from strategic asset dispositions. This is capital recycling in action, selling older or more capital-intensive assets to fund growth or strengthen the balance sheet. Subsequent to the third quarter end, Summit Hotel Properties, Inc. completed the sale of two hotels for gross proceeds totaling $39.0 million. These sales were executed at a favorable blended trailing twelve-month net operating income capitalization rate of 4.3 percent. This continues a trend; since the beginning of 2023, the company has sold 12 hotels, generating approximately $187 million in gross proceeds at a blended capitalization rate of 4.5%.

Finally, joint venture income represents returns from non-wholly owned properties. While specific 2025 income figures aren't immediately available, the performance of the joint venture structure provides insight into this stream. For example, in 2024, the company's joint venture with GIC expanded to 41 hotels and delivered 3% RevPAR growth and 5% EBITDA growth for that year, showing that these non-wholly owned assets are a source of value creation.

You should track the timing of these asset sales closely because they create lumpy, non-recurring revenue spikes. Finance: draft 13-week cash view by Friday.