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Summit Hotel Properties Reports First Quarter 2021 Results Portfolio Demand and RevPAR Accelerate to New Highs Since Onset of Pandemic Six-Hotel Portfolio Contribution to GIC Joint Venture Completed for $172 Million Current Liquidity Bolstered to Nearly $450 Million News provided by Share this article Share this article AUSTIN, Texas, May 4, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the first quarter ended March 31, 2021. "Hotel demand, particularly leisure demand, improved significantly during the latter part of the first qua...

Summit Hotel Properties Reports Fourth Quarter And Full Year 2020 Results Credit Facility Covenant Waivers Extended Through March 31, 2022; Over $400 Million of Current Liquidity Portfolio Achieves Second Consecutive Quarter of Hotel Profitability News provided by Share this article Share this article AUSTIN, Texas, Feb. 23, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the fourth quarter and full year ended December 31, 2020. "Hotel demand remained stable during the fourth quarter and combined with strong market share gains across...

Summit Hotel Properties Successfully Completes Credit Facility Amendments To Extend Covenant Waiver Period and Enhance Flexibility News provided by Share this article Share this article AUSTIN, Texas, Feb. 8, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (together with its consolidated subsidiaries, the "Company") today announced that it has amended the credit agreements for its $400 million revolving credit facility and three senior term loans totaling approximately $550 million to enhance overall flexibility and extend the financial covenant waiver period through March 31...