Market Mix and Strategic Moves Drive Growth at Summit Hotel Properties

Jonathan Stanner, president and CEO of Summit Hotel Properties, Inc. (NYSE: INN), sat down for a video interview at Nareit’s REITweek: 2024 Investor Conference, held in New York from June 3-6.
Stanner emphasized that the company’s growth is primarily driven by its market mix and location exposure. He noted that approximately half of Summit’s portfolio is located in urban markets, with another 25% in suburban markets. These areas have been slower to recover but are expected to accelerate, benefiting Summit’s portfolio.
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