Summit Hotel Properties (INN) Tops Q2 EPS by 1c
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Summit Hotel Properties Reports Second Quarter 2015 Results
August 3, 2015 5:01 PM EDTAUSTIN, Texas, Aug. 3, 2015 /PRNewswire/ --Â Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced results for the second quarter 2015.
"We are very pleased with our second quarter operating results, including adjusted EBITDA of nearly $42 million, which was a record breaking quarter for our company," said Dan Hansen, Summit's President and CEO. "Our portfolio continues to benefit from capital we have invested, our operational expertise and owning the right brands in the best locations. ... More
Summit Hotel Properties Executive Chairman Kerry W. Boekelheide Steps Down
August 3, 2015 4:56 PM EDTAUSTIN, Texas, Aug. 3, 2015 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that Founder and Executive Chairman Kerry W. Boekelheide has stepped down from his role effective July 30, 2015.
"I am leaving at a time when the Company is on a great path and it is consistent with my personal plans to pursue hotel development on a full-time basis. The Board afforded me the opportunity to begin pursuing this... More
