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Summit Hotels (INN) - Hoya Hotseat
Hoya Capital
Summit Hotels & Resorts (INN) is a small-cap hotel REIT with a portfolio of 97 hotels comprising 14,500 rooms. The company primarily focuses on upscale, select-service hotels across key markets in the United States.
Summit’s properties include major brands such as Marriott, Hilton, and Hyatt, with a strong presence in top markets like Dallas, Atlanta, Miami, Phoenix, New Orleans, and Portland. The portfolio is well-diversified, with 50% of properties located in urban areas, 25% in suburban locations, and 10% each in resort and airport properties.
President & CEO Jonathan Stanner joins the Hoya Hotseat to discuss the company’s evolution since its 2011 IPO, its unique focus on upscale limited-service hotels - which facilitates an industry-leading operating margin profile - and the key trends and challenges shaping the future of the hospitality sector.
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