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Summit Hotel Properties, Inc.

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels in the Upscale segment of the lodging industry.

https://www.shpreit.com/
4.8

/10

Transparency ranking

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Description

Summit Hotel Properties, Inc. is a leading publicly traded lodging real estate investment trust (REIT) focused on owning premium-branded hotel assets in the Upscale segment of the lodging industry. The company's portfolio consists of 96 hotels, 54 of which are wholly owned, with a total of 14,256 guestrooms located in 24 states. Their mission is to be the most respected owner of high-quality lodging assets that deliver superior risk-adjusted returns for their shareholders, while providing guests with an experience that exceeds expectations.

Summit Hotel Properties, Inc. prioritizes strong core values including passion, integrity, and excellence. These values guide the company's operations, driving continuous improvement and exceeding expectations for shareholders, employees, and business partners. The company also emphasizes environmental stewardship, social responsibility, and ethical governance. Summit Hotel Properties, Inc. is committed to being a positive influence in the communities where they operate, engaging in charitable contributions, volunteer work, and supporting local organizations.

Mission

Summit Hotel Properties is a publicly traded lodging real estate investment trust that is committed to being the most respected owner of high-quality lodging assets. They strive to deliver superior risk-adjusted returns for their shareholders while providing guests with an experience that exceeds expectations. Their mission focuses on owning premium-branded assets with efficient operating models, primarily in the Upscale segment of the lodging industry.

Sustainability

Culture

Summit Hotel Properties fosters a culture of Passion, Integrity, and Excellence. They value intense drive and commitment to their mission, while upholding high moral and ethical standards through honesty, transparency, and accountability. They strive for continuous improvement and engagement from their team, believing it will exceed expectations for shareholders, employees, and business partners.

People-first
Progressive
Supportive
Transparent

DE&I

Summit Hotel Properties, Inc. is committed to fostering a culture of diversity, equity, and inclusion (DE&I) that values and celebrates the unique experiences and perspectives of all employees. The company believes that a diverse workforce is essential for innovation, creativity, and success, and it actively works to create a welcoming and inclusive work environment where everyone feels respected, valued, and empowered to reach their full potential. Summit's commitment to DE&I is reflected in its policies, practices, and programs, which are designed to attract, retain, and develop a diverse talent pool, promote equal opportunities for advancement, and create a culture of belonging for all.

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