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Summit Hotel Properties, Inc. is a self-managed real estate investment trust (REIT) focused on owning and operating upscale lodging properties across the U.S. through fee simple and joint ventures. It primarily leases properties to third-party management companies under franchise brands like Marriott and Hilton, emphasizing efficient operating models, stable cash flow, and strategic acquisitions to generate risk-adjusted returns in high-demand markets.
This description was generated via AI from an annual report. Updated about 1 year ago.