The company has completed the disposition of six hotels totaling 815 guestrooms. @SummitHotel_INN
Summit Hotel Properties prices public offering of 6.25% Series E Cumulative Redeemable Preferred Stock
Summit Hotel Properties, Inc. announced today that it has priced an underwritten public offering of 6,400,000 shares of its 6.25% Series E Cumulative Redeemable Preferred Stock (the ÒSeries E Preferred StockÓ) at a public offering price of $25.00 per share, for gross proceeds of $160 million.
Daniel Hansen appointed Chairman at Summit Hotel Properties
Mr. Hansen has served as the Company’s President and Chief Executive Officer and been a member of the board since the Company’s formation in 2010
Summit Hotel Properties prices public offering of 6.45% Series D Cumulative Redeemable Preferred Stock
The offering is expected to close on June 28, 2016, subject to customary closing conditions.
