This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Summit Hotel Properties Reports Second Quarter Results

Stocks in this article: INN

This schedule includes operating data for same store properties owned at all times by the Company during the three-month and six-month periods ended June 30, 2012 and 2011, excluding three hotels held for sale (Twin Falls, ID AmericInn & Suites, Twin Falls, ID Hampton Inn, Twin Falls, ID Holiday Inn Express & Suites, and Missoula, MT AmericInn Hotel & Suites).

Pro Forma Statistical Data for the Hotels


Pro Forma Operating Data
    2011     2012
Q3     Q4     FYE Q1     Q2
Room Revenue 44,088,931 36,906,089 162,256,261 41,832,422 47,459,645
Other Revenue 1,016,334   867,399   3,847,115   1,057,765   1,145,594  
Total Revenue 45,105,265 37,773,489 166,103,376 42,890,187 48,605,239
Hotel EBITDA 13,984,346   8,654,540   47,981,234   13,095,879   16,301,156  
Rooms Occupied 478,001 408,452 1,761,851 442,497 496,847
Rooms Available 684,726 684,603 2,713,133 677,858 676,797
Occupancy 69.8 % 59.7 % 64.9 % 65.3 % 73.4 %
ADR $92.24 $90.36 $92.09 $94.54 $95.52
RevPAR $64.39 $53.91 $59.80 $61.71 $70.12


6 of 9

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,077.89 +47.68 0.26%
S&P 500 2,090.79 +8.91 0.43%
NASDAQ 4,802.9050 +29.4330 0.62%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs