Summit Hotel Properties Announces 2026 Annual Meeting of Stockholders

Rhea-AI Summary

Summit Hotel Properties (NYSE: INN) announced its 2026 Annual Meeting of Stockholders for Wednesday, May 20, 2026 at 8:00 a.m. Central Time. The meeting will be held at the Hampton Inn & Suites Austin Downtown, 200 San Jacinto Boulevard, Austin, Texas 78701.

The meeting is open to stockholders of record as of March 6, 2026. As of February 19, 2026, the company reported a portfolio of 95 assets (52 wholly owned) totaling 14,348 guestrooms across 24 states.

News Market Reaction – INN

-2.73%

1 alert

-2.73% News Effect

On the day this news was published, INN declined 2.73%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Annual meeting date: May 20, 2026 Meeting time: 8:00 a.m. Central Time Record date: March 6, 2026 +5 more

8 metrics

Annual meeting date May 20, 2026 Scheduled 2026 Annual Meeting of Stockholders

Meeting time 8:00 a.m. Central Time Start time for 2026 Annual Meeting

Record date March 6, 2026 Stockholders of record eligible to attend/vote

Hotel assets 95 assets Portfolio size as of February 19, 2026

Wholly owned assets 52 hotels Wholly owned portion of portfolio

Guestrooms 14,348 guestrooms Total across portfolio in 24 states

States 24 states Geographic footprint of portfolio

Pre-news share price $4.34 Price before 2026 annual meeting announcement

Market Reality Check

Price: $4.34 Vol: Volume 875,721 is 26% abo...

normal vol

$4.34 Last Close

Volume Volume 875,721 is 26% above the 20-day average of 692,338, indicating elevated trading into this routine announcement. normal

Technical Shares at $4.34 are trading below the 200-day moving average of $5.07 and 34.74% below the 52-week high.

Peers on Argus

INN was down 2.73% while peers were mixed: SVC down 1.83%, but RLJ, SHO and XHR ...

INN was down 2.73% while peers were mixed: SVC down 1.83%, but RLJ, SHO and XHR up between 0.75% and 2.09%. This points to stock-specific trading rather than a uniform hotel REIT move.

Historical Context

5 past events · Latest: Jan 22 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 22	Dividend declaration	Positive	-1.7%	Announced Q4 2025 common and preferred dividend payments and yields.
Jan 12	Earnings date set	Neutral	-1.1%	Scheduled Q4 and full-year 2025 earnings release and conference call.
Nov 11	ESG report	Positive	-1.4%	Published 2025 Corporate Responsibility Report highlighting ESG initiatives.
Nov 04	Earnings results	Positive	+2.5%	Reported Q3 2025 results with portfolio updates and refinancing actions.
Oct 31	Dividend declaration	Positive	+1.6%	Declared Q3 2025 common and preferred dividends and payment dates.

Pattern Detected

Recent news, even when operationally or governance-positive, has often seen muted or negative next-day price reactions, with only some dividend and earnings items aligning positively.

Recent Company History

Over the past several months, Summit Hotel Properties has focused on steady portfolio and capital management. It reported Q3 2025 results on Nov 4, 2025 with a net loss but solid liquidity, followed by dividend declarations on Oct 31, 2025 and Jan 22, 2026 maintaining a $0.08 common quarterly payout. An earnings date release on Jan 12, 2026 reiterated the portfolio size of 95 assets and 14,348 guestrooms. The current annual meeting notice continues this pattern of routine corporate governance communication rather than marking a new financial or strategic inflection.

Market Pulse Summary

This announcement sets the logistics for Summit Hotel Properties’ 2026 annual meeting on May 20, 202...

Analysis

This announcement sets the logistics for Summit Hotel Properties’ 2026 annual meeting on May 20, 2026 and reiterates a portfolio of 95 assets, including 52 wholly owned hotels and 14,348 guestrooms across 24 states. It follows recent updates on dividends, earnings timing, and Q3 2025 performance. Investors may focus more on forthcoming financial results, portfolio transactions, and any changes in capital allocation policy discussed around the meeting rather than on the meeting details themselves.

Key Terms

real estate investment trust

1 terms

real estate investment trust financial

"Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused"

A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.

AI-generated analysis. Not financial advice.

AUSTIN, Texas, Feb. 20, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2026 Annual Meeting of Stockholders will be held Wednesday, May 20, 2026, beginning at 8:00 a.m. Central Time. The meeting will be held at the Hampton Inn & Suites Austin Downtown located at 200 San Jacinto Boulevard, Austin, Texas 78701. The meeting is open to all stockholders of record as of March 6, 2026.

About Summit Hotel Properties

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. As of February 19, 2026, the Company's portfolio consisted of 95 assets, 52 of which are wholly owned, with a total of 14,348 guestrooms located in 24 states.

For additional information, please visit the Company's website, www.shpreit.com, and follow on X at @SummitHotel_INN.

View original content to download multimedia:https://www.prnewswire.com/news-releases/summit-hotel-properties-announces-2026-annual-meeting-of-stockholders-302693795.html

SOURCE Summit Hotel Properties, Inc.

FAQ

When and where is Summit Hotel Properties' (INN) 2026 annual meeting?

The meeting is scheduled for May 20, 2026 at 8:00 a.m. CT. According to Summit Hotel Properties, it will be held at Hampton Inn & Suites Austin Downtown, 200 San Jacinto Boulevard, Austin, Texas.

Who is eligible to vote at Summit Hotel Properties (INN) 2026 annual meeting?

Stockholders of record as of March 6, 2026 are eligible to vote. According to Summit Hotel Properties, that record date determines which shareholders may participate and cast ballots at the meeting.

How many properties does Summit Hotel Properties (INN) report in its portfolio as of February 19, 2026?

The company reported a portfolio of 95 assets, with 52 wholly owned properties. According to Summit Hotel Properties, the portfolio totals 14,348 guestrooms across 24 states.

How can investors access more information about Summit Hotel Properties (INN) annual meeting?

Investors can visit the company's investor website and follow its X account for updates. According to Summit Hotel Properties, further meeting details and materials will be available on its website.

Will Summit Hotel Properties (INN) provide shareholder materials before the May 20, 2026 meeting?

Yes, shareholder materials will be made available before the meeting to eligible record holders. According to Summit Hotel Properties, materials and meeting logistics will be accessible via its investor relations website.