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Summit Hotel Properties revenue
Summit Hotel Properties's revenue is $361.9 million.
What is Summit Hotel Properties's revenue?
- Summit Hotel Properties's revenue growth from 2009 to 2021 is -97.43%.
- Summit Hotel Properties has 50 employees, and the revenue per employee ratio is $7,238,520.
- Summit Hotel Properties's peak quarterly revenue was $188.1M in 2024(q1).
- Summit Hotel Properties peak revenue was $14.1B in 2009.
- Summit Hotel Properties annual revenue for 2020 was 234.5M, -57.32% growth from 2019.
- Summit Hotel Properties annual revenue for 2021 was 361.9M, 54.36% growth from 2020.
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Summit Hotel Properties historical revenue
Summit Hotel Properties's peak revenue was $14.1B in 2009. The peak quarterly revenue was $188.1M in 2024(q1).
Summit Hotel Properties's revenue increased from $14.1b in 2009 to $361.9M currently. That's a -97.43% change in annual revenue.
Summit Hotel Properties annual revenue
Summit Hotel Properties annual revenue over time
| Fiscal year / year | Summit Hotel Properties revenue |
|---|---|
| 2009 | $14.1B |
| 2010 | $128.6M |
| 2011 | $11.1M |
| 2012 | $161.7M |
| 2013 | $299.0M |
| 2014 | $403.5M |
| 2015 | $463.5M |
| 2016 | $473.9M |
| 2017 | $515.4M |
| 2018 | $567.3M |
| 2019 | $549.3M |
| 2020 | $234.5M |
| 2021 | $361.9M |
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Summit Hotel Properties annual growth
Summit Hotel Properties saw the greatest revenue growth in 2012, when revenue increased by 1,351.66%.
Summit Hotel Properties had the lowest revenue growth in 2010, when revenue changed by -99.09%.
Summit Hotel Properties annual growth rate over time
| Year | Summit Hotel Properties growth |
|---|---|
| 2010 | -99%↓ |
| 2011 | -91%↓ |
| 2012 | 1352%↑ |
| 2013 | 85%↑ |
| 2014 | 35%↑ |
| 2015 | 15%↑ |
| 2016 | 2%↑ |
| 2017 | 9%↑ |
| 2018 | 10%↑ |
| 2019 | -3%↓ |
| 2020 | -57%↓ |
| 2021 | 54%↑ |
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Summit Hotel Properties financial information
| CEO | Jonathan P. Stanner |
| Industry | Consumer Services |
| Company Type | Public |
| Employees Number | 50 |
| Date Founded | 2004 |
| Headquarters | Austin, Texas |
| Revenue | $361.9M |
| Net Income | $1,466,000 |
| Gross Proft | $148.8M (2021) |
| EBITDA | $78.4M (2021) |
| PE Ratio | -24.86 |
| Tax Rate | -0.0% |
| Market Capitalization | $1.6B |
| Total Assets | $3,022,270,000 |
| Ticker | INN |
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Summit Hotel Properties financing
Summit Hotel Properties received early financing of $100.0M on 2009-10-29.
| Series | Round size | Date |
|---|---|---|
| Equity | $100M | 10/2009 |
Summit Hotel Properties competitors
Summit Hotel Properties's top competitor, Pacific Pearl Hotels, earned an annual revenue of $608.0M.
Summit Hotel Properties's smallest competitor is Chateau Hotel with revenue of $190.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Phoenix Inn Suites | - | $41.3M | 2,500 | - |
| The Suites Hotel | - | $460,000 | 5 | - |
| Lexington Hotel | - | $2.6M | 10 | - |
| diplomathotels.com | - | $160.0M | 50 | - |
| Pacific Pearl Hotels | - | $608.0M | 180 | - |
| Visions Hotels | - | $910,000 | 9 | - |
| Caribbean Resort | - | $8.7M | 36 | - |
| Sands Resorts | - | $230.0M | 1,000 | - |
| TMI Hospitality | - | $570.0M | 7,500 | - |
| Coral Beach | - | $520,000 | 50 | - |
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Zippia gives an in-depth look into the details of Summit Hotel Properties, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Summit Hotel Properties. The employee data is based on information from people who have self-reported their past or current employments at Summit Hotel Properties. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Summit Hotel Properties. The data presented on this page does not represent the view of Summit Hotel Properties and its employees or that of Zippia.
Summit Hotel Properties may also be known as or be related to SUMMIT HOTEL PROPERTIES, INC., SUMMIT HOTEL PROPERTIES, LLC, Summit Hotel Properties, Summit Hotel Properties Inc and Summit Hotel Properties, Inc.