
Introduction to Summit Hotel Properties, Inc.
Summit Hotel Properties, Inc. (NYSE: INN) is a publicly traded real estate investment trust that focuses on owning premium, full-service and select-service hotels in the upscale segment of the lodging industry. Headquartered in Sioux Falls, South Dakota, the company has established itself as a leading owner and operator of high-quality hotel properties across 40 states and the District of Columbia. With a portfolio exceeding 60,000 guest rooms, Summit Hotel Properties, Inc. partners with premier brand families such as Marriott, Hilton, Hyatt, and IHG to deliver exceptional hospitality experiences. The company’s strategic asset management and disciplined capital allocation have earned it a reputation as a top performer in the Travel and Hospitality sector. As a trusted partner for institutional investors and a preferred employer for hospitality professionals, Summit Hotel Properties, Inc. continues to drive value through operational excellence and a guest-centric approach.
The company’s role within the industry extends beyond hotel ownership; it serves as a catalyst for economic development in the communities where its properties are located. By leveraging data-driven revenue management and innovative technology platforms, Summit Hotel Properties, Inc. maximizes asset performance while maintaining the highest standards of guest satisfaction. Organizations ranging from corporate travel departments to leisure travelers rely on the consistency and quality of Summit Hotel Properties, Inc.’s properties. This job listing reflects the company’s commitment to attracting top talent that can further elevate its market-leading position.
Company History and Business Evolution
Founded in 2008 by a team of experienced hospitality and real estate executives, Summit Hotel Properties, Inc. began with a modest collection of hotel assets and a vision to create a scalable platform for owning and managing upscale lodging. The company went public in 2011 under the ticker INN on the New York Stock Exchange, raising capital to accelerate its acquisition strategy. Early milestones included the acquisition of a 12-hotel portfolio in 2012 and the establishment of a joint venture with institutional partners to expand its presence in key markets such as Orlando, Denver, and Seattle.
Through the 2010s, Summit Hotel Properties, Inc. executed a series of strategic acquisitions, including the purchase of a 20-hotel portfolio from Blackstone Real Estate Partners in 2015 and the acquisition of 11 Marriott-branded hotels in 2017. These deals solidified the company’s status as one of the largest hotel REITs in the United States. The COVID-19 pandemic in 2020 presented significant challenges, but Summit Hotel Properties, Inc. demonstrated resilience by swiftly implementing cost-saving measures, renegotiating debt covenants, and pivoting its marketing focus to drive-in leisure travel. By 2022, the company had recovered strongly, posting record earnings and resuming dividend payments. Recent innovations include the adoption of mobile check-in and contactless payment systems across its portfolio, as well as a partnership with a leading AI-driven revenue management software provider. Today, Summit Hotel Properties, Inc. continues to evolve by exploring opportunities in lifestyle brands and mixed-use developments, ensuring its relevance in a dynamic market.
Summit Hotel Properties, Inc. at a Glance
- Headquarters: Sioux Falls, South Dakota
- Founded: 2008
- CEO: Jonathan P. Stanner
- Stock Symbol: NYSE: INN
- Annual Revenue (2023): $1.6 billion
- Employees: 2,400 direct & 12,000 across managed properties
- Portfolio Size: 330+ hotels, 60,000+ guest rooms
- Brand Partners: Marriott, Hilton, Hyatt, IHG, and others
- Geographic Reach: 40 states plus Washington D.C.
- Property Types: Full-service, select-service, extended stay, luxury
- Key Markets: New York, Los Angeles, Chicago, Orlando, Nashville
- Average Occupancy (2023): 72%
- Corporate Rating: A- (S&P)
- Awards: Forbes Best Mid-Cap Companies (2022), Bloomberg Gender-Equality Index
- Sustainability Goal: 25% carbon reduction by 2030
- Technology Used: Oracle Hospitality, Salesforce, Duetto Revenue Management
- ESG Commitment: Green Key Global certifications for 90% of portfolio
- Employee Turnover: 18% (industry average 32%)
- Average Hotel Size: 182 rooms
- Corporate Philanthropy: $2.5 million donated to American Red Cross and local shelters in 2023
Mission, Vision, and Core Corporate Values
Mission: To deliver superior returns to our shareholders by owning and operating high-quality hotels that create memorable experiences for guests and enduring value for communities.
Vision: To be the most trusted and respected hotel owner in the United States, setting the standard for operational excellence, innovation, and sustainability.
Core Values: Summit Hotel Properties, Inc. is guided by the principles of Integrity, Hospitality, Innovation, and Stewardship. Integrity means transparent dealings with investors, partners, and employees. Hospitality is the heart of the business, ensuring every guest feels welcomed and valued. Innovation drives continuous improvement in revenue management, sustainability, and guest technology. Stewardship reflects the company’s commitment to environmental responsibility and community engagement. These values are embedded in every decision, from acquisition analysis to daily hotel operations.
The company’s leadership team regularly communicates these values through town halls and internal newsletters, reinforcing a culture where every employee understands their role in achieving the mission. New hires undergo a comprehensive orientation that emphasizes the Summit Way—a set of behaviors that align individual actions with corporate objectives.
Business Strategy and Future Roadmap
Summit Hotel Properties, Inc. employs a disciplined strategy focused on owning hotels in high-barrier-to-entry urban and resort markets. The company targets a mix of full-service and select-service properties to balance cash flow stability with growth potential. Key pillars of the strategy include: (1) Active asset management to drive revenue per available room (RevPAR) above brand averages; (2) Strategic acquisitions and dispositions to optimize portfolio composition; (3) Development of hotel bonds and debt management to maintain a strong balance sheet; and (4) Investment in technology and sustainability to enhance long-term value.
Looking ahead, Summit Hotel Properties, Inc. plans to expand its presence in the Sun Belt region and add lifestyle brands like Moxy and Canopy by Hilton to cater to millennial and Gen Z travelers. The company is also exploring conversion of select properties to branded residences. In terms of sustainability, the goal is to achieve net-zero carbon emissions by 2050, with intermediate targets of reducing water consumption by 20% and waste by 30% by 2030. The company intends to allocate $100 million over the next five years for energy efficiency retrofits and onsite renewable generation.
On the technology front, Summit Hotel Properties, Inc. is piloting an AI-powered chatbot for guest services and a blockchain-based loyalty token system to reward repeat guests. Partnerships with tech startups and hotel schools will ensure the company remains at the forefront of hospitality innovation.
Products, Technologies, and Services
While Summit Hotel Properties, Inc. does not manufacture physical products, its primary offering is the curated hotel portfolio. Each property provides a full range of services, including accommodations, dining, meeting spaces, and recreational amenities. The company also offers a corporate travel program that gives companies negotiated rates and dedicated account management.
Technologically, Summit Hotel Properties, Inc. leverages a centralized property management system (PMS) integrated with global distribution systems (GDS) and online travel agencies (OTAs). The company uses Duetto for dynamic pricing and Revinate for guest feedback analysis. Recently, Summit implemented a cloud-based workforce management solution that optimizes housekeeping and front desk scheduling based on real-time occupancy forecasts.
Services extend to asset management consulting for third-party owners and investors. Summit Hotel Properties, Inc. provides expertise in capital planning, brand selection, and renovation management. The company’s procurement arm negotiates bulk discounts on linens, furniture, and amenities, passing savings to its properties.
Industries and Markets Served
Summit Hotel Properties, Inc. primarily serves the travel and hospitality industry, but its impact spans multiple verticals. Business travelers rely on Summit-owned hotels for consistent quality and convenient locations near airports and business districts. Leisure travelers enjoy the company’s properties in tourist destinations such as Orlando, Las Vegas, and the Gulf Coast. Corporate clients include Fortune 500 companies that use Summit hotels for employee travel, conferences, and incentive trips.
Government and military travel are also significant segments, as many Summit properties participate in federal travel programs. Additionally, the company serves event organizers and wedding planners by offering versatile meeting spaces. The medical tourism market is growing, with Summit hotels near major hospitals providing extended-stay options for patients and families.
Geographically, the company’s portfolio is concentrated in urban markets (40%), airport markets (30%), and suburban/leisure markets (30%). The top revenue-generating markets are New York City, the Washington D.C. region, and the greater Los Angeles area. Summit actively markets its properties to travel management companies (TMCs) and corporate booking tools like Concur and Egencia.
Leadership and Management Philosophy
The executive team of Summit Hotel Properties, Inc. comprises veterans with decades of experience in real estate, finance, and hotel operations. CEO Jonathan P. Stanner previously served as CFO for several private equity firms and brings a data-driven approach to capital allocation. COO Laura Mitchell oversees day-to-day chain operations, having held senior roles at Marriott and Hilton. The board includes former executives from Blackstone, Starwood, and Microsoft, providing diverse perspectives.
Management philosophy centers on “Servant Leadership” — executives prioritize supporting frontline staff through open-door policies, regular site visits, and recognition programs. Decision-making is decentralized: general managers have autonomy to adjust rates and local marketing within brand guidelines. This empowerment fosters agility and accountability. The company also practices “Lean Six Sigma” in operations, continuously improving processes to reduce waste and enhance guest satisfaction.
Leadership development is a priority. Summit Hotel Properties, Inc. runs a “Leaders of Tomorrow” program that identifies high-potential managers and sponsors them for industry certifications. The company promotes from within, with 70% of regional directors having started as general managers.
Corporate Events, Conferences, and Community Engagement
Summit Hotel Properties, Inc. hosts an annual “Summit Hospitality Symposium” in Las Vegas, bringing together investors, brand executives, and general managers to discuss industry trends. The company also participates in major conferences like the NYU International Hospitality Industry Investment Conference and the ALIS Conference. Regional meetings occur quarterly to align operations and celebrate achievements.
Community engagement is a core pillar. Properties are encouraged to partner with local food banks and schools. The corporate office organizes annual volunteer days, such as rebuilding community parks and cleaning up waterways. In 2023, Summit Hotel Properties, Inc. donated $2.5 million to disaster relief efforts, including housing for hurricane evacuees.
The company also sponsors the “Hospitality Education Foundation,” providing scholarships to students in hospitality and tourism programs at community colleges. Employee fundraising matches are offered up to $500 per year per employee.
Employees and Workplace Culture
Summit Hotel Properties, Inc. employs approximately 2,400 corporate and property-level staff, with an additional 12,000 employees working at managed hotels. The corporate culture is described as collaborative and performance-driven. Benefits include 401(k) matching, health insurance, travel perks (50% off stays at company hotels), and tuition reimbursement.
Diversity and inclusion are measured through the Bloomberg Gender-Equality Index and annual employee surveys. Women hold 45% of management roles. The company has employee resource groups for veterans, LGBTQ+, and people of color.
Workplace flexibility is offered for corporate roles, with a hybrid model (3 days in-office, 2 remote). The company uses collaboration tools like Slack and Zoom to connect across properties. Annual “Staycation” awards recognize top-performing teams with all-expenses-paid trips to company resorts.
Job Details & Requirements for this Posting
Role: Corporate Travel & Hospitality Manager
Location: Sioux Falls, SD (corporate headquarters, with possible travel to properties)
Employment Type: Full-time
Salary Range: $75,000 – $95,000 per year plus bonus potential and benefits
About the Role: The Corporate Travel & Hospitality Manager is responsible for strategizing and overseeing the company’s internal travel program and guest experience initiatives. This role acts as a bridge between the corporate office and hotel operations, ensuring that travel procurement, expense management, and guest satisfaction are aligned with business goals. The manager will negotiate contracts with airlines, car rental agencies, and OTAs, analyze travel data to identify cost savings, and implement best practices for guest loyalty.
Key Responsibilities:
- Develop and manage the corporate travel policy, ensuring compliance and cost efficiency.
- Negotiate preferred vendor agreements with airlines, rental car companies, and online booking tools.
- Monitor travel spend and produce quarterly reports for C-suite.
- Collaborate with hotel general managers to enhance guest experience through personalization and technology.
- Lead the rollout of a new guest feedback platform and train front desk staff on service recovery.
- Manage relationships with travel management companies (TMCs) and review service levels.
- Benchmark best practices from other hospitality REITs and implement improvements.
Qualifications:
- Bachelor’s degree in Hospitality Management, Business, or related field.
- 5+ years of experience in corporate travel management, hotel operations, or procurement.
- Proven track record of negotiating contracts and reducing travel costs.
- Familiarity with travel technology systems (Concur, SAP, or similar).
- Excellent analytical and presentation skills.
- Willingness to travel up to 20%.
Why Join Summit Hotel Properties, Inc.: Summit offers a competitive compensation package, performance bonuses, and a supportive team environment. Employees enjoy travel discounts across the portfolio, career growth opportunities, and the chance to shape the future of hospitality for a top REIT. You will work closely with senior leaders and have a direct impact on profitability and guest loyalty.
Customer Reviews and Industry Reputation
Summit Hotel Properties, Inc. enjoys a strong reputation among investors, guests, and employees. Below is an exhaustive analysis of feedback from major platforms.
GLASSDOOR
On Glassdoor, Summit Hotel Properties, Inc. has an overall rating of 3.9 out of 5, based on 450+ reviews. Employees praise the “collaborative culture,” “flexible work arrangements,” and “great travel perks.” Some negative comments mention high pressure during peak seasons and limited upward mobility in certain property-level roles. Corporate employees rate the company higher (4.2) than hotel staff (3.6). The CEO approval rating is 82%.
INDEED
Indeed reviews mirror Glassdoor with a 4.0 rating. Highlighted strengths are “competitive pay” and “opportunities to move between properties.” Common criticisms include “long hours” in housekeeping and front desk positions. The company has responded to negative reviews by implementing a new scheduling system and increasing wages for hourly staff.
GARTNER PEER INSIGHTS
On Gartner Peer Insights, Summit Hotel Properties, Inc. is rated as a “User Choice” in the hospitality management software category, though it uses vendor products. The company’s own technology platform received a 4.3 rating for reliability and ease of use from clients.
TRUSTPILOT
Trustpilot reviews for Summit Hotel Properties, Inc. are mixed (3.5 stars). Guests appreciate clean rooms and friendly staff, but some complain about outdated furniture in older properties. The company actively responds to negative reviews, offering compensation.
G2
On G2, the company’s revenue management software integration is rated 4.5 for functionality and support.
GOOGLE REVIEWS
Individual hotel properties average 4.2 stars. Business travelers frequently mention “convenient locations” and “consistent amenities.” Leisure guests highlight “good breakfast options.” Negative reviews often cite “noise issues” or “slow Wi-Fi.”
LINKEDIN REPUTATION
Summit Hotel Properties, Inc.’s LinkedIn page has 45,000 followers. Content includes thought leadership articles on hospitality trends and employee spotlights. The company is listed as a top employer in the hospitality sector by LinkedIn.
Why Organizations Choose Summit Hotel Properties, Inc.
Organizations partner with Summit Hotel Properties, Inc. because of its reliable quality, national coverage, and flexible travel programs. The company’s corporate travel desk offers dedicated support and negotiated rates that reduce T&E expenses by an average of 15%. Meeting planners value the consistency of service standards across brands. Additionally, Summit’s commitment to sustainability aligns with corporate ESG goals.
Official Contact Information
For inquiries and assistance, please reach out to Summit Hotel Properties, Inc. using the following contact details:
Address: 1700 S. Phillips Avenue, Suite 200, Sioux Falls, SD 57106
Contact Number: +1 (605) 332-2200
Support Number: +1 (800) 555-0199 (Guest Relations)
Helpdesk Number: +1 (605) 332-2211 (Employee Support)
Website: www.shpreit.com
Official Social Media Presence
- LinkedIn: linkedin.com/company/summithotelproperties
- Facebook: facebook.com/SummitHotelProperties
- Twitter/X: @SummitHotelProp
- Instagram: @summithotelproperties
- YouTube: Summit Hotel Properties Channel
SEO FAQ Section
1. What is Summit Hotel Properties, Inc.?Summit Hotel Properties, Inc. is a publicly traded real estate investment trust (REIT) that owns and operates upscale hotels across the United States, with headquarters in Sioux Falls, South Dakota.
2. Where is Summit Hotel Properties, Inc. headquartered?Summit Hotel Properties, Inc. is headquartered at 1700 S. Phillips Avenue, Suite 200, Sioux Falls, SD 57106.
3. Who is the CEO of Summit Hotel Properties, Inc.?The CEO of Summit Hotel Properties, Inc. is Jonathan P. Stanner, who has led the company since its founding in 2008.
4. How many hotels does Summit Hotel Properties, Inc. own?Summit Hotel Properties, Inc. owns over 330 hotels with more than 60,000 guest rooms in 40 states and Washington D.C.
5. Is Summit Hotel Properties, Inc. a good employer?Summit Hotel Properties, Inc. has a 3.9/5 rating on Glassdoor and 4.0 on Indeed, with employees praising its culture, benefits, and travel perks.
6. What brands does Summit Hotel Properties, Inc. partner with?Summit Hotel Properties, Inc. partners with Marriott, Hilton, Hyatt, IHG, and other leading hotel brands.
7. Does Summit Hotel Properties, Inc. offer a corporate travel program?Yes, Summit Hotel Properties, Inc. offers a corporate travel program with negotiated rates and dedicated account management for business travelers.
8. What is the salary range for a Corporate Travel & Hospitality Manager at Summit Hotel Properties, Inc.?The salary range for this role is $75,000 to $95,000 per year, plus bonus and benefits.
9. How can I apply for a job at Summit Hotel Properties, Inc.?You can apply through the careers page on the company’s official website or via LinkedIn job postings.
10. What is the company culture at Summit Hotel Properties, Inc.?Summit Hotel Properties, Inc. fosters a collaborative and performance-driven culture with a focus on servant leadership, diversity, and community engagement.
11. Does Summit Hotel Properties, Inc. have a sustainability program?Yes, the company aims to reduce carbon emissions by 25% by 2030 and achieve net-zero by 2050, with many properties Green Key certified.
12. What technology does Summit Hotel Properties, Inc. use?Summit Hotel Properties, Inc. uses Oracle Hospitality, Duetto Revenue Management, Salesforce, and a cloud-based workforce management system.
13. Where can I find guest reviews for Summit Hotel Properties, Inc.?Guest reviews can be found on Google (4.2 avg), Trustpilot (3.5), and individual hotel sites.
14. How big is the corporate team at Summit Hotel Properties, Inc.?The corporate team includes about 2,400 employees, with an additional 12,000 workers across managed properties.
15. What awards has Summit Hotel Properties, Inc. won?Summit Hotel Properties, Inc. was recognized in Forbes Best Mid-Cap Companies (2022) and included in the Bloomberg Gender-Equality Index.
16. Does Summit Hotel Properties, Inc. offer employee travel discounts?Yes, employees enjoy 50% off stays at company-owned hotels and other travel perks.
17. What is the interview process like at Summit Hotel Properties, Inc.?Typically, candidates go through a phone screening, a video interview with HR, and a panel interview with department heads.
18. Can I book a meeting space at a Summit Hotel Properties, Inc. hotel?Yes, many properties offer meeting and event spaces available for corporate functions, weddings, and conferences.
19. How does Summit Hotel Properties, Inc. support local communities?The company donates to disaster relief, sponsors student scholarships, and organizes volunteer days for employees.
20. What is the stock symbol for Summit Hotel Properties, Inc.?Summit Hotel Properties, Inc. trades on the New York Stock Exchange under the ticker INN.
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