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Summit Hotel Properties (Summit Hotel Properties) 3-Year Revenue Growth Rate : 45.80% (As of Mar. 2024)


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What is Summit Hotel Properties 3-Year Revenue Growth Rate?

Summit Hotel Properties's Revenue per Share for the three months ended in Mar. 2024 was $1.78.

During the past 12 months, Summit Hotel Properties's average Revenue per Share Growth Rate was 6.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 45.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Summit Hotel Properties was 90.10% per year. The lowest was -24.20% per year. And the median was 3.10% per year.


Competitive Comparison of Summit Hotel Properties's 3-Year Revenue Growth Rate

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Summit Hotel Properties's 3-Year Revenue Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Summit Hotel Properties's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's 3-Year Revenue Growth Rate falls into.



Summit Hotel Properties 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


Summit Hotel Properties  (NYSE:INN) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Summit Hotel Properties 3-Year Revenue Growth Rate Related Terms

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Summit Hotel Properties (Summit Hotel Properties) Business Description

Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
Executives
Hope S Taitz director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jonathan P Stanner officer: EVP & Chief Financial Officer 12600 HILL COUNTRY BLVD, SUITE R-100, AUSTIN TX 78738
Mehulkumar Bhikhubhai Patel director 2117 KIMBALL HILL CT, SOUTHLAKE TX 76092
Newcrestimage Holdings, Llc 10 percent owner 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Bright Force Investment, Llc 10 percent owner /C/O NEWCRESTIMAGE HOLDINGS, LLC, 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Daniel P Hansen director, officer: President and CEO 4808 FLORENCE ST, BELLAIRE TX 77401
Craig J Aniszewski officer: EVP and COO 119 STORMY POINTE LN, MOORESVILLE NC 28117
William Higgins Conkling officer: EVP & Chief Financial Officer 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78738
Amina Belouizdad director 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78783
Paul Ruiz officer: SVP & Chief Accounting Officer 3200 WILCREST DRIVE SUITE 370, HOUSTON TX 77042
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Kenneth J Kay director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Greg A Dowell officer: Executive VP & CFO 805 LAS CIMAS PARKWAY, SUITE 400, AUSTIN TX 78746
Thomas W. Storey director 2701 S. MINNESOTA AVENUE, SUITE 6, SIOUX FALLS SD 57105
Wayne Wielgus director 10750 COLUMBIA PIKE, SILVER SPRING MD 20901