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INNPRACL.PFD (Summit Hotel Properties) FFO : $173.14 Mil (TTM As of Sep. 2024)


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What is Summit Hotel Properties FFO?

FFO (Funds from operations) is a measure of cash generated by by real estate investment trusts (REITs).

Summit Hotel Properties's FFO (Funds from operations) for the three months ended in Sep. 2024 was $32.71 Mil.

Summit Hotel Properties FFO Historical Data

The historical data trend for Summit Hotel Properties's FFO can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Summit Hotel Properties FFO Chart

Summit Hotel Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.74 -46.80 26.60 143.65 139.60

Summit Hotel Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
FFO Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.44 38.71 34.61 67.11 32.71

Summit Hotel Properties FFO Calculation

FFO (Funds from operations) is a measure of cash generated by by real estate investment trusts (REITs). It is different from Cash Flow from Operations.

GuruFocus' FFO (Funds from operations) data is provided directly by our data vendor. Instead of collecting data from a company's financial reports, the vendor calculates FFO based on its own methodology.

FFO for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $173.14 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Summit Hotel Properties Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INNPRACL.PFD) » Definitions » FFO
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Traded in Other Exchanges
INNpE.PFD:USA INN:USA
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Website
https://www.shpreit.com
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.