During the corresponding time, Summit Hotel Properties Inc recorded a revenue increase by 3.16 % year on year, sequentially revenue grew by 7.55 %. While revenue at the Summit Hotel Properties Inc 's corporate clients
Summit Hotel Properties Inc's Comment on Sales, Marketing and Customers
The company targets a diverse customer base, including business transient, group, leisure, and government travelers. It acquires lodging properties primarily in the top 50 metropolitan statistical areas (MSAs) and select destination markets. These properties operate under franchise brands such as Marriott, Hilton, Hyatt, and IHG, as well as select independent properties. The locations are typically near demand generators like corporate offices, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. The company’s properties attract frequent travelers who prefer brands with established loyalty rewards programs, including Marriott, Hilton, Hyatt, and IHG.
Summit Hotel Properties Inc’s Comment on Sales, Marketing and Customers
The company targets a diverse customer base, including business transient, group, leisure, and government travelers. It acquires lodging properties primarily in the top 50 metropolitan statistical areas (MSAs) and select destination markets. These properties operate under franchise brands such as Marriott, Hilton, Hyatt, and IHG, as well as select independent properties. The locations are typically near demand generators like corporate offices, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. The company’s properties attract frequent travelers who prefer brands with established loyalty rewards programs, including Marriott, Hilton, Hyatt, and IHG.
Sources:
Summit Hotel Properties inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Summit Hotel Properties inc’s corporate clients.
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