Where Will Summit Hotel Properties be in 3 Years?

Summit Hotel Properties (NYSE: INN) has evolved over the past few years. While the hotel real estate investment trust (REIT) owns a similarly sized portfolio (it had 79 hotels and 11,590 guest rooms in mid-2017 versus 72 hotels and 11,288 guest rooms currently), it has sold several smaller hotels and recycled that capital into acquiring larger properties that boast higher earnings metrics. This portfolio refresh has enabled Summit to grow its RevPAR at a faster rate than its peers.

While Summit is currently facing some major headwinds due to COVID-19, the company believes it has a bright future. Here’s a look at where the hotel REIT might be in three years.

Where Summit Hotel Properties is today

As noted, Summit Hotel Properties currently has interests in 72 hotels spread across 23 states. Premium hotel brands like Marriott (NYSE: MAR), Hilton (NYSE: HLT), Hyatt (NYSE: H), and InterContinental (NYSE: IHG) operate

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The cast of ‘Wizards of Waverly Place’ 13 years later

"Wizards of Waverly Place" lasted for four seasons.
“Wizards of Waverly Place” lasted for four seasons.

Disney Channel

  • “Wizards of Waverly Place” premiered on Disney Channel in October 2007.

  • The show starred Selena Gomez, David Henrie, and Jake T. Austin as siblings with magical powers. 

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On October 12, 2007, “Wizards of Waverly Place” premiered on Disney Channel. The show centered on the Russo family living in New York’s Greenwich Village. On the sitcom, siblings Alex (played by Selena Gomez), Justin (David Henrie), and Max (Jake T. Austin) inherited magical powers from their father (David DeLuise).

The kids trained to become the superior wizard throughout the sitcom’s four seasons, while learning lessons from their parents (who owned the Waverly Sub Station). 

Here’s what the cast has been up to since the series debuted on Disney Channel 13 years ago. 

Selena Gomez starred as middle child Alex Russo.

In the 2013 TV movie "The Wizards Return: Alex vs. Alex," she cast a spell that resulted in two versions of herself — a good one and an evil counterpart.
In the 2013 TV movie “The
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The Ford Bronco Through the Years

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Back in the mid-1960s, Ford needed another blockbuster hit following the success of the wildly popular Mustang. Ford’s research showed that many people were buying surplus World War II jeeps, but the company figured that buyers wanted more creature comforts than the crude military vehicles provided. Hence, the Bronco was created—a pioneering model that the company referred to as a “sports-utility vehicle.”

The goal for the Bronco was to deliver a better combination of on- and off-road performance, as well as a more civilized ride, compared with the military vehicles, including the company’s own M-51 (aka military utility vehicle or Mutt). Indeed, Ford’s press materials at the time said the new Bronco was “equally at home on rugged mountain grades or on a run to the shopping center.” That description evokes the internal project name G.O.A.T., an acronym for

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How American Gaylen Grandstaff finally got out of Russia after years falsely jailed

Standing at border control in Moscow’s Sheremetyevo Airport in early April, Gaylen Grandstaff wasn’t sure what was about to happen.

A 53-year-old American from Texas, Grandstaff had been trapped in Russia for almost three years, stuck in a nightmare because of a cleaning product.

Falsely charged by Russian prosecutors with large-scale drug smuggling for ordering a bottle of solvent cleaner online , he had spent nearly two of those years in a Moscow jail while on trial, an ordeal that ABC News chronicled in a documentary film last year.

A court released him and twice found the charges against him to be unfounded. But police had refused to let go of the case.

So as he’d walked towards passport control, Grandstaff thought at best he might likely be turned back—at worst he was taking steps back towards prison.

That didn’t happen. Instead, Grandstaff is finally back in the United States—out

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With bankruptcies surging, 2020 may become one of the busiest years for Chapter 11 filings since the Great Recession

Twelve midsize to large corporations – all with more than $10 million in debt – filed for Chapter 11 bankruptcy protection during the third week of June, another consequence of the coronavirus pandemic and continued trouble in America’s oil industry.

The filings represent the highest weekly total of the year, and experts believe this is just the beginning of a bankruptcy tsunami that will wash over the country’s largest companies this summer and then drench both smaller businesses and individuals if government stimulus money dries up.

“I very much expect to see the numbers continue to rise” said Ed Flynn, a consultant for the American Bankruptcy Institute, a nonpartisan research organization. “Every day there are more rumors of this or that company, and the rumors are almost never wrong.”

The types of companies affected are unsurprising. Since the start of the pandemic, they have included businesses that consumers have studiously

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After Years of Decline, the Military’s Commissary System Just Had Its Highest Sales Day Ever

Between an influx of veterans newly granted access to military resale stores and customers preparing for shutdowns during the novel coronavirus pandemic, Defense Department commissary stores saw a 26% increase in sales in the first quarter of 2020.

Now the DoD is trying to figure out how to retain these customers, looking at their shopping preferences and behaviors to guide future services and offerings at stores, DoD Chief Management Officer Lisa Hershman told

Read Next: F-35A Joint Strike Fighters Banned from Flying Near Lightning over Explosion Concerns

While a boost in customers was not unexpected this year, given that 4.1 million disabled veterans became eligible to shop at military stores on Jan. 1, the jump in patrons just before and during the pandemic was unprecedented: On March 13 — the Friday before many states moved to stay-at-home orders — the commissary system saw its highest single sales day ever,

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Five Years Ago, We Launched A Crowdfunding Campaign To Be Dads

On Father’s Day in 2015, life looked pretty different for Anthony Szabo and Kirk Shepard. And not just in the “not in a worldwide pandemic” sense. At the time, the Oregon-based couple was launching a crowd-sourced fundraising campaign to help them cover the cost of having a baby. After weighing the options of adoption and fostering, Kirk and Anthony decided they wanted to try to use a surrogate to have a child. 

But surrogacy is expensive, they’d learned after some research. It would cost them around $120,000, maybe more.

“The cost can be absurd,” Kirk says.

“Insurance didn’t cover anything in terms of fertility treatments,” Anthony adds.

They decided they’d need some help. After rigorously looking online for financial aid and grants, they knew it would be an uphill battle. So they set up an Indiegogo account, hoping to raise “$75,000 and awareness.” 

“We came up with that number, and

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