Summit Hotel Properties, Inc. INN

Competitive advantage analysis · real-estate

REIT Specialized
Overall moat score
58/100
Moderate

About Summit Hotel Properties, Inc.

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. As of November 4, 2025, the Company's portfolio consisted of 95 assets, 52 of which are wholly owned, with a total of 14,347 guestrooms located in 24 states. Full INN analysis →

Competitive advantage assessment

Key strengths

  • Strong AFFO Generation AFFO generation is strong (score 0.83), supporting dividend sustainability.
  • Dividend Well-Covered by AFFO Dividend coverage is healthy (score 0.97).

Key risks

  • Weak NOI Margins NOI margins lag peers (score 0.38), indicating weak pricing power.
  • Volatile Occupancy/NOI NOI volatility is high (stability 0.45), raising occupancy concerns.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Rent Pricing Power

Developing
41

Where INN ranks in REIT - Hotel & Motel

Summit Hotel Properties, Inc. ranks #9 of 19 scored companies in REIT - Hotel & Motel by moat score — the top 47%. The widest moat in the group is Apple Hospitality REIT, Inc. (APLE) at 94/100.

Moat scores for companies ranked near INN in REIT - Hotel & Motel
# Company Moat score Rating
5 Service Properties Trust - Shar SVC 66/100 Moderate
6 Diamondrock Hospitality Company DRH 66/100 Moderate
7 Ryman Hospitality Properties, I RHP 63/100 Moderate
8 Xenia Hotels & Resorts, Inc. XHR 59/100 Moderate
9 Summit Hotel Properties, Inc. INN 58/100 Moderate
10 Sotherly Hotels Inc. SOHO 54/100 Moderate
11 Sotherly Hotels Inc. - 8.25% Se SOHON 50/100 Developing
12 Sotherly Hotels Inc. - 7.875% S SOHOO 49/100 Developing
13 Braemar Hotels & Resorts Inc. BHR 48/100 Developing

See every Real Estate Investment Trusts company ranked by moat score →

How INN scores on the REIT Specialized defenses

Rent Pricing Power

Score 41 · 20% of the moat score

For a REIT, pricing power is the ability to raise rents at renewal and still keep the space occupied.

AFFO Strength

Score 88 · 18% of the moat score

AFFO — adjusted funds from operations — is the cash a REIT can actually distribute after the recurring capital spending buildings need in order to stay leasable.

Balance Sheet & Cost of Capital

Score 59 · 20% of the moat score

Real estate is bought with borrowed money, so a REIT's cost of capital is its competitive advantage.

Capital Recycling & Growth

Score 49 · 16% of the moat score

REITs grow by issuing shares and debt to buy more property, which creates value only when the yield on the asset exceeds the cost of the capital raised.

Operational Efficiency

Score 60 · 14% of the moat score

Running property — leasing, maintenance, taxes, management — is the part of the business a REIT genuinely controls.

Portfolio Quality & Diversification

Score 52 · 12% of the moat score

Portfolio quality is really a question about what happens when a tenant fails.

How each REIT Specialized defense is measured, in full →

Understanding INN's moat

What is Summit Hotel Properties, Inc.'s moat score?

Summit Hotel Properties, Inc. (INN) scores 58 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #9 of 19 scored companies in REIT - Hotel & Motel, the top 47%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 29 companies in REIT - Hotel & Motel. Its strongest defense is AFFO Strength (88/100) and its weakest is Rent Pricing Power (41/100).

How does Summit Hotel Properties, Inc. compare with other REIT - Hotel & Motel companies?

Summit Hotel Properties, Inc. ranks #9 of 19 scored companies in REIT - Hotel & Motel by moat score. The widest moat in REIT - Hotel & Motel is Apple Hospitality REIT, Inc. (APLE) at 94/100. The companies ranked closest are Xenia Hotels & Resorts, Inc. (XHR) at 59 just above it and Sotherly Hotels Inc. (SOHO) at 54 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — REIT Specialized in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 29 companies in REIT - Hotel & Motel. The defenses are then weighted to produce the overall score out of 100.

Why is Summit Hotel Properties, Inc. scored with the REIT Specialized template?

A REIT is a portfolio of buildings financed with debt and required to distribute most of its taxable income. Reported earnings are dominated by depreciation on assets that often appreciate, so net income says very little; the real question is how much cash the properties distribute, and how securely. The REIT template scores what determines that: rent pricing, distributable cash, cost of capital, and the discipline behind growth.

Which competitive defenses are measured for Summit Hotel Properties, Inc.?

The REIT Specialized template measures 6 defenses, and INN scores: Rent Pricing Power (41), AFFO Strength (88), Balance Sheet & Cost of Capital (59), Capital Recycling & Growth (49), Operational Efficiency (60), Portfolio Quality & Diversification (52). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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