|Summit Hotel Properties, Inc. (Summit REIT) is a real estate investment trust (REIT). The Company is a hotel investment company. Summit REIT holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). It focuses on acquiring and owning hotels in the upper midscale and upscale segments of the United Sates lodging industry, as these segments are defined by Smith Travel Research (STR). In January 2014, Summit Hotel Properties Inc announced acquisitions and completed the disposition of five hotels the 213-guestroom Hyatt Place located in Minneapolis, MN, the 182-guestroom Hilton Garden Inn located in Houston, TX and the 98-guestroom Hampton Inn located in Santa Barbara (Goleta) CA. In January 2014, Summit Hotel Properties Inc completed the acquisition of 101-guestroom Four Points by Sheraton and the dispositions of the 89-guestroom AmericInn Hotel & Suites and the 57-guestroom Aspen Hotel & Suites located in Fort Smith.