Summit Hotel Properties Sets Date to Report Fourth Quarter 2010 Earnings Results.(Financial report)

Summit Hotel Properties, a real estate investment trust (REIT) that owns 65 premium-branded limited-service and select-service hotels, announced that it will release fourth quarter 2010 financial results on Thursday, March 31, after the market closes.

The results will reflect earnings of the REIT's predecessor company, Summit Hotel Properties. On February 14, the company completed its initial public offering of common stock, generating proceeds of $253 million.

The company also announced that it will host a conference call to discuss its financial results at 9 a.m. ET on Friday, April 1 with Kerry Boekelheide, executive chairman of the board, Dan Hansen, president and CEO and Stu Becker, executive VP and CFO.

Shareholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Summit's website or may call 866-543-6408, reference number 90519685. A recording of the call will be available by telephone until midnight on April 8, by dialing 888-286-8010, reference number 89576998. A replay of the conference call will be posted on Summit's website through April 14.

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