Summit Hotel Properties posts improved results for Q4

03/5/2013 | GlobeSt.com

Summit Hotel Properties says its pro forma revenue per available room during the fourth quarter of 2012 was up 9.7% from that of the same period last year, while pro forma average daily rate improved 3.9%. The company's adjusted earnings before interest and taxes during the same period rose 40%, to $52.1 million.

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