Information Provided By: 
Fly News Breaks for January 7, 2019
INN
Jan 7, 2019 | 07:40 EDT
As previously reported, BofA/Merrill downgraded Summit Hotel Properties to Underperform from Neutral and lowered its price target to $10 from $12. Analyst Shaun Kelley expects select service hotels to continue to be impacted by rising labor/fixed costs and to have greater margin pressure than full service peers due given their more efficient operation structure. Kelley notes Summit's net leverage is above peers which increases risk in a period of decelerating RevPAR growth.
News For INN From the Last 2 Days
There are no results for your query INN
