Core Insights - Summit Hotel Properties, Inc. published its annual Corporate Responsibility Report, emphasizing its commitment to long-term shareholder value through responsible investments, environmental protection, and support for employees and communities [1][2]. Environmental, Social, and Governance (ESG) Initiatives - The company has made significant progress in its ESG program, achieving 87% of its reduction target set for the end of 2025 [2]. - Contributions and charitable activities have reached nearly $1,000,000, alongside 1,400 service volunteer hours supporting 55 charitable organizations [2]. - The company promotes a diverse, equitable, and inclusive work culture that rewards excellence based on merit and performance [2]. Corporate Responsibility Report - The report aims to provide stakeholders with insights into the company's commitments to environmental stewardship, social responsibility, governance, and resilience [3]. Company Overview - Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on premium-branded lodging properties, primarily in the Upscale segment [4]. - As of September 11, 2024, the company owns a portfolio of 96 assets, including 54 wholly owned properties, totaling 14,256 guestrooms across 24 states [4].
SUMMIT HOTEL PROPERTIES PUBLISHES 2024 CORPORATE RESPONSIBILITY REPORT