{
  "docId": "019de514-e3b9-753a-9253-1dc0c332f90b",
  "docSlug": "47ec3a9c4df8891986cbf326dd4221be",
  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 46 slides",
  "authorId": "summit-hotel-properties",
  "authorName": "Summit Hotel Properties",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 12,
  "pageCount": 46,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "traction",
  "function": "show_traction",
  "density": "dense",
  "nDataPoints": 20,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019de514-e3b9-753a-9253-1dc0c332f90b/12",
  "deckHref": "/decks/019de514-e3b9-753a-9253-1dc0c332f90b",
  "deckJsonHref": "/decks/019de514-e3b9-753a-9253-1dc0c332f90b.json",
  "deckAnchorHref": "/decks/019de514-e3b9-753a-9253-1dc0c332f90b#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.059,
        "w": 0.074,
        "x": 0.71,
        "y": 0.58
      },
      "kind": "callout",
      "text": "STR Upscale CAGR = 3.8%",
      "attrs": {},
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "683521a8-73b7-46b8-858a-ea5cf7c054eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.059,
        "w": 0.074,
        "x": 0.343,
        "y": 0.33
      },
      "kind": "callout",
      "text": "Summit CAGR = 5.0%",
      "attrs": {},
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7dba41d-7be7-4b64-ad84-6b52bdd445ef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.605,
        "w": 0.86,
        "x": 0.088,
        "y": 0.236
      },
      "kind": "chart",
      "text": "Cumulative RevPAR Growth: Summit Pro Forma Portfolio vs. STR Upscale (1)",
      "attrs": {
        "series": [
          {
            "data": [
              {
                "year": 2011,
                "value": "0%"
              },
              {
                "year": 2012,
                "value": "10%"
              },
              {
                "year": 2013,
                "value": "15%"
              },
              {
                "year": 2014,
                "value": "26%"
              },
              {
                "year": 2015,
                "value": "34%"
              },
              {
                "year": 2016,
                "value": "37%"
              },
              {
                "year": 2017,
                "value": "39%"
              },
              {
                "year": 2018,
                "value": "40%"
              },
              {
                "year": 2019,
                "value": "41%"
              }
            ],
            "name": "Summit"
          },
          {
            "data": [
              {
                "year": 2011,
                "value": "0%"
              },
              {
                "year": 2012,
                "value": "7%"
              },
              {
                "year": 2013,
                "value": "12%"
              },
              {
                "year": 2014,
                "value": "20%"
              },
              {
                "year": 2015,
                "value": "26%"
              },
              {
                "year": 2016,
                "value": "28%"
              },
              {
                "year": 2017,
                "value": "30%"
              },
              {
                "year": 2018,
                "value": "31%"
              },
              {
                "year": 2019,
                "value": "31%"
              }
            ],
            "name": "STR Upscale"
          }
        ],
        "chart_type": "line",
        "x_axis_label": "Year",
        "y_axis_label": "Cumulative RevPAR Growth"
      },
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be795965-9c79-4fdf-a3cf-a5af7b5d9d30",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.479,
        "x": 0.05,
        "y": 0.915
      },
      "kind": "source-note",
      "text": "(1) Based on the Smith Travel Research Lodging Review and as reported pro forma RevPAR growth for the applicable years",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "38a26cb7-359e-48d1-adda-ba0956a2d544",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.72,
        "x": 0.14,
        "y": 0.15
      },
      "kind": "title",
      "text": "Summit has a track record of outperformance with cumulative RevPAR growth exceeding the STR Upscale chain scale benchmark by a 120bps CAGR in the eight years leading into the pandemic",
      "attrs": {},
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "901e9d10-d48f-4d1f-bca8-1254f5bf9a5f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.028,
        "w": 0.899,
        "x": 0.046,
        "y": 0.056
      },
      "kind": "title",
      "text": "Efficient Operating Model and Best-in-Class Platform Drives Profitability",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e9275b19-7c25-476c-a686-3022d45c3454",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 15,
      "from": 8,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "30b4847a-6cc4-4896-9c94-95497cee07d7",
      "evidence": "The document presents a clear and concise investment thesis, using the Golden Circle framework.",
      "position": 0,
      "objective": "Why Summit's investment thesis is compelling",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}