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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 30 slides",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "Acquisitions as a % of TEV (2) INN 45% BHR 37% PEB 15% SHO 13% DRH 13% XHR 13% CLDT 9% APLE 9% HST 7% RLJ 7% RHP 0% AHT 0% HT 0% PK 0%",
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      "text": "Gross Acquisition Value (1) HST $1,079 INN $975 PEB $802 BHR $539 APLE $428 SHO $410 DRH $403 XHR $329 RLJ $258 CLDT $102 RHP $0 AHT $0 HT $0 PK $0",
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      "text": "SUMMIT HOTEL PROPERTIES",
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      "text": "Over the past seven quarters, Summit has been highly acquisitive relative to the lodging peer set, setting the stage for outsized EBITDA growth over the next several years",
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      "text": "(2) Summit TEV based on market close price as of May 3, 2023. Summit acquisition value is pro rata. Peer data from SNL based on Q4 2022 reported data available and market close price as of May 3, 2023.",
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      "text": "(1) Amounts in millions. Acquisition activity for the period beginning July 1, 2021, through March 31, 2023.",
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