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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 34 slides",
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  "authorName": "Summit Hotel Properties",
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      "text": "Stabilized EBITDA Margin\n27% Full Service\n38% Select Service\n60% Onera",
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      "text": "Monarch Treehouse - Onera Fredericksburg",
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      "text": "Estimated Year 1 RevPAR of $400-$450 and NOI Yield of 15%-17% (2)\nForecasted EBITDA margins exceeding a typical hotel by 20-30 full percentage points\nTwo developments underway including an Onera Fredericksburg expansion opportunity and another high-end glamping project. Total Onera investment of $40-$45 million upon completion.",
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      "text": "1. Based on STR Host Almanac 2019. Figures represent total U.S. averages.\n2. Onera yield based on the initial investment amount of $5MM.",
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      "text": "Acquisition of Onera Fredericksburg, TX",
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