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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 34 slides",
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      "text": "53%\n32%\nSummit\nPeer Avg",
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      "text": "2.86%\n$75\n2.92%\n$125\n3.35%\n$51\n$51\n2.60%\n$100\n2.56%\n$100\n2023\n2024\n2025\n2026\n2027\n2028\n2029+",
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      "text": "SUMMIT\nHOTEL PROPERTIES",
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      "text": "1. Based on financials and pro rata debt as of July 31, 2023. Assumes fully-extended maturity dates for all loans.\n2. Summit's market close price as of July 31, 2023. Amounts are pro rata.\n3. Peer data from SNL based on the Q1 2023 reported data available.\n4. Total liquidity represented as a percent of equity market cap.",
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      "text": "Limited Variable-Rate Debt Exposure (1,3)\nOnly 21% of pro rata debt and preferred with variable interest rates",
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      "text": "Minimal Near-Term Debt Maturities (1,3)\nOnly 10% of pro rata debt matures by 2024 limiting interest rate refinancing risk",
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      "text": "Extended Swap Maturities (1,3)\nBlended swap rate of 2.86% with an average maturity of 3.2 years",
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      "text": "Exceptional Liquidity Profile Among the Industry's Best 1,2,3,4)\n~$425MM of total liquidity (53% of equity market cap) (1,2,3)",
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