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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 31 slides",
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  "authorName": "Summit Hotel Properties",
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  "presentationDate": "2024-02-01 00:00:00",
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      "text": "Acquisitions as a % of TEV (2)\n33%\n24%\n14%\n11%\n8%\n7%\n7%\n7%\n3%\n2%\n2%\n0%\n0%\nBHR INN XHR RHP SHO DRH APLE PEB CLDT HST RLJ AHT PK",
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      "text": "Gross Acquisition Value (1)\n$800\n$526\n$461\n$366\n$330\n$328\n$315\n$232\n$207\n$59\n$31\n$0\n$0\nRHP INN BHR APLE PEB XHR HST SHO DRH RLJ CLDT AHT PK",
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      "text": "Over the past two years, 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": "1. Amounts in millions. Completed acquisition activity for the period beginning January 1, 2022, through December 31, 2023.\n2. Summit TEV based on market close price as of February 23, 2024. Summit acquisition value is pro rata. Peer data from SNL based on Q3 2023 reported data available and market close price as of February 23, 2024.",
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      "kind": "title",
      "text": "Targeted capital allocation strategy with proven track record of transaction driven value creation",
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