Press Release

Summit Hotel Properties to Announce Third Quarter 2011 Earnings on November 10, 2011

Company Release - 11/3/2011

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- Summit Hotel Properties, Inc. (NYSE: INN), a real estate investment trust (REIT) specializing in the ownership of premium-branded hotels in the upscale and upper midscale segments, announced that it will release third quarter 2011 financial results on Thursday, November 10, 2011, after the market closes.

The company also announced that it will host a conference call to discuss its financial results at 9:00 a.m. ET on Friday, November 11, 2011 with Dan Hansen, President and Chief Executive Officer; and Stu Becker, Executive Vice President and Chief Financial Officer. Shareholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Summit’s website, www.shpreit.com or may call 866-800-8649, reference number 85830404. A recording of the call will be available by telephone until midnight on November 25, 2011, by dialing 888-286-8010 reference number 85347056. A replay of the conference call will be posted on Summit’s website through March 15, 2012.

About Summit Hotel Properties
Summit Hotel Properties, Inc. is a self-advised real estate investment trust focused on acquiring and owning premium-branded limited-service and select-service U.S. hotels in the upscale and upper midscale segments. As of November 3, 2011, the company’s hotel portfolio consisted of 70 hotels with a total of 7,100 guestrooms located in 19 states. Additional information about Summit may be found at the company’s website, www.shpreit.com.

Forward Looking Statement
Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. For a description of these factors, please review the information under the heading “Risk Factors” included in the company’s annual report on Form 10-K for the year ended December 31, 2010 filed with the U.S. Securities and Exchange Commission.

(Media)
Daly Gray Public Relations
Jerry Daly or Carol McCune, 703-435-6293
jerry@dalygray.com
or
(Investors)
Summit Hotel Properties, Inc.
Dan Boyum - VP of Investor Relations, 605-782-2015
dboyum@shpreit.com

Source: Summit Hotel Properties, Inc.