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Rapid Growth And A Cheap Price Make Summit Hotels A Buy

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Tue, 5 Feb 2013

By Dane Bowler : Summit Hotel Properties ( INN ) went public in February of 2011 at a price of $9.75/share. The company has grown its FFO extensively, yet trades below its initial price. Early 2011 was an opportune time to go public as the hotel cycle was just entering its upswing. INN could use ...

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