Description From the southern states to the Mountain States, Summit Hotel Properties has plenty of room for US travelers. Operating through its subsidiaries, Summit Hotel is a self-advised real estate investment trust (REIT) that holds a portfolio of about 65 mid-scale and upscale hotels in 19 states, including major markets in western and southern states like Arizona, Colorado, Idaho, and Texas. Its hotels, which comprise more than 6,500 rooms, operate primarily under brands owned by Marriott International, as well as Hilton, Hyatt, and ICH. Formed in 2010, Summit Hotel went public via a 2011 IPO.