Bjorn Hanson - Summit Hotel Independent Director

INN Stock  USD 6.13  0.06  0.99%   

Director

Dr. Bjorn R. L. Hanson Ph.D. is an Independent Director of the Company. Dr. Hanson was a member of the Board since the completion of our initial public offering, or IPO, in February 2011. Dr. Hanson served as our Lead Independent Director from June 2015 to January 2017. Dr. Hanson has worked in the hospitality industry for more than 40 years and was involved in consulting and investment banking in the lodging sector. He joined the New York University School of Professional Studies in June 2008 as a clinical professor teaching in the schools graduate and undergraduate hospitality and tourism programs and directing applied research projects. In 2010, he was appointed as the divisional dean of that schools Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, which he served as until returning to his full time faculty role in 2014 and now serves as Adjunct Clinical Professor. Dr. Hanson founded the hospitality, sports, convention and leisure practice and held various positions at PricewaterhouseCoopers and Coopers Lybrand, including National Industry Chairman for the Hospitality Industries, National Service Line Director for Hospitality Consulting, National Industry Chairman for Real Estate, Real Estate Service Line Director and National Director of Appraisal Services. Additionally, he served on the U.S. leadership committee and global financial advisory services management committee of PricewaterhouseCoopers. Dr. Hanson was also managing director with two Wall Street firms, Kidder, Peabody Co. and PaineWebber Inc., for which he led banking and research departments for lodging and gaming. Dr. Hanson is an active lodging consultant, including as an expert witness, and researcher producing widelypublished reports in major news media since 2011.
Age 69
Tenure 13 years
Professional MarksMBA
Address 13215 Bee Cave Parkway, Austin, TX, United States, 78738-6723
Phone512 538 2300
Webhttps://www.shpreit.com
Hanson received a B.S. from Cornell University School of Hotel Administration, an M.B.A. from Fordham University and a Ph.D. from New York University.

Summit Hotel Management Efficiency

The company has Return on Asset of 0.0159 % which means that on every $100 spent on assets, it made $0.0159 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0197) %, meaning that it generated no profit with money invested by stockholders. Summit Hotel's management efficiency ratios could be used to measure how well Summit Hotel manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of April 2024, Return On Tangible Assets is likely to grow to -0.0031. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Summit Hotel's Other Assets are very stable compared to the past year. As of the 28th of April 2024, Intangible Assets is likely to grow to about 48.2 M, while Total Assets are likely to drop about 1.7 B.
The company has 1.46 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Summit Hotel Properties has a current ratio of 1.88, which is typical for the industry and considered as normal. Debt can assist Summit Hotel until it has trouble settling it off, either with new capital or with free cash flow. So, Summit Hotel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Summit Hotel Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Summit to invest in growth at high rates of return. When we think about Summit Hotel's use of debt, we should always consider it together with cash and equity.

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Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Companys portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states. Summit Hotel operates under REITHotel Motel classification in the United States and is traded on New York Stock Exchange. It employs 63 people. Summit Hotel Properties (INN) is traded on New York Stock Exchange in USA. It is located in 13215 Bee Cave Parkway, Austin, TX, United States, 78738-6723 and employs 78 people. Summit Hotel is listed under Hotel & Resort REITs category by Fama And French industry classification.

Management Performance

Summit Hotel Properties Leadership Team

Elected by the shareholders, the Summit Hotel's board of directors comprises two types of representatives: Summit Hotel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Hotel's management team and ensure that shareholders' interests are well served. Summit Hotel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Hotel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Hansen, Chairman of the Board, President, Chief Executive Officer
Craig Aniszewski, Chief Operating Officer, Executive Vice President
Gregory Dowell, CFO, Executive Vice President Treasurer
Adam Wudel, Senior Markets
Hope Taitz, Independent Director
Jonathan Stanner, Chief Financial Officer, Executive Vice President, Treasurer
Paul Ruiz, Senior Vice President, Chief Accounting Officer
Kenneth Kay, Independent Director
Christopher Eng, Executive Vice President, Chief Risk Officer, General Counsel, Secretary
William Conkling, Chief Financial Officer, Executive Vice President
Greg Dowell, CFO, Executive Vice President Treasurer
Elisabeth Eisleben, IR Contact Officer
Thomas Storey, Independent Director
Bjorn Hanson, Independent Director
Mehul Patel, Independent Director
Jeffrey Jones, Non-Executive Independent Chairman of the Board
Amina Belouizdad, Independent Director
Paul CPA, Senior Officer

Summit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit Hotel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Summit Hotel's price analysis, check to measure Summit Hotel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Hotel is operating at the current time. Most of Summit Hotel's value examination focuses on studying past and present price action to predict the probability of Summit Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Hotel's price. Additionally, you may evaluate how the addition of Summit Hotel to your portfolios can decrease your overall portfolio volatility.
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Is Summit Hotel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Dividend Share
0.22
Earnings Share
(0.27)
Revenue Per Share
6.974
Quarterly Revenue Growth
0.03
The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.