Summit Hotel buys, sells hotels; closes $300M credit facility

10/16/2013 | American City Business Journals

Summit Hotel Properties has completed a flurry of deals recently. It has acquired two hotels, sold three and secured a $300 million credit facility. The acquisitions were the Hampton Inn & Suites in Camarillo, Calif. and the Hampton Inn & Suites in Poway, Calif. It sold the SpringHill Suites in Lithia Springs, Ga., the Fairfield Inn in Lewisville, Texas, and the Fairfield Inn in Lakewood, Colo.

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