SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2023 RESULTS

First Quarter 2023 Pro Forma RevPAR Grows 19.3% Operating Income Increase Drives Adjusted EBITDAre Growth of 35% to $44.4 Million Common Dividend Increased 50% to an Annualized $0.24 Per Share AUSTIN, Texas, May 3, 2023 /PRNewswire/ — Summit Hotel Properties, Inc. (NYSE: INN) (the…