SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING

AUSTIN, Texas, March 31, 2025 /PRNewswire/ — Summit Hotel Properties, Inc. (NYSE: INN) (the “Company”) today announced that it has successfully closed on a new $275 million senior unsecured term loan (the “Term Loan”). The Company expects to utilize future proceeds from the Term Loan to…