State Street Discloses 4.4% Stake in Summit Hotel Properties

The asset management giant reported shared voting power over more than 4.5 million shares of the Texas-based REIT.

August 12, 2025

Position snapshot

State Street Corporation reported a 4.4% position in Summit Hotel Properties Inc., establishing a meaningful presence in the hospitality REIT’s shareholder base. The position totals 4,922,579 common shares, measured as of June 30, 2025.

Voting and dispositive authority

The filing shows State Street with shared authority and no sole control over the reported shares. The key figures are:

• Shared voting power: 4,533,490 shares
• Shared dispositive power: 4,922,579 shares
• Sole voting power: 0
• Sole dispositive power: 0

How the stake is managed

Holdings are administered across several State Street subsidiaries, including State Street Global Advisors entities in multiple regions. Positions are managed on behalf of clients under investment management arrangements, consistent with ordinary-course asset management activity and without an intent to direct or change control at the issuer.

Issuer and market context

Summit Hotel Properties focuses on owning premium-branded hotels across U.S. markets, with emphasis on urban and select-service segments. Exposure of this type gives large institutions a way to track trends in lodging demand and regional travel activity while aligning portfolios with the operational profile of select-service properties.

Dates and disclosure context

The disclosure is dated August 8, 2025 and reflects positions as of the quarter end noted above. The update adds clarity to Summit’s institutional ownership mix and highlights continued participation by large asset managers in the hotel and lodging space.