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New CFO at Wynn, board chair at Summit; more people on the move

Wynn Resorts has named Julie Cameron-Doe as its new CFO, while Summit Hotel Properties has named a new non-executive chairman of the board. Wynn
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Summit Hotel Properties to acquire 27-hotel portfolio from NewcrestImage for $822M

Summit Hotel Properties Inc. has entered into a definitive contribution and purchase agreement to acquire a 27-hotel portfolio totaling 3,709 guestrooms, two parking structures
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Stanner Named Summit Hotel Properties President/CEO

AUSTIN, TX—Jonathan Stanner has been promoted to president/CEO of Summit Hotel Properties, as Dan Hansen transitions to the role of executive chairman of the
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HVMG Adds Four to Portfolio; More Management Deals…

NATIONAL REPORT—HVMG, Aimbridge Hospitality and Castle Resorts & Hotels have all made moves in management. Here’s more on the recent deals: HVMG Assumes Management
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Summit Hotel Properties Sees $19M Q1 Loss

AUSTIN, TX—Summit Hotel Properties Inc. reported a loss of $19 million for the first quarter of 2020. “Over the past two very challenging months,
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Summit to Acquire Four West Coast Hotels For $249M

AUSTIN, TX—Summit Hotel Properties Inc. has entered into a definitive agreement to acquire four hotels located on the West Coast for $249 million through
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Seven Hotel Transactions to Know

NATIONAL REPORT—Hotel Business is tracking transactions. SAK Developers, McNeill, Lightstone, Summit Hotel Properties, SG Blocks, MCR and HREC have been involved in hotel deals. Here are the details: SAK
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Who Is Buying, Selling, or Financing?

INTERNATIONAL REPORT—Hotel Business is tracking mergers and acquisitions as well as other transactions in the industry. Here’s a look at recent activity from PMR
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