Summit Hotel Properties Chairman & CEO Daniel P. Hansen Receives EY Entrepreneur Of The Year® 2018 Award

AUSTIN, Texas, June 13, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) ("Summit"), announced today that its Chairman, President and Chief Executive Officer Daniel P. Hansen was the recipient of the EY Entrepreneur Of The Year® 2018 Award in the Transformational CEO category for the Central Texas region.  The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.  Mr. Hansen was selected by an independent panel of judges, and the award was presented at a special gala event on June 8, 2018 at JW Marriott Austin.

"It is a great honor to be recognized as a top entrepreneur by one of the most prestigious business award programs in the country," said Summit's Chairman, President & CEO Daniel P. Hansen.  "Our creativity and perseverance have allowed us to experience tremendous growth into the multi-billion dollar publicly-traded platform we have today.  These efforts have made our diversified portfolio of high quality hotels uniquely positioned to cater to the ever-evolving preferences of hotel guests and create long-term shareholder value.  I am incredibly proud of the world class team we have assembled at Summit to collaborate on developing and executing a winning strategy.  Their passion, integrity and commitment to excellence make this organization extraordinary," commented Mr. Hansen.

Since 1986, EY has honored entrepreneurs whose ingenuity, spirit of innovation and discipline have driven their companies' success, transformed their industries and had a positive effect on their communities.  Now in its 32^nd year, the program has honored the inspirational leadership of such entrepreneurs as:

• Howard Shultz of Starbucks Corporation
• Pierre Omidyar of eBay, Inc.
• Jodi Berg of Vitamix
• Robert Unanue of Goya Foods
• Reid Hoffman and Jeff Weiner of LinkedIn
• Andreas Bechtolsheim and Jayshree Ullal of Arista Networks
• Hamdi Ulukaya of Chobani
• James Park of Fitbit
• J.W. "Bill" Marriott, Jr. of Marriott International, Inc.
• Lonnie Moulder and Mary Lynne Hedley, PhD, of TESARO, Inc.

As a Central Texas award winner, Mr. Hansen is now eligible for consideration for the Entrepreneur Of The Year 2018 National Awards.  Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 10, 2018.  The awards are the culminating event of the Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies.

About Summit Hotel Properties

Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the upscale segment of the lodging industry.  As of May 31, 2018, the Company's portfolio consisted of 83 hotels with a total of 12,250 guestrooms located in 26 states.

For additional information, please visit the Company's website at www.shpreit.com and follow the Company on Twitter at @SummitHotel_INN.

About Entrepreneur Of The Year®

Entrepreneur Of The Year®, founded by EY, is the world's most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community.  The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement.  As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. ey.com/eoy

About EY

EY is a global leader in assurance, tax, transaction and advisory services.  The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over.  We develop outstanding leaders who team to deliver on our promises to all of our stakeholders.  In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity.  Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.  For more information, please visit ey.com.

Sponsors

Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, the Kauffman Foundation and Merrill Corporation.

In Central Texas, sponsors also include Broadway Bank, Colliers International, ADP, Aventine Hill Partners, Bridgepoint Consulting, Watkins Insurance Group, Shearman & Sterling, the Austin Business Journal and San Antonio Business Journal.

SOURCE Summit Hotel Properties, Inc.