Summit Hotel Properties Expands Leadership Team with New Executive Appointments

Summit Hotel Properties Expands Leadership Team

Summit Hotel Properties, Inc. (NYSE: INN) has officially announced significant enhancements to its executive leadership team. These changes are set to be effective from November 1, 2026, aiming to bolster the company's operational and financial capabilities in today's competitive lodging market.

New Leadership Appointments

The company's newly appointed Executive Vice President and Chief Financial Officer, Mike Nieves, brings with him a robust background in finance, especially within the real estate and hospitality sectors. Jonathan Stanner, the company's President and CEO, expressed excitement regarding Nieves's appointment, citing his extensive experience in capital markets and financial management as invaluable assets for Summit's future growth.

Nieves has previously served as Senior Vice President of Finance and Treasurer at PENN Entertainment, Inc., where he managed various functions related to investor relations, capital markets, and risk management. His prior experience includes significant roles in corporate advisory and investment banking, as well as a legal background from Willkie Farr & Gallagher. His varied disciplines provide Summit with strong leadership as it navigates the complexities of the lodging industry.

Alongside Nieves, Adam Wudel has been promoted to Executive Vice President and Chief Operating Officer. Recognized for his dedicated service over 18 years with the company, Wudel's promotion acknowledges his remarkable contributions in asset management and revenue strategy. Stanner highlighted Wudel's unparalleled understanding of the company's operations, making him well-equipped to steer the organization in its strategic pursuits.

Wudel’s previous roles at Summit include overseeing revenue strategy, data analytics, and significant corporate development initiatives. He has played a crucial part in enhancing efficiencies within Summit's portfolio and will continue to ensure that the company remains competitive in the upscale lodging market.

About Summit Hotel Properties

Summit Hotel Properties, Inc. is a leading publicly traded real estate investment trust (REIT) that emphasizes ownership of premium-branded lodging properties, mainly in the upscale sector of the hospitality industry. As of the end of October 2026, the company boasts an impressive portfolio comprising 92 assets, including a mix of wholly owned properties and those under joint ventures, spanning a total of 14,027 guest rooms across 24 states.

With these executive-level improvements, Summit Hotel Properties is poised to further its mission of delivering exceptional value for stakeholders while enhancing its footprint in the real estate investment market. The company continues to focus on strategic growth through innovative leadership and operational excellence.

For further updates, visit Summit Hotel Properties' website or follow them on social media at @SummitHotel_INN.

Conclusion

The strategic appointments of Mike Nieves and Adam Wudel reflect Summit Hotel Properties' commitment to enhancing its leadership as it prepares to face new challenges and opportunities in the hospitality sector.