UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported):
September 9, 2014
SUMMIT HOTEL PROPERTIES, INC. |
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Maryland |
001-35074 |
27-2962512 |
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
12600 Hill Country Boulevard, Suite R-100
Austin, Texas 78738
(Address
of Principal Executive Offices) (Zip Code)
(512) 538-2300
(Registrants’
telephone number, including area code)
Not
applicable
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 2.01. |
Completion of Acquisition or Disposition of Assets. |
On September 9, 2014, the Company, through an operating partnership subsidiary, purchased a leasehold interest in the Hampton Inn & Suites, Austin (downtown), Texas containing 209 rooms for $53.0 million. The Company has entered into a management agreement with an affiliate of Interstate Hotels and Resorts to operate the hotel.
Item 9.01. |
Financial Statements and Exhibits. |
(a) Financial statements of businesses acquired.
To the extent required by this item, historical financial statements for
the hotel referenced in Item 2.01 above will be filed in an amendment to
this current report on Form 8-K no later than 71 calendar days after the
date of this report.
(b) Pro forma financial information.
To the extent required by this item, pro forma financial information relating to the acquisition of the hotel referenced in Item 2.01 above will be filed in an amendment to this current report on Form 8-K no later than 71 calendar days after the date of this report.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
SUMMIT HOTEL PROPERTIES, INC. |
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By: |
/s/ Christopher R. Eng |
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Name: Christopher R. Eng |
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Title: Senior Vice President, General Counsel, Chief |
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Date: |
September 15, 2014 |
Risk Officer and Secretary |