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Summit Hotel Properties, Inc., commonly referred to as Summit, is a distinguished US-based Real Estate Investment Trust (REIT) operating within the dynamic hotel and restaurant services industry. Founded as a private company in 2004 and becoming publicly traded in 2011, Summit focuses on owning and investing in a high-quality portfolio of premium-branded, select-service and upper upscale hotels.
With a strategic presence across high-growth markets throughout the United States, Summit Hotel Properties excels in asset management and value creation. Its core offering involves acquiring and optimising properties affiliated with renowned global brands like Marriott, Hilton, and Hyatt, distinguishing its portfolio through strategic location and brand strength. This focused approach solidifies Summit's position as a prominent entity in the lodging real estate sector.
21
DitchCarbon score
-5 vs industry average
Summit Hotel Properties’s score of 21 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Medium
Hospitality has typical carbon intensity
Industry performance
0.257
20182025
The Hospitality industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Summit Hotel Properties's reported carbon emissions
Summit Hotel Properties reported its 2024 Scope 1 emissions as 17,266,000 kg CO2e and Scope 2 (market-based) emissions as 43,235,000 kg CO2e, totalling approximately 60,501,000 kg CO2e for Scope 1 and 2. This represents a decrease from 2023, where Scope 1 emissions were 17,927,000 kg CO2e and Scope 2 (market-based) emissions were 44,857,000 kg CO2e, for a combined total of about 62,783,000 kg CO2e. The company has not disclosed Scope 3 emissions data.
Summit Hotel Properties also reports emissions intensity metrics, including approximately 5.8 kg CO2e per square foot and 16.0 kg CO2e per occupied room in 2024. For 2022, these figures were about 5.9 kg CO2e per square foot and 17.0 kg CO2e per occupied room. The company has not publicly stated any specific carbon reduction targets, nor has it set Science Based Targets (SBTi).
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Summit Hotel Properties’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Summit Hotel Properties yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Summit Hotel Properties19 days ago
21
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