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Sun Belt

2 stories · First covered Apr 12, 2026 · Latest 1h ago
Sun Belt Coverage
Summit's CFO Walks. The CEO Who Used to Be CFO Steps Back In. That's Not a Plan.

Summit's CFO Walks. The CEO Who Used to Be CFO Steps Back In. That's Not a Plan.

Summit Hotel Properties loses its finance chief while carrying a net loss that doubled year-over-year and a debt-to-equity ratio of 1.69. The CEO stepping in as interim CFO has done the job before, but the question is whether one person can run both sides of a $684M REIT while the capital recycling strategy needs a dedicated finance hand at the wheel.

$100M Resort Lagoon Bet Is Really a Story About What Your Owners Want Next

$100M Resort Lagoon Bet Is Really a Story About What Your Owners Want Next

Woodbine just dropped nine figures on a Crystal Lagoons installation and luxury villas at a Hill Country Hyatt. The press release is about amenities. The real story is about what happens when resort owners decide "renovated rooms" isn't enough anymore.