Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 23 of 282 · 2025
Summit’s GIC joint venture sold the 107-guestroom Courtyard by Marriott Amarillo, Texas, in October 2025 for $20.0 million. Harbor uses the first of October rather than inventing a closing day. Harbor PPK is $20.0 million ÷ 107. Buyer unnamed. Summit’s $4.2 million gain line is Summit’s accounting, not a second price. Not the Kansas City Courtyard $19.0 million tape. Arlington South Courtyard + Residence Inn $19.0 million pair stays off this row.
$20.0M
Cited consideration · 107 keys · $187k / key
Summit 10-K: $20.0 million for the 107-guestroom Courtyard Amarillo. October 2025; day-of-month not named. Panhandle select-service — not a Dallas Uptown PPK.
Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (October 2025 close; day unnamed)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tapeMorning blotterSelect blotterFilings blotter
Source
Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (October 2025 close; day unnamed)
https://www.sec.gov/Archives/edgar/data/1497645/000149764526000015/inn-20251231.htmEstimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$186,916 / key · 107 keys
$141,373 / key · Harbor defaults
Amarillo, Texas · worksheet vs tape PPK
Summit 10-K: $20.0 million for the 107-guestroom Courtyard Amarillo. October 2025; day-of-month not named. Panhandle select-service — not a Dallas Uptown PPK.
Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (October 2025 close; day unnamed)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Amarillo, Texas · Upscale
107 keys · Amarillo · Courtyard by Marriott
Panhandle Courtyard. Summit’s GIC joint venture sold the 107-key house in October 2025 for $20.0 million (FY2025 10-K). Day-of-month unnamed — Harbor uses the first of October. Buyer unnamed. Not a Dallas Uptown tape. Not the Kansas City Courtyard $19.0 million tape.