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Harborby Signalry

Public tape · 59 of 282 · 2024

Apr 1, 2024Historical cited · 2024

Hilton Garden Inn College Station — Summit disposition

Summit sold the 119-guestroom Hilton Garden Inn College Station in April 2024 for $11.0 million. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $11.0 million ÷ 119. Buyer unnamed. Not a Dallas Uptown tape. The New Orleans Convention Center $73 million pair stays off this row — Summit named only a combined selling price. Older than the 2025–26 blotter cut.

$11.0M

Cited consideration · 119 keys · $92k / key

Summit Exhibit 99.1 sold table: $11.0 million for the 119-guestroom Hilton Garden Inn College Station. April 2024; day-of-month not named. Aggieland select-service — not a Dallas Uptown PPK.

Public filingHistorical cited · 2024Issuer filing119 keys

Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (April 2024 close; day unnamed)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus2024 cited filings

Keys at tape
119
Segment
Upscale
Buyer
—
Seller
Summit Hotel Properties

Source

Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (April 2024 close; day unnamed)

https://www.sec.gov/Archives/edgar/data/1497645/000149764525000014/exhibit99112-31x2024.htm

Estimate ↔ tape

The worksheet next to the filing

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.

Tape
$11.0M

$92,437 / key · 119 keys

Worksheet
$17.4M

$145,933 / key · Harbor defaults

Gap
+58%

College Station, Texas · worksheet vs tape PPK

Summit Exhibit 99.1 sold table: $11.0 million for the 119-guestroom Hilton Garden Inn College Station. April 2024; day-of-month not named. Aggieland select-service — not a Dallas Uptown PPK.

Public filingHistorical cited · 2024Issuer filing119 keys

Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (April 2024 close; day unnamed)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

College Station, Texas · Upscale

Hilton Garden Inn College Station

119 keys · College Station · Hilton Garden Inn

Aggieland Garden Inn. Summit sold the 119-key house in April 2024 for $11.0 million (FY2024 Exhibit 99.1 sold table). Day unnamed — Harbor uses the first of April. Buyer unnamed. Not a Dallas Uptown tape. The New Orleans Convention Center $73 million pair stays off this row.