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): October 9, 2012
SUMMIT HOTEL PROPERTIES, INC. |
||
Maryland |
001-35074 |
27-2962512 |
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
SUMMIT HOTEL OP, LP |
||
Delaware |
000-54273 |
27-0617340 |
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2701 South Minnesota Avenue, Suite 2
Sioux
Falls, South Dakota 57105
(Address of Principal Executive
Offices) (Zip Code)
(605)
361-9566
(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 7.01. Regulation FD Disclosure.
On October 9, 2012, the Company issued a press release announcing the closing of its acquisition of eight hotels containing an aggregate of 1,043 guestrooms (the “Hyatt Portfolio”) from certain affiliates of Hyatt Hotels Corporation for a purchase price of $87.4 million. The press release also reiterates previously disclosed information regarding the closing of the Company’s follow-on common stock offering and the underwriters’ full exercise of their option to purchase additional shares.
A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
99.1 | Press release issued October 9, 2012. |
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 hereunto duly authorized.
SUMMIT HOTEL PROPERTIES, INC. |
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(Registrant) |
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|
|
By: |
/s/ Christopher R. Eng |
|
Christopher R. Eng |
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Date: |
October 9, 2012 |
Vice President, General Counsel and Secretary |
SUMMIT HOTEL OP, LP |
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(Registrant) |
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By: |
SUMMIT HOTEL GP, LLC, |
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its General Partner |
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By: |
SUMMIT HOTEL PROPERTIES, INC., |
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its Sole Member |
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|
|
By: |
/s/ Christopher R. Eng |
|
Christopher R. Eng |
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Date: |
October 9, 2012 |
Vice President, General Counsel and Secretary |
EXHIBIT INDEX
Exhibit No. | Description | |
99.1 | Press release issued October 9, 2012. |