Summit Hotel Properties Appoints Paul Ruiz as VP and Chief Accounting Officer
Succeeding Troy Hester Upon his April 2014 Retirement
AUSTIN, Texas - May 7, 2014 - Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that Mr. Paul Ruiz has been appointed Vice President and Chief Accounting Officer. Mr. Ruiz will succeed Mr. Troy Hester in the role from which he retired in April 2014.
Mr. Ruiz brings over 25 years of executive, financial, accounting and operational experience to the Company. Mr. Ruiz has expertise in finance, accounting, business strategy, organizational operations, capital markets, mergers and acquisitions, divestitures, restructuring activities, and business transformations.
Prior to joining the Company, Ruiz served in senior executive roles for companies in a variety of industries, including real estate and technology. Recently, Mr. Ruiz was the Director of Global Corporate Accounting at Freescale Semiconductor, Inc., (NYSE: FSL), a global leader in semiconductors. He began his career with PricewaterhouseCoopers, where he was an audit manager providing audit and business advisory services to entrepreneurial, rapidly growing and Fortune 500 companies.
Mr. Ruiz graduated with highest honors from the University of Texas at Austin with a Bachelor of Business Administration in Accounting and earned his Masters in Business Administration from Baylor University. He is a Certified Public Accountant.
About Summit Hotel Properties
Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused primarily on acquiring and owning premium-branded, select-service hotels in the upscale and upper midscale segments of the lodging industry. As of May 5, 2014, the Company's portfolio consisted of 90 hotels with a total of 11,353 guestrooms located in 22 states.
For additional information, please visit the Company's website, www.shpreit.com and follow on Twitter at @SummitHotel_INN.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
