Summit: Summit Hotel secures USD 275m loan facility

Summit Hotel Properties, Inc. has secured a USD 275 million unsecured delayed draw term loan facility aimed at supporting refinancing initiatives and corporate needs. This move reflects the company's continued focus on strengthening its capital structure while laying the foundation for long-term growth in the dynamic hospitality sector. The new loan arrangement, supported by [...] The post Summit Hotel secures USD 275m loan facility appeared first on TravelBiz Monitor: India travel news, travel trends, tourism.