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Stock impact report

Are hotels a worthy investment for travel centers? Onvo thinks so. [Yahoo! Finance]

Summit Hotel Properties, Inc. (INN) 
Last summit hotel properties, inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: investor.shpreit.com
Company Research Source: Yahoo! Finance
Travel centers are important not just because of the enormous forecourt space for trucks to park and fill up on fuel, but also because of the vast array of amenities these businesses offer inside the convenience store Most travel center chains offer a combination of showers, laundry services, driver lounges, restaurants and even barber shops in addition to several other services. With professional truckers and ambitious road trippers often driving through the wee hours, it stands to reason that some travel centers would also offer a cozy place to sleep. That's the mindset for the leadership team at Onvo, which operates 40 travel stops and gas stations across Pennsylvania and New York. The Mountain Top, Pennsylvania-based company has six hotels in its network, and is currently building one that will operate adjacent to its brand-new travel center — and largest location to-date — in Pottsville, Pennsylvania. The hotel, a TownPlace Suites by Marriott, will be the first ground-up Show less Read more
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