Summit Hotel Properties (NYSE:INN) reported second-quarter results that exceeded its expectations, citing broad-based demand growth, stronger pricing and continued expense controls. Retail RevPAR increased 10%, corporate-negotiated RevPAR rose 7.5%, and group RevPAR grew nearly 15%. Across Summit’s six FIFA host markets, June RevPAR increased nearly 19% year over year. Summit estimated that World Cup demand added approximately 100 basis points to its second-quarter RevPAR growth. About Summit Hotel Properties (NYSE:INN)Summit Hotel Properties is a real estate investment trust (REIT) that acquires, owns and operates branded select-service hotels and extended-stay properties across the United States.