AUSTIN, Texas – April 29, 2021 – Summit Hotel Properties, Inc. today announced that William “Trey” H. Conkling will join the Company as Executive Vice President & Chief Financial Officer effective May 17, 2021.

“We are extremely pleased to have Trey join our management team.  I’ve had the privilege of working with Trey for over a decade and value his extensive capital markets and transaction advisory experience,” said Jonathan Stanner, President and Chief Executive Officer.  “Over the course of his career, Trey has established himself as a very effective strategic thought leader that brings a breadth of experience in lodging and related industries along with a deep set of relationships that will be immediately valuable to the Company,” added Mr. Stanner.

Most recently, Mr. Conkling served as a Managing Director in the Real Estate, Gaming & Lodging Investment Banking group for Bank of America Merrill Lynch, where he oversaw the successful execution of transaction volume in excess of $190 billion including capital markets and mergers and acquisitions. Prior to joining Bank of America Merrill Lynch, Mr. Conkling was with the investment banking unit of Bear, Stearns & Co. and previously worked in asset management for Host Hotels & Resorts.

Mr. Conkling earned a Bachelor of Science in Hotel and Restaurant Administration from Cornell University, School of Hotel Administration and a Masters of Business Administration from Cornell University, Johnson Graduate School of Management.