Summit Hotel Properties, Inc. 424B5Registration Statements (S-1 / prospectus)

Risk Factors

RISK FACTORS ​ ​ ​ ​ S-2 ​ ​ USE OF PROCEEDS ​ ​ ​ ​ S-6 ​ ​ PLAN OF DISTRIBUTION ​ ​ ​ ​ S-7 ​ ​ LEGAL MATTERS ​ ​ ​ ​ S-12 ​ ​ EXPERTS ​ ​ ​ ​ S-12 ​ ​ WHERE YOU CAN FIND MORE INFORMATION ​ ​ ​ ​ S-12 ​ ​ INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE ​ ​ ​ ​ S-12 ​ ​ PROSPECTUS ​ ABOUT THIS PROSPECTUS ​ ​ ​ ​ 1 ​ ​ ​ INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE ​ ​ ​ ​ 2 ​ ​ ​ WHERE YOU CAN FIND MORE INFORMATION ​ ​ ​ ​ 3 ​ ​ ​ CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS ​ ​ ​ ​ 4 ​ ​ ​ CERTAIN TRADEMARKS ​ ​ ​ ​ 7 ​ ​ ​ SUMMIT HOTEL PROPERTIES, INC. ​ ​ ​ ​ 8 ​ ​ ​ RISK FACTORS ​ ​ ​ ​ 9 ​ ​ ​ USE OF PROCEEDS ​ ​ ​ ​ 10 ​ ​ ​ SELLING STOCKHOLDER ​ ​ ​ ​ 11 ​ ​ ​ DESCRIPTION OF COMMON AND PREFERRED STOCK ​ ​ ​ ​ 12 ​ ​ ​ DESCRIPTION OF DEBT SECURITIES ​ ​ ​ ​ 18 ​ ​ ​ DESCRIPTION OF WARRANTS ​ ​ ​ ​ 27 ​ ​ ​ DESCRIPTION OF UNITS ​ ​ ​ ​ 29 ​ ​ ​ LEGAL OWNERSHIP OF SECURITIES ​ ​ ​ ​ 30 ​ ​ ​ CERTAIN PROVISIONS OF MARYLAND LAW AND OF OUR CHARTER AND BYLAWS ​ ​ ​ ​ 33 ​ ​ ​ U.S. FEDERAL INCOME TAX CONSIDERATIONS ​ ​ ​ ​ 39 ​ ​ ​ PLAN OF DISTRIBUTION ​ ​ ​ ​ 63 ​ ​ ​ LEGAL MATTERS ​ ​ ​ ​ 66 ​ ​ ​ EXPERTS ​ ​ ​ ​ 66 ​ ​ You should rely only on the information contained in or incorporated by reference into this prospectus supplement, the accompanying prospectus and any applicable free writing prospectus. We have not, and the sales agents and the forward purchasers have not, authorized any other person to provide you with different or additional information. If anyone provides you with different or additional information, you should not rely on it. This prospectus supplement and the accompanying prospectus do not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in any jurisdiction where it is unlawful to make such offer or solicitation. You should assume that the information appearing in this prospectus supplement, the accompanying prospectus, any applicable free writing prospectus and the documents incorporated by reference herein or therein is accurate only as of their respective dates or on the date or dates which are specified in these documents. Our business, financial condition, liquidity, results of operations and prospects may have changed since those dates. S-i TABLE OF CONTENTS ​ ABOUT THIS PROSPECTUS SUPPLEMENT This document is in two parts. The first part is this prospectus supplement, which descri