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Summit Hotel Properties appoints CFO and promotes COO to drive growth

Oct 29, 2026, 4:41 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

A CFO with deep capital markets and real estate finance background can improve debt terms, equity underwriting, and IR; an experienced COO focused on asset management could accelerate revenue optimization and asset-level performance, supporting multiple expansion if execution matches plans.

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Summit Hotel Properties named Mike Nieves CFO and Adam Wudel COO, effective November 1, 2026. Nieves brings capital markets and real estate finance experience from PENN Entertainment, JLL, and Citi; Wudel has led asset management and revenue strategy for 18 years. The changes are aimed at strengthening financing, execution, and growth for Summit's upscale lodging portfolio.

Summit names Mike Nieves CFO; Adam Wudel promoted to COO.
Effective date: November 1, 2026.
Nieves brings capital markets experience from PENN Entertainment.
Wudel leads asset management and revenue strategy.
Portfolio: 92 assets, 50 wholly owned, 14,027 guestrooms in 24 states.

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