Summit Hotel Properties, Inc. has announced the promotion of Adam Wudel to Executive Vice President and Chief Operating Officer (COO), effective November 1, 2026. The appointment recognises his 18 years of service to the company and extensive experience across corporate development, finance, asset management and hotel investment strategy.
Wudel’s promotion marks an important leadership development for the Austin-based hospitality real estate investment trust (REIT), bringing nearly two decades of institutional knowledge and financial expertise into an expanded operational leadership role.
An 18-Year Journey with Summit Hotel Properties
Adam Wudel has built a long-standing career at Summit Hotel Properties, holding several positions of increasing responsibility over the past 18 years.
Most recently, he served as Executive Vice President of Corporate Development, where he oversaw several important business functions, including asset management, revenue strategy, data analytics and transaction activities.
His experience in this position gave him a broad understanding of the company’s investment priorities, operational performance and strategic growth opportunities.
Having worked across multiple areas of the business, Wudel brings valuable institutional knowledge and a comprehensive perspective to his new responsibilities.
Extensive Experience in Finance and Corporate Development
Before becoming Executive Vice President of Corporate Development, Wudel served as Senior Vice President of Finance, Capital Markets and Treasurer.
In that role, he was responsible for the company’s capital markets activities, investor relations, financial planning and analysis (FP&A), and treasury functions.
These responsibilities provided him with significant experience in financial management, capital allocation and investor engagement, all of which play an important role in the performance of a publicly traded hospitality REIT.
His professional background across finance, corporate development and asset management has helped prepare him for the broader responsibilities associated with the COO position.
New Responsibilities as Executive Vice President and COO
In his new role as Executive Vice President and Chief Operating Officer, Wudel will take on an expanded leadership position, contributing to Summit Hotel Properties’ operational strategy and overall business performance.
His appointment brings together his experience in financial management, hotel investments, revenue strategy and corporate development, providing a strong foundation for his expanded responsibilities.
The promotion also reflects the company’s focus on developing experienced internal leadership and maintaining strategic continuity across its business operations.
Educational Background
Wudel holds a Bachelor of Science degree in Business Administration, specialising in Finance, from North Dakota State University.
His academic background, combined with 18 years of professional experience at Summit Hotel Properties, has supported his development across several key areas of hospitality investment and corporate management.
About Summit Hotel Properties, Inc.
Headquartered in Austin, Texas, Summit Hotel Properties, Inc. is a publicly traded real estate investment trust (REIT) primarily focused on acquiring and owning premium-branded, select-service hotels.
The company operates in the upscale and upper-midscale segments of the lodging industry, with a portfolio focused on properties affiliated with recognised hotel brands.
Its investment strategy centres on hotel ownership, asset management and generating value through its hospitality real estate portfolio.
A New Leadership Chapter for Summit Hotel Properties
Adam Wudel’s promotion to Executive Vice President and Chief Operating Officer represents an important step in Summit Hotel Properties’ leadership development.
With 18 years of experience within the organisation and a background spanning finance, asset management, revenue strategy and corporate development, he brings a broad understanding of the company’s business operations.
As he takes on his new responsibilities, Wudel will contribute to the company’s operational priorities and continued focus on long-term business performance.
