Summit Hotel Properties Names CFO and COO

Summit Hotel Properties appointed Mike Nieves executive vice president and chief financial officer and promoted Adam Wudel to executive vice president and chief operating officer, effective Nov. 1, 2026.

Nieves joins Summit Hotel Properties from PENN Entertainment Inc., where he was senior vice president of finance and treasurer. He oversaw investor relations, capital markets, financial planning and analysis, treasury and risk management functions.

Before joining PENN Entertainment, Nieves was a director in JLL’s M&A and Corporate Advisory group, advising on and executing dispositions, strategic transactions and capital-raising initiatives in the real estate sector. Earlier, he was a vice president in Citigroup’s Real Estate and Lodging Investment Banking Group and practiced corporate law at Willkie Farr & Gallagher.

Nieves holds a bachelor’s degree from the University of Michigan, a law degree from American University’s Washington College of Law and a master of business administration degree from the Darden School of Business at the University of Virginia.

Wudel most recently served as executive vice president of corporate development at Summit Hotel Properties, with responsibilities including asset management, revenue strategy, data analytics and transaction activity.

Previously, he was senior vice president of finance, capital markets and treasurer, leading capital markets, investor relations, financial planning and analysis, and treasury functions. Wudel has held roles of increasing responsibility during his 18-year tenure with Summit Hotel Properties.

Wudel holds a Bachelor of Science degree in business administration-finance from North Dakota State University.

As of Oct. 29, 2026, Summit Hotel Properties’ portfolio consisted of 92 assets, including 50 wholly owned assets, with 14,027 guestrooms in 24 states.