Summit Hotel Properties, Inc. (INN) Form 10-Q — Nov 3, 2026
Summit Hotel Properties (INN) reported Q3 2026 total revenues of $185.7 million, up 4.8% year-over-year, with net loss attributable narrowing to $5.2 million ($0.07 per share) from $11.8 million ($0.11) a year earlier. Operating momentum was strong at the hotel level: Q3 total-portfolio RevPAR rose 8.1% on 6.1% ADR growth and higher occupancy, lifting Hotel EBITDA to $60.4 million from $54.1 million. Management cited strong ADR performance across markets and improved demand in the retail and corporate negotiated segments.
Key figures
- Revenue
- 185706000
- Total Debt
- 1383891000
- Revenue Yoy
- 4.8%
- Total Assets
- 2719960000
- Cash Position
- 61287000
- Shares Outstanding
- 107853243
- Occupancy q3
- 75.1%
- Adr q3 growth
- 6.1%
- Hotel ebitda q3
- 60431000
- Q3 2025 revenue
- 177117000
- Atm program size
- 200000000
- Revpar q3 growth
- 8.1%
- Asset write down 9mo
- 3641000
- Hotel ebitda q3 2025
- 54119000
- Portfolio guestrooms
- 14027
- Portfolio properties
- 92
- Q3 dividend per share
- 0.08
- Share repurchases 9mo
- $6.2 million (1,481,959 shares)
- Share repurchase remaining
- 28400000
- Weighted avg interest rate
- 5.58%
- Same store revpar q3 growth
- 7.2%
AI analysis
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