---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-099492"
form_type: "8-K"
ticker: "INN"
cik: "0001497645"
company_name: "Summit Hotel Properties, Inc."
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:17:47.607310+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Q2 net loss narrows to $22.4M ($0.21/sh); RevPAR +236%, hotel EBITDA positive

## Summary
- Net loss narrowed to $22.4M ($0.21/sh) from $54.1M loss in Q2 2020.
- RevPAR surged 235.7% to $77.88, ADR up 25.6% to $120.05, occupancy 64.9%.
- Pro forma hotel EBITDA turned positive to $25.3M (margin 29.2%) vs loss of $10.0M.
- Adjusted FFO per diluted share $0.08 vs ($0.25) in prior year.
- Acquired Residence Inn by Marriott Steamboat Springs in July 2021.

## SEC filing metadata
- accession: 0001104659-21-099492
- form_type: 8-K
- ticker: INN
- cik: 0001497645
- company_name: Summit Hotel Properties, Inc.
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497645/000110465921099492/0001104659-21-099492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000110465921099492/tm2117700d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-099492
- JSON: https://secwatch.observer/filing/0001104659-21-099492.json
- Plain text: https://secwatch.observer/filing/0001104659-21-099492.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.