---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-133679"
form_type: "8-K"
ticker: "INN"
cik: "0001497645"
company_name: "Summit Hotel Properties, Inc."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:53:14.791312+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Q3 net loss narrows to $11M; RevPAR doubles to $97.89

## Summary
- Net loss of $11.0M ($0.10 per diluted share) vs $38.3M loss in Q3 2020.
- Pro forma RevPAR $97.89 (+109% YoY); ADR $142.54 (+37%); occupancy 68.7%.
- Adjusted EBITDAre $34.0M vs $2.5M; Adjusted FFO $0.19 per share vs ($0.10).
- Announced acquisition of 27-hotel portfolio after quarter end.

## SEC filing metadata
- accession: 0001104659-21-133679
- form_type: 8-K
- ticker: INN
- cik: 0001497645
- company_name: Summit Hotel Properties, Inc.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497645/000110465921133679/0001104659-21-133679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000110465921133679/tm2131790d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-133679
- JSON: https://secwatch.observer/filing/0001104659-21-133679.json
- Plain text: https://secwatch.observer/filing/0001104659-21-133679.txt

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