{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-026129","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2022-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.734250+00:00","generated_at":"2026-06-27T05:26:36.695695+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Summit Hotel Properties Q4 net loss $15.3M, RevPAR recapture high; FY 2021 RevPAR $81.13, up 55%","bullets":["Q4 net loss $15.3M ($0.15/diluted share), improving from $46.8M loss ($0.45) in Q4 2020.","Q4 pro forma RevPAR $94.22, +118% YoY; ADR $144.99 (+44%); occupancy 65.0% (+51.5%).","FY 2021 net loss $83.7M ($0.80/share) vs $158.2M ($1.52) in 2020; Adjusted FFO $0.35/share vs -$0.37.","FY 2021 pro forma hotel EBITDA $109.4M, margin 29.6% (vs 12.1% in 2020); Adjusted EBITDAre $90.5M.","Announced nearly $900M of high-growth, strategic acquisitions since pandemic onset."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-026129","json":"https://secwatch.observer/filing/0001104659-22-026129.json","markdown":"https://secwatch.observer/filing/0001104659-22-026129.md","text":"https://secwatch.observer/filing/0001104659-22-026129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922026129/0001104659-22-026129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922026129/tm227462d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T05:26:36.695695+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}