---
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"
generated_at: "2026-06-27T05:26:36.695695+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Properties Q4 net loss $15.3M, RevPAR recapture high; FY 2021 RevPAR $81.13, up 55%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- 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/1497645/000110465922026129/0001104659-22-026129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000110465922026129/tm227462d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-026129
- JSON: https://secwatch.observer/filing/0001104659-22-026129.json
- Plain text: https://secwatch.observer/filing/0001104659-22-026129.txt

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