---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-085236"
form_type: "8-K"
ticker: "INN"
cik: "0001497645"
company_name: "Summit Hotel Properties, Inc."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:52:16.110340+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Properties Q2: net income $7.9M (EPS $0.07); RevPAR up 63% YoY; dividend reinstated

## Summary
- Net income attributable to common stockholders was $7.9M ($0.07 diluted EPS) vs ($22.4M) ($0.21) in Q2 2021.
- Same Store RevPAR up 62.7% to $127.44; ADR exceeded 2019 levels by 2% in Q2, 5% in June.
- Pro forma Hotel EBITDA $70.7M (37.8% margin) vs $36.5M (31.4%); Adjusted FFO $0.27/share vs $0.08.
- Company reinstated quarterly common dividend; total liquidity ~$500M, debt maturity profile favorable.
- Completed nearly $1B in YTD transactions, including Miami Brickell acquisition and SF Hilton Garden Inn sale.

## SEC filing metadata
- accession: 0001104659-22-085236
- form_type: 8-K
- ticker: INN
- cik: 0001497645
- company_name: Summit Hotel Properties, Inc.
- filed_at: 2022-08-02T23:59:59+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/1497645/000110465922085236/0001104659-22-085236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000110465922085236/tm2222345d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-085236
- JSON: https://secwatch.observer/filing/0001104659-22-085236.json
- Plain text: https://secwatch.observer/filing/0001104659-22-085236.txt

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