{"schema_version":"secwatch.filing_event.v1","accession":"0001497645-24-000065","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.247834+00:00","generated_at":"2026-05-31T15:41:43.635271+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Summit Hotel Properties Q2 net income $30.8M; Adjusted EBITDAre record $55.9M, up 6% YoY","bullets":["Net income attributable to common stockholders $30.8M ($0.23/diluted share) vs net loss $0.8M in Q2 2023.","Adjusted EBITDAre $55.9M, all-time quarterly record, up 5.7% YoY; Adjusted FFO $0.29/share, up 10%.","Pro forma RevPAR grew 3.4% to $132.41; pro forma hotel EBITDA margin expanded 120 bps to 38.0%.","Sold three hotels for $84M during Q2 as part of deleveraging and portfolio improvement."],"urls":{"canonical":"https://secwatch.observer/filing/0001497645-24-000065","json":"https://secwatch.observer/filing/0001497645-24-000065.json","markdown":"https://secwatch.observer/filing/0001497645-24-000065.md","text":"https://secwatch.observer/filing/0001497645-24-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000149764524000065/0001497645-24-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000149764524000065/inn-20240729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:41:43.635271+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"}