{"schema_version":"secwatch.filing_event.v1","accession":"0001497645-25-000014","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.784569+00:00","generated_at":"2026-05-26T05:45:52.350836+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Summit Hotel Properties Q4 net income $0.7M; full-year AFFO per share up 5.6% to $0.96","bullets":["Q4 net income $0.7M vs loss $16.6M prior year; full-year net income $25.1M vs loss $28.0M.","Full-year Adjusted FFO up 5.6% to $0.96/diluted share from $0.92; Adjusted EBITDAre $192.2M.","Pro forma RevPAR +1.4% in Q4 to $117.21; full-year +1.8% to $124.13; occupancy rose 1.2%.","Completed over $200M of accretive transactions in 2024, including $96M acquisition at 8.8% cap rate.","Pro forma hotel EBITDA margin contracted 140 bps in Q4 to 34.1% but full-year essentially flat at 35.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001497645-25-000014","json":"https://secwatch.observer/filing/0001497645-25-000014.json","markdown":"https://secwatch.observer/filing/0001497645-25-000014.md","text":"https://secwatch.observer/filing/0001497645-25-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000149764525000014/0001497645-25-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000149764525000014/inn-20250224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T05:45:52.350836+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"}