---
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"
generated_at: "2026-05-26T05:45:52.350836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Properties Q4 net income $0.7M; full-year AFFO per share up 5.6% to $0.96

## Summary
- 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%.

## SEC filing metadata
- 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
- 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/1497645/000149764525000014/0001497645-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000149764525000014/inn-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001497645-25-000014
- JSON: https://secwatch.observer/filing/0001497645-25-000014.json
- Plain text: https://secwatch.observer/filing/0001497645-25-000014.txt

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