Summit Hotel Q2 net loss $1.6M; RevPAR down 3.8%; AFFO $0.27/share

Summit Hotel Properties, Inc.

2025-Q2 EPS reported -$0.06 revenue$377,395,000

Net loss attributable to common stockholders of $1.6M ($0.02/diluted share) vs. net income of $30.8M in Q2 2024.
Pro forma RevPAR fell 3.8% to $128.79; same-store RevPAR declined 3.6% to $128.07.
AFFO of $32.7M ($0.27/diluted share) compared to $36.4M ($0.29) in prior-year quarter.
Repurchased 3.6M common shares for $15.4M at avg $4.30, an 15% discount to market price.
Completed two debt financings extending maturities; no maturities until 2028 and over $310M liquidity.

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