---
schema_version: "secwatch.filing_event.v1"
accession: "0001497645-25-000103"
form_type: "8-K"
ticker: "INN"
cik: "0001497645"
company_name: "Summit Hotel Properties, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:36:14.049571+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Summit Hotel Properties Q3 net loss $11.3M; RevPAR down 3.7%; sells two hotels for $39M

## Summary
- Net loss attributable to common stockholders $11.3M ($0.11 diluted) vs loss $4.3M in Q3 2024.
- Same store RevPAR fell 3.7% to $115.77; ADR down 3.4% to $157.62; occupancy down 0.3% to 73.5%.
- Pro forma Hotel EBITDA $54.1M (30.6% margin) vs $62.2M (34.1%) in Q3 2024; Adjusted FFO $21.3M ($0.17) vs $27.6M ($0.22).
- Sold two hotels post-quarter for $39M at 4.3% blended cap rate; also refinanced $400M NCI term loan.
- Year-to-date net loss $17.6M ($0.17 diluted) vs net income $24.5M ($0.21) in prior year period.

## SEC filing metadata
- accession: 0001497645-25-000103
- form_type: 8-K
- ticker: INN
- cik: 0001497645
- company_name: Summit Hotel Properties, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1497645/000149764525000103/0001497645-25-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000149764525000103/inn-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001497645-25-000103
- JSON: https://secwatch.observer/filing/0001497645-25-000103.json
- Plain text: https://secwatch.observer/filing/0001497645-25-000103.txt

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