{"schema_version":"secwatch.filing_event.v1","accession":"0001497645-26-000017","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.225964+00:00","generated_at":"2026-05-16T00:14:51.471356+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Summit Hotel Q4 net loss $0.06/shr; RevPAR down 1.6% YoY","bullets":["Net loss attributable to common stockholders was $6.0M ($0.06/shr) vs net income $0.7M ($0.01/shr) in Q4 2024.","Same store RevPAR decreased 1.6% to $115.34; ADR down 1.0%, occupancy down 0.6%.","Adjusted EBITDAre decreased to $39.7M from $42.1M; Adjusted FFO per diluted share $0.18 vs $0.20.","Sold two non-core hotels in Q4 and one in Q1'26, gross proceeds over $51M; no debt maturities until 2028.","Management optimistic for 2026 due to World Cup matches in six markets and easing government travel comparisons."],"urls":{"canonical":"https://secwatch.observer/filing/0001497645-26-000017","json":"https://secwatch.observer/filing/0001497645-26-000017.json","markdown":"https://secwatch.observer/filing/0001497645-26-000017.md","text":"https://secwatch.observer/filing/0001497645-26-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000017/0001497645-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000017/inn-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:14:51.471356+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"}