Summit Hotel Q1 net loss $10.4M vs $4.7M loss; RevPAR up 0.2%, guidance raised

Summit Hotel Properties, Inc.

2026-Q1 EPS reported -$0.10 revenue$185,053,000

Net loss attributable to common stockholders of $10.4M ($0.10 diluted EPS) vs $4.7M loss in Q1 2025.
Total revenues $185.1M; pro forma RevPAR $126.57 (+0.2% YoY) on ADR growth of 1.5%.
Adjusted FFO $25.5M ($0.21/share) vs $27.4M ($0.22/share) in prior year quarter.
Agreement to sell Courtyard & Residence Inn Dallas (Arlington South) for $19M at 5.0% cap rate.
Repurchased 1.4M shares in Q1; no debt maturities until 2028; increased FY 2026 guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Summit Hotel Properties, Inc. updated its three months ended March 31, 2026 guidance (raised).

Period: three months ended March 31, 2026
Guidance: raised
Result: reported results

Exact text from the filing

On April 30, 2026, Summit Hotel Properties, Inc. (the “Company”) issued a press release announcing the consolidated operating results of the Company and its subsidiaries for three months ended March 31, 2026.

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

Summit Hotel Properties, Inc. filing history →

Source: SEC EDGAR

accession 0001497645-26-000042

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.