{"schema_version":"secwatch.filing_event.v1","accession":"0001497645-26-000042","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.367688+00:00","generated_at":"2026-05-15T00:41:16.471640+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Summit Hotel Q1 net loss $10.4M vs $4.7M loss; RevPAR up 0.2%, guidance raised","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001497645-26-000042","json":"https://secwatch.observer/filing/0001497645-26-000042.json","markdown":"https://secwatch.observer/filing/0001497645-26-000042.md","text":"https://secwatch.observer/filing/0001497645-26-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000042/0001497645-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000042/inn-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:41:16.471640+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":[{"claim_id":"677502fc79a7fcdc4712e60fa4eb4e227136a2aa","claim":"Summit Hotel Properties, Inc. updated its three months ended March 31, 2026 guidance (raised).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000042/0001497645-26-000042-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}