{"schema_version":"secwatch.filing_event.v1","accession":"0001497645-26-000066","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2026-08-05T20:37:06+00:00","discovered_at":"2026-08-05T20:38:01.290910+00:00","generated_at":"2026-08-05T20:38:29.774551+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Summit Hotel Properties Q2 net income $3.9M; RevPAR up 5.0%; raises FY guidance","bullets":["Net income attributable to common stockholders of $3.9M ($0.04/diluted share) vs net loss of $1.6M in Q2 2025.","Pro forma RevPAR increased 5.0% to $136.06, driven by ADR up 7.1% to $178.42; occupancy down 1.9% to 76.3%.","Pro forma hotel EBITDA up 7.8% to $72.5M; margin expanded 88 bps to 36.4%.","Adjusted FFO per diluted share rose to $0.29 from $0.27; full-year 2026 guidance ranges increased.","Refinanced $650M credit facility with extended maturity and lower costs; no debt maturities until 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001497645-26-000066","json":"https://secwatch.observer/filing/0001497645-26-000066.json","markdown":"https://secwatch.observer/filing/0001497645-26-000066.md","text":"https://secwatch.observer/filing/0001497645-26-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000066/0001497645-26-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000066/inn-20260805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-05T20:38:29.774551+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"}