Source-grounded facts extracted from Summit Hotel Properties, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Summit Hotel Properties, Inc. updated its three months ended March 31, 2026 guidance (raised).
“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.”
Debt Financings
Summit Hotel Properties, Inc. incurred credit facility of $400 million with Bank of America, N.A., as administrative agent, Wells Fargo Bank, National Association, as syndication agent, BofA Securities, Inc. and Wells Fargo Securities, LLC, as joint bookrunners, and BofA Securities, Inc., Wells Fargo Securities, LLC, Capital One, National Association, Fifth Third Bank, Nati at Daily SOFR or Term SOFR (1-month or 3-month) (subject to a 0% floor), plus a mar maturing July 24, 2028.
“On July 24, 2025, Summit JV MR 2, LLC, Summit JV MR 3, LLC and Summit NCI NOLA BR 184, LLC (the “Borrowers”, “we” or “us”), as borrowers, Summit Hospitality JV, LP (the “Parent”), as parent, and each subsidiary of the Borrowers executing the credit facility documentation as a guarantor, entered into a $400 million credit facility (the “Credit Facility”)”
Earnings Releases
Summit Hotel Properties, Inc. reported financial results for three months ended March 31, 2024.
“On May 1, 2024, Summit Hotel Properties, Inc. (the “Company”) issued a press release announcing the operating results of the Company and its subsidiaries for the three months ended March 31, 2024.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.