Summit Hotel Properties, Inc.
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See all $INN insider activity →Summit Hotel Properties (INN) reported Q2 2026 profit of $3.9M, up from a $1.6M loss last year. Revenue per available room rose 5.0% to $136.06, driven by a 7.1% increase in average daily rates. Operating income increased 27.3% to $28.9M. The company also improved its balance sheet and raised full-year guidance for Adjusted EBITDAre and Adjusted FFO.
Summit Hotel Properties (INN) reported Q2 2026 results, citing 7.1% pro forma RevPAR growth driven by a 7.1% rise in ADR, and 7.8% pro forma Hotel EBITDA growth with 90 bps margin expansion. Adjusted EBITDAre rose 7.7% to $54.8M, and adjusted FFO per share rose 6.7% to $0.29. The company raised full-year RevPAR guidance to 1.75% to 3.25% and adjusted EBITDAre to $175M-$182M.
Summit Hotel Properties (NYSE:INN) reported Q2 results and discussed demand trends tied to government travel and the 2025 World Cup. Pro forma Q2 total revenue rose 5.2%. June RevPAR increased nearly 19% in FIFA host markets. Summit raised full-year guidance to pro forma RevPAR growth of 1.75% to 3.25% and adjusted EBITDAre of $175M to $182M.
Recent INN coverage spans earnings, corporate actions and financial news.
Profit swing and guidance lift suggest near‑term upside potential.
Guidance raises and refinancing plus asset sales point to improving fundamentals, supporting a near-term positive bias while tax headwinds remain a risk.
Raised guidance plus refinancing and asset sales suggest improving fundamentals and lower near-term capital needs, supporting a bullish bias for INN.
The quarter shows improving operating metrics and balance-sheet de-risking via refinancing and asset sales, which should support credit and equity sentiment.
Dividend declaration provides a near-term cash-flow signal but is not a fundamental earnings or balance-sheet change.
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Summit Hotel Properties (INN) reported Q2 2026 profit of $3.9M, up from a $1.6M loss last year. Revenue per available room rose 5.0% to $136.06, driven by a 7.1% increase in average daily rates. Operating income increased 27.3% to $28.9M. The company also improved its balance sheet and raised full-year guidance for Adjusted EBITDAre and Adjusted FFO.
2 min readSummit Hotel Properties (INN) reported Q2 2026 results, citing 7.1% pro forma RevPAR growth driven by a 7.1% rise in ADR, and 7.8% pro forma Hotel EBITDA growth with 90 bps margin expansion. Adjusted EBITDAre rose 7.7% to $54.8M, and adjusted FFO per share rose 6.7% to $0.29. The company raised full-year RevPAR guidance to 1.75% to 3.25% and adjusted EBITDAre to $175M-$182M.
6 min readSummit Hotel Properties (NYSE:INN) reported Q2 results and discussed demand trends tied to government travel and the 2025 World Cup. Pro forma Q2 total revenue rose 5.2%. June RevPAR increased nearly 19% in FIFA host markets. Summit raised full-year guidance to pro forma RevPAR growth of 1.75% to 3.25% and adjusted EBITDAre of $175M to $182M.
6 min readSummit Hotel Properties (NYSE: INN) reported Q2 2026 results. Operating income rose 27.3% to $28.9M and Adjusted EBITDAre increased 7.7% to $54.8M. Pro forma RevPAR rose 5.0% to $136.06, driven by ADR up 7.1%. Net income was $3.9M. The company refinanced a $650M credit facility and sold two hotels for $19.0M.
6 min readSummit Hotel Properties (NYSE: INN) declared second-quarter 2026 cash dividends of $0.08 per common share (and per common unit) payable Aug. 31, 2026, to holders of record Aug. 17. It also declared $0.390625 on 6.25% Series E preferred and $0.3671875 on 5.875% Series F preferred, plus $0.328125 per Series Z unit.
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7 min readSummit Hotel Properties, Inc. (INN) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 executedsummitop2026-cre.htm EX-10.1 executedsummitop2026-cre Execution Copy Deal CUSIP 86607VAU1 Term Loan Facility CUSIP 86607VAW7 Revolving Facility CUSIP 86607VAV9 Delayed Draw Term Loan Facility CUSIP 86607VAX5 SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as
4 min readSummit Hotel Properties, Inc. (INN) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. inn-20260612 0001497645 FALSE 0001497645 2026-06-12 2026-06-12 0001497645 us-gaap:CommonStockMember 2026-06-12 2026-06-12 0001497645 inn:SeriesECumulativeRedeemablePreferredStock001ParValueMember 2026-06-12 2026-06-12 0001497645 inn:SeriesFCumulativeRedeemablePreferredStock001Par
4 min readSummit Hotel Properties, Inc. (NYSE:INN.PF) has declared a quarterly dividend of $0.3672 per share for its 5.875% Series F Cumulative Redeemable Preferred Stock. This dividend is payable on June 17, 2024, to shareholders of record as of June 3, 2024, for the dividend period spanning from March 15, 2024, to June 14, 2024.
2 min readSummit Hotel Properties, Inc. (NYSE:INN) has received a consensus "Reduce" rating from analysts, with an average 1-year price target of $5.00. This follows recent Q EPS results missing expectations and the company setting its FY2026 guidance. Institutional ownership remains high at 96.47%, with several large investors modifying their holdings.
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