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Summit Hotel Properties

5.17

-0.0900-1.71%

Post-market: 5.170.00000.00%17:51 EDT

Volume:12.35M

Turnover:64.02M

Market Cap:564.98M

PE:25.50

High:5.32

Open:5.28

Low:5.16

Close:5.26

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Overview Company News Filings

Summit Hotel Properties Inc. Announces Upcoming Release of Second Quarter 2025 Earnings Results

Summit Hotel Properties Inc. Releases Investor Presentation Highlighting Q1 2025 Performance and Financial Strategies

Director Makes Bold Move with Major Stock Purchase in Summit Hotel Properties

Director Thomas W. Storey Acquires Common Shares of Summit Hotel Properties Inc

Summit Hotel Properties Elects Directors at Annual Meeting

Summit Hotel Properties Inc. Conducted Annual Meeting of Stockholders

Press Release: Chemomab Therapeutics Announces First Quarter 2025 Financial Results and Provides Corporate Update

BRIEF-Summit Hotel Properties-Offer & Resale By Selling Stockholder Of Up To 12.9 Million Shares Of Common Stock

Summit Hotel Properties-Offer & Resale by Selling Stockholder of up to 12.9 Mln Shares of Common Stock

THOMSON REUTERS

Summit Hotel Properties files automatic mixed securities shelf

Summit Hotel Properties Inc (INN) Q1 2025 Earnings Call Highlights: Navigating Growth and Challenges

Summit Hotel Properties Inc reports results for the quarter ended March 31 - Earnings Summary

Summit Hotel Properties Announces $50M Share Buyback Plan

Summit Hotel Properties (INN) Beats Q1 FFO Estimates

Summit Hotel Properties: Q1 Earnings Snapshot

Associated Press Finance

Summit Hotel Properties Q1 FFO $0.22 Beats $0.21 Estimate, Sales $184.48M Beat $184.04M Estimate

BRIEF-Summit Hotel Properties Q1 Adjusted FFO Per Share USD 0.22

Summit Hotel Properties Reports First Quarter 2025 Results

THOMSON REUTERS

Summit Hotel Properties Q1 Ffo per Share USD 0.19

THOMSON REUTERS

SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS

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Announces Upcoming Release of Second Quarter 2025 Earnings Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2546252492","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546252492?lang=en_us&edition=fundamental","pubTime":"2025-06-25 08:50","pubTimestamp":1750812630,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties Inc. will report its financial results for the second quarter of 2025 on Tuesday, August 5, 2025, after the market closes. The company will also conduct a quarterly conference call on Wednesday, August 6, 2025, at 9:00 AM ET to discuss these results.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Summit Hotel Properties Inc. published the original content used to generate this news brief via PR Newswire  on June 25, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250625:nNDL7T02Hm:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN"],"gpt_icon":0},{"id":"2540077937","title":"Summit Hotel Properties Inc. 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Operating expenses increased by 1.5%, and the hotel EBITDA margin contracted by 15 basis points over the last five quarters. The company also announced a $275 million delayed draw term loan to refinance convertible notes maturing in 2026 and a $58 million loan refinancing for the AC/Element Brickell property. Liquidity stands at over $310 million, with a weighted average interest rate of approximately 4.7%. The presentation also mentioned a share repurchase program and a q","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nNDLYZRTv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4181","INN","BK4218"],"gpt_icon":0},{"id":"2537384169","title":"Director Makes Bold Move with Major Stock Purchase in Summit Hotel Properties","url":"https://stock-news.laohu8.com/highlight/detail?id=2537384169","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537384169?lang=en_us&edition=fundamental","pubTime":"2025-05-24 10:11","pubTimestamp":1748052703,"startTime":"0","endTime":"0","summary":"New insider activity at Summit Hotel Properties ( ($INN) ) has taken place on May 24, 2025. Director Thomas Storey has made a significant investmen...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/insider-trading/director-makes-bold-move-with-major-stock-purchase-in-summit-hotel-properties?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/insider-trading/director-makes-bold-move-with-major-stock-purchase-in-summit-hotel-properties?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2537152224","title":"Director Thomas W. 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Summit Hotel Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 23, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL7SVW3Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4218","INN","BK4181"],"gpt_icon":0},{"id":"2537392039","title":"Summit Hotel Properties Elects Directors at Annual Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2537392039","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537392039?lang=en_us&edition=fundamental","pubTime":"2025-05-23 05:15","pubTimestamp":1747948542,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties ( ($INN) ) has issued an announcement. On May 21, 2025, Summit Hotel Properties held its Annual Meeting of Stockholders, wh...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/summit-hotel-properties-elects-directors-at-annual-meeting?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/summit-hotel-properties-elects-directors-at-annual-meeting?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2537992735","title":"Summit Hotel Properties Inc. Conducted Annual Meeting of Stockholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2537992735","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537992735?lang=en_us&edition=fundamental","pubTime":"2025-05-23 04:40","pubTimestamp":1747946449,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties Inc. held its Annual Meeting of Stockholders on May 21, 2025. During the meeting, stockholders voted to elect eight directors to the company's Board of Directors, and all nominees were successfully elected. Additionally, the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Summit Hotel Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 22, 2025, and is solely responsible for the information contai","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDL93Xt6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2535844435","title":"Press Release: Chemomab Therapeutics Announces First Quarter 2025 Financial Results and Provides Corporate Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2535844435","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535844435?lang=en_us&edition=fundamental","pubTime":"2025-05-15 20:00","pubTimestamp":1747310400,"startTime":"0","endTime":"0","summary":"--Reported Positive 48-Week Data from SPRING Trial--Nebokitug Treatment in PSC Patients with Moderate/Advanced Disease Resulted in Continued Improvements across Key Biomarkers of Liver Injury, Inflammation and Fibrosis--. --Aligned with FDA on Pathway to Potential Regulatory Approval for the Treatment of PSC with a Single, Clinical-Events-Driven Clinical Trial--. --These Major Milestones Support the Advancement of Nebokitug to Phase 3 and Position It to Potentially Become the First FDA-Approved Treatment for PSC--. --Cash Runway Extended to the Second Quarter of 2026--. --Company Advancing Multiple Partnering Options for Executing the Nebokitug Program--. TEL AVIV, Israel, May 15, 2025  -- Chemomab Therapeutics Ltd., , a clinical-stage biotechnology company developing innovative therapeutics for fibro-inflammatory diseases with high unmet need, today announced financial and operating results for the first quarter ended March 31, 2025, and provided a corporate update.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DM0.SI","PK","BK4007","BK4232","INN","BK4539","BK4139","CMMB","R","BK4181","BK4218","BK4022","PSC","LENZ","BK6053"],"gpt_icon":0},{"id":"2532877164","title":"BRIEF-Summit Hotel Properties-Offer & Resale By Selling Stockholder Of Up To 12.9 Million Shares Of Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2532877164","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532877164?lang=en_us&edition=fundamental","pubTime":"2025-05-03 05:24","pubTimestamp":1746221042,"startTime":"0","endTime":"0","summary":"BRIEF-Summit Hotel Properties-Offer & Resale By Selling Stockholder Of Up To 12.9 Million Shares Of Common StockMay 2  - Summit Hotel Properties Inc INN.N:SUMMIT HOTEL PROPERTIES-OFFER & RESALE BY SELLING STOCKHOLDER OF UP TO 12.9 MILLION SHARES OF COMMON STOCKSource text: [ID:n0001104659-25-044229]Further company coverage: INN.N ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250502:nFWN3RA29Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN","BK4218","BK4181"],"gpt_icon":0},{"id":"2532775058","title":"Summit Hotel Properties-Offer & Resale by Selling Stockholder of up to 12.9 Mln Shares of Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2532775058","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532775058?lang=en_us&edition=fundamental","pubTime":"2025-05-03 05:19","pubTimestamp":1746220747,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250502:nFWN3RA29Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4218","BK4181","INN"],"gpt_icon":0},{"id":"2532712868","title":"Summit Hotel Properties files automatic mixed securities shelf","url":"https://stock-news.laohu8.com/highlight/detail?id=2532712868","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532712868?lang=en_us&edition=fundamental","pubTime":"2025-05-03 04:10","pubTimestamp":1746216621,"startTime":"0","endTime":"0","summary":"16:08 EDT Summit Hotel Properties (INN) files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, marke...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-files-automatic-mixed-securities-shelf?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-files-automatic-mixed-securities-shelf?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["INN","BK4218","BK4181"],"gpt_icon":0},{"id":"2532891367","title":"Summit Hotel Properties Inc (INN) Q1 2025 Earnings Call Highlights: Navigating Growth and Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2532891367","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532891367?lang=en_us&edition=fundamental","pubTime":"2025-05-02 15:09","pubTimestamp":1746169795,"startTime":"0","endTime":"0","summary":"RevPAR Growth: Increased 1.5% year-over-year for the same-store portfolio.EBITDA Margin: Contracted less than 50 basis points compared to the previous year.Urban Portfolio RevPAR: Increased nearly 3%, with notable growth in San Francisco at 13.5%.Adjusted EBITDA: $45 million for the first quarter.Adjusted FFO: $27.4 million or $0.22 per share.Capital Expenditures: $16 million on a consolidated basis, $14 million on a pro rata basis.Interest Rate: Average interest rate of approximately 4.6%.Dividend: Quarterly common dividend of $0.08 per share.Share Repurchase Program: $50 million approved by the Board of Directors.GuruFocus has detected 7 Warning Signs with INN.RevPAR and same-store portfolio increased by 1.5% compared to the first quarter of last year, driven by a mix of rate and occupancy growth.Urban markets such as New Orleans, Tampa, San Francisco, Chicago, and Downtown Houston experienced significant RevPAR growth, with San Francisco achieving a 13.5% increase.March RevPAR decli","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inc-inn-070955155.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2532015392","title":"Summit Hotel Properties Inc reports results for the quarter ended March 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2532015392","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532015392?lang=en_us&edition=fundamental","pubTime":"2025-05-01 07:21","pubTimestamp":1746055272,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties Inc reports results for the quarter ended March 31 - Earnings SummarySummit Hotel Properties Inc INN.N reported a quarterly adjusted loss of 4 cents per share for the quarter e","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nL8N3R83MO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN"],"gpt_icon":0},{"id":"2532182450","title":"Summit Hotel Properties Announces $50M Share Buyback Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2532182450","media":"Dow Jones","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532182450?lang=en_us&edition=fundamental","pubTime":"2025-05-01 06:47","pubTimestamp":1746053220,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties said its board has authorized the purchase of $50 million of common stock.The new share repurchase program may be suspended or discontinued at any time, the company said.The real estate investment trust has a market cap of $516.9 million, 111.38 million shares outstanding and a public float of 105.42 million shares.The company's shares finished Wednesday's regular session basically flat at $4.07.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4181","INN","BK4218"],"gpt_icon":0},{"id":"2532014930","title":"Summit Hotel Properties (INN) Beats Q1 FFO Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2532014930","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532014930?lang=en_us&edition=fundamental","pubTime":"2025-05-01 06:15","pubTimestamp":1746051308,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties  came out with quarterly funds from operations  of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to FFO of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.76%. A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post FFO of $0.19 per share when it actually produced FFO of $0.20, delivering a surprise of 5.26%.Over the last four quarters, the company has surpassed consensus FFO estimates four times.Summit Hotel Properties , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $184.48 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.80%. This compares to year-ago revenues of $188.14 million. The company has topped consensus revenue estimates three times over the last four quarters.Investors should be mindful of the ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inn-beats-221508524.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","INN","SOHO","BK4181"],"gpt_icon":0},{"id":"2532094377","title":"Summit Hotel Properties: Q1 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2532094377","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532094377?lang=en_us&edition=fundamental","pubTime":"2025-05-01 05:08","pubTimestamp":1746047312,"startTime":"0","endTime":"0","summary":"AUSTIN, Texas  — AUSTIN, Texas  — Summit Hotel Properties Inc.  on Wednesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations.The Austin, Texas-based real estate investment trust said it had funds from operations of $27.4 million, or 22 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 21 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had a loss of $4.7 million, or 4 cents per share.The real estate investment trust specializing in higher end hotels, based in Austin, Texas, posted revenue of $184.5 million in the period.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-q1-earnings-210832465.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2532809698","title":"Summit Hotel Properties Q1 FFO $0.22 Beats $0.21 Estimate, Sales $184.48M Beat $184.04M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2532809698","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532809698?lang=en_us&edition=fundamental","pubTime":"2025-05-01 04:39","pubTimestamp":1746045582,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (NYSE:INN) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.21 by 4.76 percent. This is a 8.33 percent decrease over earnings of $0.24 per share from","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/04/45118923/summit-hotel-properties-q1-ffo-0-22-beats-0-21-estimate-sales-184-48m-beat-184-04m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN"],"gpt_icon":0},{"id":"2532827096","title":"BRIEF-Summit Hotel Properties Q1 Adjusted FFO Per Share USD 0.22","url":"https://stock-news.laohu8.com/highlight/detail?id=2532827096","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532827096?lang=en_us&edition=fundamental","pubTime":"2025-05-01 04:30","pubTimestamp":1746045051,"startTime":"0","endTime":"0","summary":"BRIEF-Summit Hotel Properties Q1 Adjusted FFO Per Share USD 0.22\n\n\nApr 30 (Reuters) - Summit Hotel Properties Q1 FFO per share USD 0.19.\n\nQ1 revpar USD 124.99\nQ1 hotel EBITDA margin 35.6%\nQ1 net income USD -4.684 million","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nPLXF00192:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2532095088","title":"Summit Hotel Properties Reports First Quarter 2025 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2532095088","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532095088?lang=en_us&edition=fundamental","pubTime":"2025-05-01 04:30","pubTimestamp":1746045006,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nTUA2ZKPZ6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2532095703","title":"Summit Hotel Properties Q1 Ffo per Share USD 0.19","url":"https://stock-news.laohu8.com/highlight/detail?id=2532095703","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532095703?lang=en_us&edition=fundamental","pubTime":"2025-05-01 04:30","pubTimestamp":1746045006,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nPLXF00192:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["INN","BK4218","BK4181"],"gpt_icon":0},{"id":"2532209974","title":"SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS","url":"https://stock-news.laohu8.com/highlight/detail?id=2532209974","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532209974?lang=en_us&edition=fundamental","pubTime":"2025-05-01 04:30","pubTimestamp":1746045000,"startTime":"0","endTime":"0","summary":"Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity. AUSTIN, Texas, April 30, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc.  , today announced results for the three months ended March 31, 2025.\"Our same-store portfolio RevPAR increased 1.5% during the first quarter and hotel EBITDA margin contracted less than 50 basis points compared to the prior year, reflecting our ability to effectively manage expenses in a low revenue growth environment. During the quarter, we also closed on a favorable $275 million term loan facility that will be used to refinance the majority of our convertible notes maturing in February 2026. The term loan allows for a delayed draw for up to 12 months, which eliminates all of our debt maturity risk until 2027 and allows us to continue to benefit from the convertible notes attractive 1.5% coupon through maturity,\" said Jonathan P. 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