Summit Hotel Properties forecasts 0.5% to 3% 2026 RevPAR growth as World Cup pace trends up high teens
Summit Hotel Properties anticipates RevPAR growth of 0.5% to 3% in 2026, driven by an expected boost from the World Cup. The company notes that World Cup-related bookings are already showing high teens percentage increases. This forecast highlights the potential positive impact of major events on the hospitality sector.
News | Summit maintains March momentum ahead of 'robust summer' of special events
Summit Hotel Properties CEO Jonathan Stanner reported that the company finished its first quarter with strong momentum, especially in March, which is expected to continue through the summer due to strengthening demand and upcoming special events. Despite an anticipated challenging start to the year, the REIT saw improved business transient metrics and raised its pro forma RevPAR growth outlook. The company also engaged in significant transaction activity, selling several hotels in line with its strategy.
Summit Hotel (INN) Q1 2026 Earnings Transcript
Summit Hotel Properties (INN) reported strong Q1 2026 financial results, with RevPAR increasing 0.2% year-over-year, exceeding expectations due to broad-based operating strength and rate-driven growth. The company anticipates continued positive momentum, especially in Q2, driven by major events like the FIFA World Cup and the US 250th anniversary celebrations, leading to an increased full-year RevPAR growth outlook of 0.5%-3%. Strategic capital allocation includes asset sales to enhance portfolio quality, reduce leverage, and fund renovations, along with active share repurchases, reflecting confidence in long-term value creation.
Earnings call transcript: Summit Hotel Properties Q1 2026 beats revenue forecast
Summit Hotel Properties Inc. (INN) reported Q1 2026 revenue of $185.05 million, exceeding the forecast of $180.02 million, but missed EPS expectations at -$0.10 against an anticipated -$0.08. Despite the EPS miss, the stock rose 4.02% in premarket trading due to strong revenue growth and a positive outlook, particularly with anticipated RevPAR growth for Q2 and upcoming special events like the FIFA World Cup. The company also updated its full-year guidance upwards, reflecting an improved outlook driven by strengthening demand and favorable industry conditions.
SUMMIT HOTEL PROPERTIES ($INN) Releases Q1 2026 Earnings
SUMMIT HOTEL PROPERTIES ($INN) reported its Q1 2026 earnings, exceeding analyst estimates for both earnings per share and revenue. The company posted earnings of $0.21 per share against an estimated -$0.12, and revenue of $185.05 million, surpassing estimates by over $2.4 million. The report also details recent insider trading activity, with sales totaling $172,200, and significant hedge fund movements during Q4 2025.
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS
Summit Hotel Properties, Inc. reports significant improvements in its first-quarter 2026 results, with positive RevPAR growth exceeding expectations and operating income reaching $14.1 million. The company has updated its 2026 outlook, anticipating a robust summer travel season, and has also been active in capital recycling by selling two hotels and repurchasing shares.
Summit Hotel Properties (INN) Q1 2026 RevPAR, outlook and asset sales
Summit Hotel Properties reported Q1 2026 results with total revenues of $185.1 million and a widened net loss of $10.4 million. Despite the loss, pro forma RevPAR saw a slight increase of 0.2%, and the company continued its capital recycling strategy by selling two hotels and repaying convertible notes. Summit modestly raised its full-year 2026 outlook for RevPAR growth, Adjusted EBITDAre, and Adjusted FFO, reflecting positive operating trends.
Summit Hotel Properties (INN) Surpasses Q1 FFO and Revenue Estimates
Summit Hotel Properties (INN) reported first-quarter Funds From Operations (FFO) of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.19. The company also surpassed revenue estimates, posting $185.05 million against an estimate of $178.88 million. Despite these positive results, INN's shares have underperformed the S&P 500 year-to-date, and the stock currently holds a Zacks Rank #3 (Hold).
Summit Hotel Properties: Q1 Earnings Snapshot
Summit Hotel Properties Inc. (INN) reported its first-quarter earnings, with funds from operations reaching $25.5 million, or 21 cents per share, surpassing Wall Street's expectation of 19 cents per share. The company posted a net loss of $10.4 million, or 10 cents per share, on revenue of $185.1 million. Summit Hotel Properties also provided a full-year outlook, projecting funds from operations to be between 75 cents and 85 cents per share.
Summit Hotel Properties, Inc. 5.875% RED PFD F declares $0.3672 dividend
Summit 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.
Summit Hotel Properties: Q1 Earnings Snapshot
Summit Hotel Properties (INN) reported its Q1 earnings, showing funds from operations (FFO) of 21 cents per share, surpassing Wall Street's expectation of 19 cents. The real estate investment trust posted a net loss of $10.4 million, or 10 cents per share, on revenue of $185.1 million. The company projects full-year FFO to be between 75 cents and 85 cents per share.
Vanguard (INN) holds 6.1% of Summit Hotel Properties common stock
Vanguard Portfolio Management has disclosed a 6.1% beneficial ownership stake in Summit Hotel Properties Inc. (INN), amounting to 6,639,210 shares of common stock as of March 31, 2026. The filing indicates that Vanguard holds sole dispositive power over all these shares, but sole voting power for only 40,889 shares. This information was reported in a Schedule 13G filing with the SEC.
Summit Hotel Properties Inc To Go Ex-Dividend On May 15th, 2026 With 0.08 USD Dividend Per Share
Summit Hotel Properties Inc. (NYSE:INN) will pay a dividend of 0.08 USD per share, going ex-dividend on May 15th, 2026. This article highlights upcoming dividend dates and amounts for INN shareholders.
SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2026 DIVIDENDS
Summit Hotel Properties, Inc. (NYSE: INN) announced the declaration of a cash dividend of $0.08 per share for the first quarter of 2026, representing an annualized dividend yield of 6.8 percent. The company also declared cash dividends for its Series E Cumulative Redeemable Preferred Stock ($0.390625 per share) and Series F Cumulative Redeemable Preferred Stock ($0.3671875 per share), and distributions for its operating partnership's Series Z Cumulative Perpetual Preferred Units ($0.328125 per unit). All dividends are payable on May 29, 2026, to holders of record as of May 15, 2026.
Summit Hotel Properties (INN) Projected to Post Quarterly Earnings on Thursday
Summit Hotel Properties (INN) is expected to report its Q1 2026 earnings on Thursday, April 30th, with analysts projecting an EPS of ($0.08) and revenue of $180.016 million. Despite missing prior quarter estimates and exhibiting negative net margin and ROE, analysts anticipate approximately $1 EPS for the current and next fiscal year. The stock, currently trading near $4.70, holds a "Reduce" consensus rating with a $5.00 average price target, and institutional investors own roughly 96% of its shares.
Do Options Traders Know Something About Summit Hotel Stock We Don't?
Options traders are showing significant interest in Summit Hotel Properties (INN), with high implied volatility on May 15, 2026 $2.5 Calls, suggesting an expectation of a large price movement. Despite this, the company holds a Zacks Rank #3 (Hold) with analysts recently lowering current quarter earnings estimates. This situation may present an opportunity for options traders to sell premium, betting against extreme price swings.
Summit Hotel Properties (NYSE:INN) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?
Summit Hotel Properties (NYSE:INN) saw its shares trade above its 200-day moving average, reaching $4.86, though analyst sentiment remains mixed with an average "Reduce" rating. The company reported a quarterly EPS miss and has a negative payout ratio despite a 6.6% dividend yield, with FY2026 EPS guidance set between $0.73 and $0.85. Institutional investors have adjusted their holdings, with 96.47% of the stock owned by hedge funds and other large investors.
Summit Hotel Properties : INN
Summit Hotel Properties Inc (INN) is a real estate investment trust specializing in high-quality, branded hotels across 24 states. The article highlights that retirees are showing interest in dividend-paying REITs like INN, referencing the ALPS REIT Dividend Dogs ETF. The company's stock data and an overview of its portfolio of 101 properties, including 57 wholly-owned hotels, are provided.
INN Technical Analysis & Stock Price Forecast
This article provides a technical analysis of Summit Hotel Properties Inc (INN), indicating a "Buy" overall technical sentiment based on a blend of moving averages and oscillators. It details current stock price, moving averages, and momentum indicators like RSI and MACD, alongside key support and resistance levels. The analysis also explores how INN is performing relative to its short-term and long-term moving averages.
BlackRock (INN) holds 8.68M shares of Summit Hotel Properties (8.0%)
BlackRock, Inc. has filed a Schedule 13G/A, disclosing its beneficial ownership of 8,680,390 shares (8.0%) in Summit Hotel Properties, Inc. (INN) as of March 31, 2026. The filing indicates BlackRock holds sole voting power for 8,537,614 shares and sole dispositive power for all 8,680,390 shares. This report highlights BlackRock's significant passive investment in the hotel property company.
INN SEC Filings - Summit Hotel Pptys Inc 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides a comprehensive resource for Summit Hotel Properties (INN) SEC filings, including 10-K, 10-Q, and 8-K reports. It offers investors detailed insights into the company's operations, financial performance, and capital structure, with AI-powered summaries to explain complex financial documents. Recent filings highlight beneficial ownership changes and quarterly financial reports.
INN SEC Filings - Summit Hotel Pptys Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Summit Hotel Properties (INN) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K material event filings, and insider trading forms. It offers detailed insights into the company's operations, financial performance, capital structure, and governance, with AI-powered summaries to explain complex terms. Recent filings show a shelf registration for up to $500M in securities, a Q4 2025 net loss, and director stock sales, alongside details on debt amendments and dividend declarations.
Form DEFA14A Summit Hotel Properties,
This article reports on Summit Hotel Properties, Inc.'s filing of a Form DEFA14A (Definitive Additional Materials) with the U.S. Securities and Exchange Commission. This form is a type of proxy statement provided in accordance with Section 14(a) of the Securities Exchange Act of 1934. The filing indicates that Summit Hotel Properties is the registrant and that no fee is required for this particular submission.
Summit Hotel Properties (INN) outlines 2026 votes, 2025 results and pay plan
Summit Hotel Properties (INN) has announced its 2026 annual stockholders meeting, scheduled for May 20, 2026, where shareholders will vote on the election of eight directors, the ratification of Ernst & Young LLP as auditor, and an advisory resolution on executive compensation. The company also reviewed its 2025 financial performance, highlighting pro forma RevPAR of $121.85, Adjusted FFO of $103.6 million, and strategic balance sheet management including new term loans and interest rate swaps. Its executive compensation program emphasizes a pay-for-performance model, with 60% of long-term incentives based on relative total shareholder return.
Summit Hotel Properties, Inc. (NYSE:INN) Given Consensus Rating of "Reduce" by Analysts
Summit Hotel Properties (NYSE:INN) has received a consensus "Reduce" rating from analysts, with two recommending "sell," two "hold," and one "buy," leading to an average 12-month price target of $5.00. The company recently missed quarterly EPS estimates, reported negative net margin and return on equity, and set FY2026 guidance below analyst expectations. Despite paying an annualized dividend of $0.32, the high institutional ownership (96.47%) and recent insider share sales are noted.
Vanguard Amends 13G: Reports 0% Stake in Summit Hotel Properties (INN)
Vanguard has filed an amended Schedule 13G (13G/A) for Summit Hotel Properties (INN), reporting a 0% beneficial ownership stake. This change is due to an internal realignment effective January 12, 2026, where certain Vanguard subsidiaries will now report their beneficial ownership separately, as per SEC Release No. 34-39538. The filing indicates a mechanical reporting adjustment rather than a market transaction.
SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2026 EARNINGS RELEASE DATE
Summit Hotel Properties (NYSE: INN) announced it will report its financial results for the first quarter of 2026 on Thursday, April 30, 2026, after market close. The company will host a conference call on Friday, May 1, 2026, at 12:00 PM ET to discuss the results. Interested parties can pre-register for dial-in details or access a live webcast.
94-hotel REIT Summit sets Q1 results for April 30, call May 1
Summit Hotel Properties (NYSE: INN) announced it will release its first-quarter 2026 financial results on April 30, 2026, after market close, followed by a conference call on May 1, 2026, at 12:00 PM ET. The company's portfolio currently comprises 94 assets, with 52 wholly owned, totaling 14,226 guestrooms across 26 states. Investors can pre-register for the call and access a live webcast, with a replay available through July 31, 2026.
SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2026 EARNINGS RELEASE DATE
Summit Hotel Properties, Inc. (NYSE: INN) announced it will release its first-quarter 2026 financial results on Thursday, April 30, 2026, after the market closes. The company will host a quarterly conference call on Friday, May 1, 2026, at 12:00 PM ET. Summit Hotel Properties is a publicly traded REIT focused on premium-branded lodging facilities, with a portfolio of 94 assets and 14,226 guestrooms across 26 states as of March 25, 2026.
Summit Hotel Properties, Inc. (NYSE:INN) Q4 2025 Earnings Call Transcript
Summit Hotel Properties (NYSE: INN) reported its Q4 and full-year 2025 earnings, highlighting sequential improvement in RevPAR demand despite macroeconomic uncertainties. The company discussed its disciplined capital recycling strategy, including the sale of noncore assets, and provided a positive outlook for 2026, driven by improving demand, special events like the FIFA World Cup, and a strong balance sheet. The earnings call also covered market-specific performance in San Francisco, Orlando, South Florida, and Nashville, and discussed ongoing efforts in expense management and capital expenditures.
Summit Hotel Properties (NYSE:INN) Raised to "Hold" at Wall Street Zen
Wall Street Zen upgraded Summit Hotel Properties (NYSE:INN) from "sell" to "hold," though the stock still holds a consensus "Reduce" rating among analysts. The hotel REIT recently missed its quarterly EPS estimates but slightly beat revenue forecasts. Shares are trading around $4.51 with a market capitalization of approximately $490 million, and a director recently sold a significant number of shares in January.
Summit Hotel Properties Q4 2025 Earnings Report & 2026 Outlook - News and Statistics
Summit Hotel Properties Inc. announced its Q4 2025 earnings, reporting funds from operations (FFO) of $22.3 million (18 cents per share), exceeding analyst estimates of 17 cents per share. The company posted a net loss of $6 million (6 cents per share) and revenue of $175 million for the quarter. For the full year, FFO reached $103.6 million on $729.5 million in revenue, with a 2026 FFO outlook set between 73 and 85 cents per share.
Summit Hotel Properties, Inc. 2025 Q4 - Results - Earnings Call Presentation (NYSE:INN) 2026-02-26
This article announces that Summit Hotel Properties, Inc. has published its slide deck in conjunction with its 2025 Q4 earnings call. The presentation is available for review, providing insights into the company's financial performance.
News | Summit Hotel Properties expects improved performance after first quarter
Summit Hotel Properties faced significant headwinds in 2025, including a drop in international inbound and government demand, leading to declines in RevPAR, ADR, and occupancy. While the first quarter of 2026 is still challenged by these factors and weather events, the REIT anticipates improved performance for the rest of the year, particularly due to the World Cup being hosted in six of its markets. The company projects pro forma RevPAR growth between flat and 3% and adjusted EBITDA for real estate between $167 million and $181 million for 2026.
Summit Hotel Properties (NYSE:INN) Trading Up 9.9% - Here's Why
Shares of Summit Hotel Properties (NYSE:INN) rose 9.9% on Thursday to $4.705. The real estate investment trust (REIT) recently reported quarterly earnings of ($0.06) per share, missing estimates while revenue slightly beat, and set its FY2026 guidance. Analysts currently have a "Reduce" rating on the stock with an average price target of $5.00, and the company also declared a quarterly dividend of $0.08 per share, yielding 6.8%.
Summit Hotel Properties Inc Files For Mixed Shelf Of Up To $500 Million
Summit Hotel Properties Inc has filed for a mixed shelf offering that could raise up to $500 million. This filing allows the company flexibility to issue various types of securities over time. The news was reported by Reuters via Refinitiv.
Summit Hotel Properties: Fourth Quarter Financial Overview
Summit Hotel Properties Inc. surpassed analyst expectations for its fourth-quarter funds from operations, reporting 18 cents per share against a forecast of 17 cents. Despite a net loss of $6 million, the company generated $175 million in revenue for the quarter and $729.5 million for the full year. The real estate investment trust projects full-year funds from operations between 73 and 85 cents per share.
Summit Hotel Properties (NYSE:INN) Announces Quarterly Earnings Results, Misses Estimates By $0.24 EPS
Summit Hotel Properties (NYSE:INN) reported quarterly earnings results, missing analyst estimates by $0.24 EPS with a reported loss of ($0.06) per share, despite revenue exceeding estimates at $174.96 million. The company updated its FY2026 EPS guidance to $0.730-$0.850 and declared a quarterly dividend of $0.08, representing a 7.5% yield. Analyst ratings currently lean towards "Reduce" with an average target price of $5.00, and insider selling has been noted while institutional ownership stands at approximately 96.5%.
This hotel REIT sold $200M of hotels and has no debt due until 2028
Summit Hotel Properties (NYSE: INN) reported a net loss of $23.6 million for full-year 2025, with adjusted FFO down to $103.6 million, attributed to RevPAR declines. Despite weaker operating metrics, the company enhanced its balance sheet by selling approximately $200 million in assets since 2023 and repaying $287.5 million in convertible notes, resulting in no debt maturities until 2028. The market reacted positively to this financial restructuring, with INN's stock gaining 8.64% on the news.
Top 3 Real Estate Stocks That Are Set To Fly In Q1
This article identifies three real estate stocks—Vornado Realty Trust (VNO), Summit Hotel Properties Inc (INN), and Kilroy Realty Corp (KRC)—that are currently oversold, indicating a potential buying opportunity. Each company's stock has seen a recent decline and exhibits an RSI value near or below 30, suggesting they may be undervalued in the short term. The piece details recent quarterly results and price actions for these real estate entities.
Summit Hotel Properties Announces 2026 Annual Meeting of Stockholders
Summit Hotel Properties, Inc. announced that its 2026 Annual Meeting of Stockholders will be held on Wednesday, May 20, 2026, at 8:00 a.m. Central Time. The meeting will take place at the Hampton Inn & Suites Austin Downtown and is open to all stockholders of record as of March 6, 2026. As of February 19, 2026, the real estate investment trust owns 95 lodging facilities across 24 states.
Summit Hotel Properties affiliate sells Texas Courtyard
An affiliate of Summit Hotel Properties, Inc. sold the historic 107-key Courtyard Amarillo Downtown to an affiliate of Amarillo-based KAMP Hotels. Hunter Hotel Advisors facilitated the off-market sale and secured financing for the buyer. The transaction highlights the value of local market insight and the emerging market's growth trajectory in Amarillo, Texas.
SUMMIT HOTEL PROPERTIES DECLARES THIRD QUARTER 2025 DIVIDENDS
Summit Hotel Properties, Inc. (NYSE: INN) announced dividend declarations for the third quarter of 2025. This includes a $0.08 per share cash dividend for common stock, $0.390625 per share for 6.25% Series E Cumulative Redeemable Preferred Stock, and $0.3671875 per share for 5.875% Series F Cumulative Redeemable Preferred Stock, all payable on November 28, 2025. The company also declared distributions for its operating partnership's 5.25% Series Z Cumulative Perpetual Preferred Units.
Bear of the Day: Summit Hotel Properties (INN)
Summit Hotel Properties (INN) has been designated as the "Bear of the Day" by Zacks Investment Research due to its declining bottom-line outlook, a result of a shifting business landscape and competition from vacation rental companies. The company's stock has performed poorly, dropping over 50% in the last decade and 17% year-to-date. Despite a 5.9% dividend yield, analysts recommend avoiding INN stock, which holds a Zacks Rank #5 (Strong Sell), as its adjusted FFO estimates continue to fall significantly.
News | Summit's demand outlook stabilizes after weaker second quarter
Summit Hotel Properties experienced a weaker second quarter in 2025, with same-store revenue per available room (RevPAR) declining by 3.6% due to a narrowing booking window and heightened price sensitivity. Despite this, overall demand remained stable, with occupancy reaching 78%, and the company expects incremental improvements in RevPAR for August and September, with the third-quarter outlook ahead of previous expectations. Summit also reported financial results including a net loss of $1.6 million and refinanced several loans, contributing to a longer average length to maturity for its debt.
Summit acquires two hotels for $96M through JV
Summit Hotel Properties, a REIT based in Austin, Texas, has acquired two hotels in Boston and suburban Washington, D.C. for $96 million through a joint venture with GIC. The acquisition includes the 250-key Hampton Inn Boston - Logan Airport and the 149-key Hilton Garden Inn Tysons Corner, representing an 8.8% capitalization rate based on forecasted 2024 net operating income. This strategic purchase is funded partly by recent asset sales, which generated nearly $150 million, and is expected to close in the last quarter of 2024.
Summit Hotel Properties’ Recent Asset Sales Pave the Way for Further Growth
Jonathan Stanner, CEO of Summit Hotel Properties, discussed the company's recent strategy of selling 10 hotels for $150 million to reduce deferred capital expenditures and deleverage its balance sheet, creating capacity for future growth. The company focused on divesting properties with lower revenue per available room, higher capital expenditure needs, and lower margins, while urban markets like Silicon Valley, Minneapolis, and New Orleans show strong RevPAR and EBITDA growth. Summit anticipates continued low single-digit RevPAR growth and expects its well-positioned portfolio, particularly in urban and suburban markets, to drive performance in 2025.
Four Points by Sheraton hotel in South San Francisco sold at discount
The Four Points by Sheraton hotel in South San Francisco, serving San Francisco International Airport, has been sold by Summit Hotel Properties to Piramco, Inc. for $17.7 million. This sale represents a discount from its previous sale price in 2014. Despite this sale, Summit Hotel Properties continues to own three other hotels in the Bay Area.
News | Hotel Stock Index Gains, but at a Slower Pace
The Baird Hotel Stock Index continues to grow, but at a slower pace in March compared to previous months, with a 1.9% gain. Hotel brands are outperforming REITs within the index, though both subindexes underperformed their relative benchmarks for the month. Despite the slowed monthly growth, the hotel stock index is up 11.9% year to date, surpassing the S&P 500's performance.
Glamping Goes Institutional: Summit Hotel Properties and Onera Escapes Announce Partnership with First Ever Public REIT Dedicated Glamping Investment
Summit Hotel Properties and Onera Escapes have formed a partnership, marking the first time a public REIT has invested in a standalone glamping asset. This collaboration begins with the acquisition of a 90% joint venture interest in Onera Fredericksburg, a premium glamping property in Texas wine country, and an adjacent land parcel for expansion. The move signifies a major step in institutionalizing the alternative accommodation market, with the glamping segment showing a forecasted revenue CAGR of 14% from 2022-2030.
