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Stock impact report

Summit Hotel Properties Q4 Earnings Call Highlights [Yahoo! Finance]

Summit Hotel Properties, Inc. (INN) 
Last summit hotel properties, inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: investor.shpreit.com
Company Research Source: Yahoo! Finance
about 1.6% (pro forma -1.8%) , but excluding a roughly drop in government and inbound international travel RevPAR rose about 60 basis points ; Summit also reported a 220 bp improvement in its RevPAR index to 117, signaling market share gains. Management executed capital recycling and liability actions, selling three non-core hotels for roughly $51.3 million of gross proceeds and drawing a $275 million delayed-draw term loan to retire convertible notes, leaving the company with no debt maturities until and an average interest rate of about ; the board set a quarterly dividend of (annualized yield ~ For 2026 Summit guides to modest growth with RevPAR up 0%–3% , adjusted EBITDA of $167M–$181M and adjusted FFO of $0.73–$0.85 per share, expecting a potential 50–75 bp tailwind from the FIFA World Cup but warning the first quarter will be the most challenging. Interested in Summit Hotel Properties, Inc.? Here are five stocks we like better. 3 REITs With Big Dividend Growth and Sustai Show less Read more
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