Welcome to our dedicated page for Summit Hotel Pptys news (Ticker: INN), a resource for investors and traders seeking the latest updates and insights on Summit Hotel Pptys stock.
News about Summit Hotel Properties, Inc. (NYSE: INN) centers on its activities as a lodging-focused real estate investment trust that owns premium-branded, upscale hotel properties. Company press releases regularly provide detailed updates on quarterly and annual operating results, portfolio performance, and capital allocation decisions across its hotel portfolio.
Investors following INN news will see recurring coverage of earnings announcements, where the company reports metrics such as same-store and pro forma RevPAR, hotel EBITDA, EBITDAre, FFO, and adjusted FFO. These releases often include commentary on operating fundamentals, demand trends across the portfolio, and changes in hotel-level margins and expenses.
Summit Hotel Properties also issues news related to capital markets and balance sheet activity. Recent disclosures describe term loan refinancings, new credit facilities, delayed draw term loans, interest rate swaps, and other financing arrangements that affect the company’s debt maturities, interest costs, and liquidity. Press releases may also cover share repurchase authorizations, execution under repurchase programs, and the declaration of dividends on common and preferred equity.
Another recurring theme in INN news is portfolio and asset activity, including the sale of selected hotels, the associated sales prices and capitalization rates, and how proceeds are used. The company has also highlighted property-level projects, such as renovations or expansions at specific hotels, and has reported on the performance of unique assets within its portfolio.
Summit Hotel Properties additionally publishes updates on its corporate responsibility and sustainability efforts, including the release of its Corporate Responsibility Report. These items describe its commitments to environmental stewardship, social responsibility, governance, and community engagement. For investors and observers seeking a comprehensive view of INN, the news flow offers insight into both financial performance and broader corporate priorities.
Summit Hotel Properties (NYSE: INN) reported first quarter 2026 results with pro forma RevPAR of $126.57 (0.2% growth) and AFFO of $25.5 million or $0.21 per share. Net loss attributable to common stockholders was $10.4 million or $0.10 per diluted share.
The company agreed to sell two Dallas (Arlington South) hotels for $19.0 million, repurchased 1.4 million shares for $6.0 million, and said unrestricted cash is $34.8 million with no debt maturities until 2028.
Summit Hotel Properties (NYSE: INN) declared cash dividends for the quarter ended March 31, 2026. The common dividend is $0.08 per share (annualized yield 6.8% based on the April 22, 2026 close). Preferred and OP unit distributions for periods ending May 31, 2026 were also declared. Dividends and distributions are payable May 29, 2026 to holders of record as of May 15, 2026.
Key dividend rates: Series E preferred $0.390625 per share; Series F preferred $0.3671875 per share; Series Z OP units $0.328125 per unit.
Summit Hotel Properties (NYSE: INN) will report first-quarter 2026 financial results on Thursday, April 30, 2026 after market close and host a conference call on Friday, May 1, 2026 at 12:00 PM ET.
Investors may pre-register for the call and access a live webcast; a replay will be available on the investor website through July 31, 2026. As of March 25, 2026, the portfolio consists of 94 assets (52 wholly owned) with 14,226 guestrooms across 26 states.
S&P Dow Jones Indices announced index membership changes effective Mar 13 and Mar 23, 2026, moving multiple companies across the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600.
Notable moves: Vertiv (VRT), Lumentum (LITE), Coherent (COHR), EchoStar (SATS) are added to the S&P 500 on Mar 23, while Lamb Weston (LW) is removed from the S&P 500 and moved to the S&P SmallCap 600 on the same date.
Summit Hotel Properties (NYSE: INN) reported fourth-quarter and full-year 2025 results, citing portfolio RevPAR declines and portfolio stabilization late in Q4. Net loss for FY2025 was $23.6M and adjusted FFO was $103.6M. The company completed multiple asset sales (~$200M since 2023) and repaid convertible notes via a delayed draw term loan, leaving no debt maturities until 2028 and pro rata unrestricted cash of $30.1M. FYE 2026 guidance: pro forma RevPAR growth 0–3% and adjusted FFO $89M–$103.5M.
Summit Hotel Properties (NYSE: INN) announced its 2026 Annual Meeting of Stockholders for Wednesday, May 20, 2026 at 8:00 a.m. Central Time. The meeting will be held at the Hampton Inn & Suites Austin Downtown, 200 San Jacinto Boulevard, Austin, Texas 78701.
The meeting is open to stockholders of record as of March 6, 2026. As of February 19, 2026, the company reported a portfolio of 95 assets (52 wholly owned) totaling 14,348 guestrooms across 24 states.
Summit Hotel Properties (NYSE: INN) declared cash dividends payable Feb 27, 2026 for holders of record Feb 13, 2026. The Company declared a $0.08 per share common dividend for the fourth quarter ended Dec 31, 2025, which represents an annualized yield of 6.6% based on the Jan 21, 2026 closing price. The Board also declared preferred dividends of $0.390625 per share for 6.25% Series E and $0.3671875 per share for 5.875% Series F for the period ending Feb 28, 2026, and an operating partnership distribution of $0.328125 per unit for Series Z units for the period ending Feb 28, 2026.
Summit Hotel Properties (NYSE: INN) will report Q4 and full-year 2025 financial results on Wednesday, February 25, 2026 after market close.
The company will hold a quarterly conference call on Thursday, February 26, 2026 at 10:00 AM ET with a live webcast and a replay available on the investor website through May 1, 2026. Pre-registration is required to receive dial-in details.
Portfolio snapshot as of January 9, 2026: 95 assets (52 wholly owned), 14,348 guestrooms across 24 states. Visit the investor site for the webcast, replay, and additional disclosures.
Summit Hotel Properties (NYSE: INN) on November 11, 2025 published its annual Corporate Responsibility Report.
The report outlines the company's commitments to environmental stewardship, social responsibility, governance, sustainable hotel operations, employee well-being, community engagement, and resilience. Leadership highlighted progress in ESG initiatives and the company's culture of corporate citizenship.
The report is available in the Responsibility section of the company's website at http://www.shpreit.com/responsibility/about.
Summit Hotel Properties (NYSE: INN) reported third-quarter 2025 results on Nov 4, 2025, highlighting portfolio stability but near-term pressure from reduced government demand and slower international travel.
Key metrics: Q3 net loss of $11.3M (−$0.11 per diluted share); same-store RevPAR down 3.7% to $115.77; pro forma RevPAR down 4.2% to $116.57; Adjusted FFO of $21.3M ($0.17 per diluted share). The company sold two hotels for $39.0M at a blended 4.3% cap rate (Oct 2025) and completed a $400M GIC joint-venture term loan refinancing at SOFR+235bps, lowering prior spread by 50bps.
Balance sheet: unrestricted cash $33.8M, total liquidity >$280M, and no debt maturities until 2028 on an effective basis. Dividend: common quarterly cash dividend $0.08/share payable Nov 28, 2025.