Summit Hotel Properties, INC 8-K filings

Summit Hotel Properties, Inc. has entered into an equity distribution agreement to offer and sell up to $200 million of its common stock through various sales agents.

Summit Hotel Properties announced robust Q2 2026 results, with operating income up 27.3% and Adjusted EBITDAre up 7.7%, driven by strong ADR growth and balance sheet enhancements.

Summit Hotel Properties, Inc. has entered into a Second Amended and Restated Senior Credit Facility totaling $650 million, replacing its prior agreement and introducing new terms for its operating partnership.

Summit Hotel Properties announced the resignation of CFO William Conkling, effective June 15, 2026, with CEO Jonathan Stanner assuming interim financial oversight.

Summit Hotel Properties, Inc. announced the results of its Annual Meeting of Stockholders, including the election of eight directors, ratification of Ernst & Young LLP, and advisory approval of executive compensation.

Summit Hotel Properties reported a net loss of $10.4 million for Q1 2026 while increasing its full-year guidance due to positive RevPAR growth.

Summit Hotel Properties reported net losses for Q4 and full year 2025, but management expresses optimism for strengthening fundamentals in 2026 driven by special events and corporate demand.

Summit Hotel Properties, Inc. and its operating partnership amended four credit agreements, reducing interest expenses by eliminating a 0.10% credit spread adjustment to the Term SOFR rate.

Summit Hotel Properties reported a net loss for Q3 2025, driven by reduced government demand and slower international travel, but completed strategic asset sales and debt refinancing.

Summit Hotel Properties reported a net loss for Q2 2025 and declines in key operating metrics, attributing the downturn to macroeconomic volatility and increased price sensitivity, while highlighting strategic debt refinancings and share repurchases.

Summit Hotel Properties, Inc.'s joint venture entities have successfully secured a new $400 million term loan credit facility, enhancing liquidity and providing financial flexibility for its hotel and parking asset portfolio.

Summit Hotel Properties successfully held its Annual Meeting of Stockholders on May 21, 2025, electing eight directors and ratifying the appointment of Ernst & Young LLP as its independent accounting firm.

Summit Hotel Properties has filed a prospectus supplement to register the potential resale of up to 12.9 million common shares underlying OP Units by a selling stockholder.

Summit Hotel Properties announces its Q1 2025 results, featuring a slight increase in same-store RevPAR but a decrease in net income, alongside the authorization of a $50 million share repurchase program.

Summit Hotel Properties, Inc. has entered into a $275 million unsecured delayed draw term loan facility to refinance debt and for general working capital.

Summit Hotel Properties reports a net income increase for both Q4 and full year 2024, driven by strategic transactions and effective expense management, despite a slight contraction in hotel EBITDA margins.

Summit Hotel Properties announced its third quarter 2024 results, showing growth in Adjusted FFO but a slight decrease in pro forma hotel EBITDA, alongside the sale of a San Francisco hotel.

Summit Hotel Properties announced a significant increase in net income and record-high adjusted EBITDAre for the second quarter of 2024, driven by strong RevPAR growth and effective expense management.

Summit Hotel Properties' stockholders approved the 2024 Equity Incentive Plan at the annual meeting, replacing the 2011 plan and authorizing 4,406,174 shares for issuance.

Summit Hotel Properties announced positive first quarter 2024 results, including a 10% increase in Adjusted EBITDAre and a 14% increase in Adjusted FFO, alongside a 33% increase in their common dividend.

Summit Hotel Properties announced its fourth quarter and full year 2023 results, highlighting strategic asset sales, new financing, and a positive outlook for 2024 despite a net loss.