Summit Hotel Properties (INN) posts FY 2025 net loss of USD 23.6 million from net income of USD 25.1 million

Reuters02-26 05:40
<a href="https://laohu8.com/S/INN">Summit Hotel Properties</a> (INN) posts FY 2025 net loss of USD 23.6 million from net income of USD 25.1 million

Summit Hotel Properties (INN) reported a Q4 2025 net loss attributable to common stockholders of USD 6.0 million and total revenues of USD 175.0 million. Q4 same store RevPAR was USD 115.34 (-1.6%), with ADR of USD 162.69 (-1.0%) and occupancy of 70.9%. Q4 adjusted EBITDAre was USD 39.7 million and adjusted FFO was USD 22.3 million, or USD 0.18 per diluted share. For FY 2025, INN posted a net loss attributable to common stockholders of USD 23.6 million on total revenues of USD 729.5 million. FY same store RevPAR was USD 121.73 (-1.8%), with ADR of USD 165.22 (-1.7%) and occupancy of 73.7%; adjusted EBITDAre was USD 174.8 million and adjusted FFO was USD 103.6 million, or USD 0.85 per diluted share. Portfolio and capital updates included the February 2026 sale of the 122-room Hilton Garden Inn Longview for USD 12.3 million (6.7% capitalization rate) and the October 2025 sale of two hotels for USD 39.0 million combined (blended 4.3% capitalization rate). INN also said it fully repaid its USD 287.5 million convertible notes on Feb. 17, 2026 using its USD 275.0 million delayed draw term loan and its corporate revolver, and reported no debt maturities until 2028. The company declared a quarterly common dividend of USD 0.08 per share, payable Feb. 27, 2026. For FY 2026, INN guided for adjusted EBITDAre of USD 167.0 million to USD 181.0 million and adjusted FFO per share/common unit of USD 0.73 to USD 0.85, with pro forma RevPAR growth of 0.0% to 3.0%.

Disclaimer: This news brief was created by Public Technologies (PUBT) 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 (Ref. ID: DA95807) on February 25, 2026, and is solely responsible for the information contained therein.

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