Summit Hotel Properties/$INN

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About Summit Hotel Properties

Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The company's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
Ticker
$INN
Primary listing
NYSE
Employees
78

INN Metrics

BasicAdvanced
$597M
-
-$0.23
1.24
$0.32
5.62%

Bulls say / Bears say

The company raised its full-year 2026 guidance for pro forma RevPAR growth to 1.75–3.25% and increased its Adjusted FFO per share outlook by $0.02, reflecting stronger-than-expected operating trends. (Summit Q2 Press Release)
As of June 30, 2026, Summit maintained a balanced debt profile with $1.1 billion outstanding at a 5.46% weighted average interest rate, 51% fixed-rate coverage, a pro rata maturity of 3.7 years, and $29.3 million in unrestricted cash, reducing refinancing risk. (Summit Q2 Press Release)
The company repurchased 1.5 million common shares for $6.2 million year-to-date under its buyback program—5.1 million shares (4.2% of total) since inception—demonstrating commitment to shareholder returns with $28.4 million of authorization remaining. (Summit Q2 Press Release)
Occupancy declined by 1.9% year-over-year to 75.1% in Q2 2026, signaling softening demand in key markets. (Summit Q2 Press Release)
Net debt reached $1.396 billion as of March 31, 2026—over 50% of total assets—implying a high leverage ratio that may constrain financial flexibility. (Summit Q1 Press Release)
The company reported a net loss attributable to common stockholders of $10.4 million in Q1 2026, compared to a $4.7 million loss in Q1 2025, highlighting volatility in underlying earnings. (Summit Q1 Press Release)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2026.

Funds containing INN

Funds
Fund name
Fund size
$INN weighting
SPDR Russell 2000 US Small Cap€R2US
€4.8B0.02%
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