INN Summit Hotel Properties, Inc., INN-PE Summit Hotel Properties, Inc., INN-PF Summit Hotel Properties, Inc. - 10-Q - (2025-11-04)

FINANCIAL PERFORMANCE & OPERATIONAL TRENDS (Q3/9M 2025)

Summit Hotel Properties experienced a sharp reversal in profitability for the nine months ended September 30, 2025, swinging from \(\\)38.0M\( net income in 2024 to a **\)$(9.1M)\( net loss**. Net loss attributable to common stockholders widened significantly to \)$(24.0M)\(. Diluted EPS settled at \)$(0.17)\( versus a \)$0.21\( profit previously. Quarterly performance mirrored this deterioration, with Q3 net loss reaching \)$(11.76M)$.

Total Revenues were slightly down to \(\\)554.5M\( (9M), while Hotel EBITDA declined to \)$188.0M\( (from \)

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