Summit Hotel Properties (INN) filed an 8-K on November 4, 2025, disclosing its Third Quarter 2025 operating results via furnished press release and supplemental data.
Q3 2025 Financial Summary: Performance indicated significant pressure, with Total Revenues relatively flat YoY at \(177.1M. The Net Loss widened substantially to \)(11.3M)\( compared to a \)(4.3M)\( loss in Q3 2024. Adjusted FFO fell to \)0.17 per share from $0.22 year-over-year. Pro Forma RevPAR declined 4.2% (Same Store RevPAR decreased 3.7%), driven by lower Average Daily Rate (ADR), although market share improved (RevPAR index
...