Summit Hotel Properties

Q4 2025 in 17d Q3 2025 +2.33%Q2 2025 +0.39%Q1 2025 +1.47%Q4 2024 -1.10%Q3 2024 -0.82%Q2 2024 +3.76%Q1 2024 +2.83%Q4 2023 -0.77%Q3 2023 +8.87%Q2 2023 -8.82%Q1 2023 +2.01%Q4 2022 -6.33%Q3 2022 -9.87%Q2 2022 +3.02%Q1 2022 -1.85%Q4 2021 -0.20%Q3 2021 +0.98%Q2 2021 -1.94%Q1 2021 -5.29%Q4 2020 +4.47%Q3 2020 +2.54%Q2 2020 +5.73%Q1 2020 -12.46%Q4 2019 -8.28%Q3 2019 -3.43%Q2 2019 -1.30%Q1 2019 +5.86%Q4 2018 +0.77%Q3 2018 -0.35%Q2 2018 +0.35%Q1 2018 -1.79%Q4 2017 -1.06%Q3 2017 +0.70%Q2 2017 -10.07%Q1 2017 -0.53%Q4 2016 -1.85%Q3 2016 -2.10%Q2 2016 -0.43%Q1 2016 +3.89%Q4 2015 +5.19%Q3 2015 +4.13%Q2 2015 -5.43%Q1 2015 -2.40%Q4 2014 +3.05%Q3 2014 +0.86%Q2 2014 +3.57%Q1 2014 +2.27%Q4 2013 -1.09%Q3 2013 -3.75%Q2 2013 -1.24%Q1 2013 -0.77%Q4 2012 +3.38%Q3 2012 -2.40%Q2 2012 +2.35%Q1 2012 +1.26%Q4 2011 -7.90%Q3 2011 +4.52%Q2 2011 +0.83%Q1 2011 -0.38%Q4 2010 +1.32%Q3 2010 Q2 2010 Q1 2010

Feb 27, 2023

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Dec 31, 2022

Summit Hotel Properties Q4 2022 Earnings Report

Summit Hotel Properties reported fourth quarter and full year 2022 results.

Key Takeaways

Summit Hotel Properties announced its Q4 2022 results, with RevPAR recapture reaching a new high of 97%. The company completed nearly $1 billion of strategic transactions and reinstated its common dividend.

Q4 2022 RevPAR Recapture Reached New High

Operating Income Tripled Driving Adjusted EBITDAre Growth of 100% to $180.8 Million in 2022

Nearly $1 Billion of Strategic Acquisitions Completed in 2022

Company entered into contracts to sell six hotels and a vacant land parcel for approximately $80 million

Previous year: $38.8M

+70.9%

Cash and Equivalents

$51.3M

Previous year: $64.5M

-20.5%

Total Assets

$3.02B

Previous year: $2.26B

+33.4%