Summit Hotel Properties, Inc. INN
Summit Hotel Properties, Inc. is a publicly listed real estate investment trust (REIT) that concentrates on acquiring and managing premium-branded, efficiently operated hotels, primarily within the upscale segment of the hospitality sector. As of November 3, 2020, the company's diverse portfolio encompassed 72 hotels, 67 of which were wholly owned, providing a total of 11,288 guestrooms situated across 23 U.S. states.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-30) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $729.47M | $-7.96M | $149.61M | $219.47M | $149.03M |
| 2024 | $731.78M | $43.64M | $146.44M | $259.22M | $166.32M |
| 2023 | $736.13M | $-9.49M | $150.92M | $212.40M | $153.64M |
| 2022 | $675.70M | $1.47M | $150.16M | $220.57M | $169.62M |
| 2021 | $361.93M | $-65.57M | $105.95M | $82.21M | $66.05M |
| 2020 | $234.46M | $-143.34M | $109.62M | $5.05M | $-42.05M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-05-15 | 2026-05-15 | 2026-05-29 | 2026-04-23 | $0.08 | Quarterly |
| 2026-02-13 | 2026-02-13 | 2026-02-27 | 2026-01-22 | $0.08 | Quarterly |
| 2025-11-14 | 2025-11-14 | 2025-11-28 | 2025-10-31 | $0.08 | Quarterly |
| 2025-08-15 | 2025-08-15 | 2025-08-29 | 2025-08-01 | $0.08 | Quarterly |
| 2025-05-16 | 2025-05-16 | 2025-05-30 | 2025-04-24 | $0.08 | Quarterly |
| 2025-02-14 | 2025-02-14 | 2025-02-28 | 2025-01-23 | $0.08 | Quarterly |
| 2024-11-15 | 2024-11-15 | 2024-11-29 | 2024-10-24 | $0.08 | Quarterly |
| 2024-08-16 | 2024-08-16 | 2024-08-30 | 2024-07-25 | $0.08 | Quarterly |
| 2024-05-16 | 2024-05-17 | 2024-05-31 | 2024-05-01 | $0.08 | Quarterly |
| 2024-02-14 | 2024-02-15 | 2024-02-29 | 2024-01-25 | $0.06 | Quarterly |
| 2023-11-15 | 2023-11-16 | 2023-11-30 | 2023-10-26 | $0.06 | Quarterly |
| 2023-08-16 | 2023-08-17 | 2023-08-31 | 2023-07-27 | $0.06 | Quarterly |
| 2023-05-16 | 2023-05-17 | 2023-05-31 | 2023-04-27 | $0.06 | Quarterly |
| 2023-02-13 | 2023-02-14 | 2023-02-28 | 2023-01-26 | $0.04 | Quarterly |
| 2022-11-15 | 2022-11-16 | 2022-11-30 | 2022-10-28 | $0.04 | Quarterly |
| 2022-08-16 | 2022-08-17 | 2022-08-31 | 2022-08-02 | $0.04 | Quarterly |
| 2020-02-13 | 2020-02-14 | 2020-02-28 | 2020-01-31 | $0.18 | Quarterly |
| 2019-11-14 | 2019-11-15 | 2019-11-29 | 2019-11-01 | $0.18 | Quarterly |
| 2019-08-15 | 2019-08-16 | 2019-08-30 | 2019-07-29 | $0.18 | Quarterly |
| 2019-05-16 | 2019-05-17 | 2019-05-31 | 2019-04-29 | $0.18 | Quarterly |
| 2019-02-13 | 2019-02-14 | 2019-02-28 | 2019-02-01 | $0.18 | Quarterly |
| 2018-11-15 | 2018-11-16 | 2018-11-30 | 2018-10-26 | $0.18 | Quarterly |
| 2018-08-15 | 2018-08-16 | 2018-08-31 | 2018-07-30 | $0.18 | Quarterly |
| 2018-05-15 | 2018-05-16 | 2018-05-31 | 2018-04-30 | $0.18 | Quarterly |
Coverage (payout of operating cash flow): 22.94%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.