The earnings call highlighted effective cost management, market share growth, and successful refinancing efforts. However, it also addressed challenges such as RevPAR decline, weaker government and international demand, and market-specific difficulties. The positives, including strong expense management and strategic financial maneuvers, were counterbalanced by significant revenue and demand challenges.

Company Guidance

During the second quarter of 2025, Summit Hotel Properties, Inc. reported a decline in same-store RevPAR by 3.6%, falling within their expected range of a 2% to 4% decline. This was largely driven by a 3.3% decrease in average daily rate and a less than 0.5% decline in occupancy, which stood at 78%, marking their second-highest nominal occupancy in the past five years. The company faced significant year-over-year comparisons due to high-rated events in 2024 and a 125 basis point headwind to RevPAR growth from these events. Government-related demand contracted by over 20%, and net inbound international travel declined by approximately 18%. Despite these challenges, Summit managed to improve market share, with a RevPAR index increase of nearly 150 basis points to 115%, and limited operating expense growth to 1.5% year-over-year, maintaining EBITDA margins with minimal contraction. Additionally, the company executed a $50 million share repurchase program, buying back 3.6 million shares at an average price of $4.30, which enhanced their cash flow profile by offering a 7.4% implied dividend yield. Looking ahead, Summit expects RevPAR declines to moderate in the third quarter, projecting a 3% decline and is optimistic about improvements in the fourth quarter due to demand stabilization and macroeconomic clarity.

Successful Share Repurchase Program

Summit Hotel Properties repurchased 3.6 million shares for $15.4 million, with an average price of $4.30 per share. This represents a discount of 15% to the current trading price and reduced shares outstanding by approximately 3%.

Strong Expense Management

Operating expenses increased only 1.5% year-over-year or 2% on a per occupied room basis. Year-to-date, expenses have increased modestly by 1.5%, limiting EBITDA margin contraction to 160 basis points.

Refinancing and Debt Management

The company refinanced a $58 million mortgage with a 40 basis point reduction in spread and a $400 million term loan with a 50 basis point reduction. This refinancing led to estimated annual interest savings of approximately $2 million.

Market Share Growth

RevPAR index grew by nearly 150 basis points to 115%, among the highest post-pandemic levels, reflecting effective revenue strategies.

Summit Hotel Properties (INN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

INN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	-0.05 / -	-0.04	―	―	―
Aug 05, 2025	2025 (Q2)	0.00 / -0.02	0.23	-108.70% (-0.25)	―
Apr 30, 2025	2025 (Q1)	-0.02 / -0.04	-0.02	-100.00% (-0.02)
Feb 24, 2025	2024 (Q4)	-0.07 / 0.01	-0.16	106.25% (+0.17)
Nov 04, 2024	2024 (Q3)	-0.06 / -0.04	-0.05	20.00% (+0.01)
Jul 29, 2024	2024 (Q2)	-0.07 / 0.23	-0.01	2400.00% (+0.24)
May 01, 2024	2024 (Q1)	-0.06 / -0.02	-0.05	60.00% (+0.03)
Feb 28, 2024	2023 (Q4)	-0.09 / -0.16	-0.11	-45.45% (-0.05)
Nov 01, 2023	2023 (Q3)	-0.12 / -0.05	0	―
Aug 02, 2023	2023 (Q2)	0.12 / -0.01	0.07	-114.29% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

INN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$5.04	$5.06	+0.40%
Apr 30, 2025	$3.94	$4.00	+1.52%
Feb 24, 2025	$6.14	$6.07	-1.14%
Nov 04, 2024	$5.83	$5.72	-1.89%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Summit Hotel Properties (INN) report earnings?

Summit Hotel Properties (INN) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Summit Hotel Properties (INN) earnings time?

Summit Hotel Properties (INN) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is INN EPS forecast?

INN EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.

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