Overview

* Summit Hotel Properties ( INN ) Q3 revenue missed analyst expectations

* Same store RevPAR decreased 3.7% in Q3 2025 compared to last year

* Company completed sale of two hotels for $39 mln, strengthening balance sheet

Outlook

* Company expects Q4 2025 RevPAR growth between -2.0% and -2.5%

* Summit Hotel Properties ( INN ) anticipates 2025 capital expenditures of $60 mln to $65 mln

* Company sees long-term positive fundamentals despite near-term volatility

Result Drivers

* REVPAR INDEX GROWTH - Co increased its RevPAR index by 140 basis points to ~116% despite reduced government demand and slower international travel

* COST MANAGEMENT - Disciplined cost management resulted in operating expenses increasing less than 2% during the quarter

* ASSET SALES - Completed sale of two hotels for $39 mln, contributing to capital recycling strategy and strengthening balance sheet

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $177.11 $178.53

Revenue mln mln (5

Analysts

)

Q3 EPS -$0.11

Q3 Net -$11.30

Income mln

Q3 $0.17

Adjusted

FFO Per

Share

Q3 FFO $0.13

Per

Share

Q3 Hotel 30.60%

EBITDA

Margin

Q3 $116.57

RevPAR

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the specialized reits peer group is "hold"

* Wall Street's median 12-month price target for Summit Hotel Properties Inc ( INN ) is $5.75, about 9.2% above its November 3 closing price of $5.22

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)