Summit Hotel Properties Q4 revenue slightly beats estimates

Summit Hotel Properties

25/02/2026 21:38

Overview

Hotel REIT's Q4 revenue slightly beat analyst expectations despite a net loss

Same store RevPAR decreased 1.6% in Q4 compared to last year

Company completed sale of three non-core hotels, generating over $51 mln

Outlook

Summit Hotel Properties expects full-year 2026 adjusted EBITDAre between $167 mln and $181 mln

Company anticipates 2026 adjusted FFO per share between $0.73 and $0.85

Summit Hotel Properties projects 2026 RevPAR growth between 0% and 3%

Result Drivers

DEMAND STABILIZATION - Co said demand stabilized across portfolio with sequential RevPAR growth despite lower international travel and reduced government demand

CAPITAL RECYCLING - Co continued capital recycling by selling non-core hotels, generating over $51 mln and reducing capital expenditures

Company press release: ID:nPn3sDxbRa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$174.96 mln
$174.13 mln (5 Analysts)
Q4 EPS
-$0.06
Q4 Net Income
-$5.97 mln
Q4 Adjusted FFO Per Share
$0.18
Q4 FFO Per Share
$0.16
Q4 Hotel EBITDA Margin
31.70%
Q4 RevPAR
$115.58


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 "buy."

Wall Street's median 12-month price target for Summit Hotel Properties Inc is $5.50, about 31.6% above its February 24 closing price of $4.18

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)