Summit Hotel Properties Sees FY Adjusted FFO at $0.85–$0.89 Per Share
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10:03:41 PM UTC
SquawkNews
Summit Hotel Properties reported third-quarter 2026 operating income of $16.3 million, up 90.3% year over year, while revenue was $185.7 million. Adjusted EBITDAre rose 11.8% to $43.9 million, and adjusted FFO was $0.20 per diluted share. The company raised its full-year outlook for RevPAR growth…