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Summit Hotel Properties (INN) guidance and outlook
Summit Hotel Properties (INN) raised its guidance on Nov 3, 2026: Interest expense $2.4M for FY2026; EBITDA $181K for FY2026; FFO $102K for FY2026; FFO per share $0.85 for FY2026. Summit Hotel Properties' 10-Q filed Nov 3, 2026 makes 11 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Interest expense | FY2026 | $2.4M | new |
| EBITDA | FY2026 | $181K | new |
| FFO | FY2026 | $102K | new |
| FFO per share | FY2026 | $0.85 | new |
| Depreciation & amortization | FY2026 | $145K | new |
| EBITDA | FY2026 | $222K | new |
| FFO | FY2026 | $102K | new |
| FFO per share | FY2026 | $0.71 | new |
From the earnings release filed Nov 3, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 3, 2026
- Accordingly, there is no assurance that our expectations will be realized.
- We generally expect our corporate overhead expenses to remain consistent with the level of our operating activities and market conditions for goods and services.
- We have obtained financing through debt instruments having staggered maturities and intend to continue to do so in the future.
- We believe that we will have adequate liquidity to meet the requirements for scheduled maturities and principal repayments.
- However, we can provide no assurance that we will be able to refinance our indebtedness as it becomes due and, if refinanced, whether such refinancing will be available on favorable terms.
- We intend to distribute a sufficient amount of our taxable income to maintain our status as a REIT and to avoid tax on undistributed income.
- Because we anticipate distributing a substantial amount of our available cash from operations, if sufficient funds are not available to us from lodging property dispositions, our senior revolving credit and term loan facilities and other loans, we may need to raise additional capital to grow our business.
- At September 30, 2026, we and our GIC Joint Venture are in compliance with all of our loan agreements, and we believe we will be in compliance with these agreements for at least the next four quarters.
- We anticipate spending approximately $55 million to $65 million on capital expenditures on a pro rata basis during 2026.
- We expect to fund these expenditures through a combination of cash flows from operations and borrowings on our $400 Million Revolver, or other potential sources of capital, to the extent available to us.
- Like many companies in the hospitality industry, including certain of the major brand and franchise companies, we and certain of our third-party managers and franchisors have in the past experienced cybersecurity breaches and we expect cyberattacks and incidents to continue in varying degrees.
Summit Hotel Properties' latest quarter
Summit Hotel Properties, Q3 2026: revenue $186M (+5% year over year), operating margin 8.8%, net loss $5.2M, operating cash flow $48.3M. The chart follows the revenue to costs, profit and cash.
Questions
Did Summit Hotel Properties raise or lower its guidance?
Summit Hotel Properties (INN) raised its guidance on Nov 3, 2026: Interest expense $2.4M for FY2026; EBITDA $181K for FY2026; FFO $102K for FY2026; FFO per share $0.85 for FY2026.
What does Summit Hotel Properties expect?
Accordingly, there is no assurance that our expectations will be realized. We generally expect our corporate overhead expenses to remain consistent with the level of our operating activities and market conditions for goods and services. We have obtained financing through debt instruments having staggered maturities and intend to continue to do so in the future.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.