News | Summit Hotel Properties expects improved performance after first quarter

NodeGuardian · 2026-03-18T23:27:36+00:00

Summit Hotel Properties struggled in 2025 due to declining demand and performance metrics. However, it expects improvement in 2026, aided by the World Cup, forecasting modest RevPAR growth and adjusted EBITDA between $167 million and $181 million.

NodeGuardian

2026-03-18 23:27:36

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Summit Hotel Properties faced significant headwinds in 2025, including a drop in international inbound and government demand, leading to declines in RevPAR, ADR, and occupancy. While the first quarter of 2026 is still challenged by these factors and weather events, the REIT anticipates improved performance for the rest of the year, particularly due to the World Cup being hosted in six of its markets. The company projects pro forma RevPAR growth between flat and 3% and adjusted EBITDA for real estate between $167 million and $181 million for 2026.

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