--- title: "SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2026 RESULTS" type: "News" locale: "en" url: "https://longbridge.com/en/news/295017007.md" description: "In the second quarter, the operating income saw a significant increase of 27.3% to reach $28.9 million. Additionally, the adjusted EBITDAre increased by 7.7% to $54.8 million. The pro forma revenue per available room (RevPAR) also witnessed a growth of 5.0% during this quarter, primarily driven by a strong average daily rate (ADR) increase of 7.1%. Furthermore, measures were taken to improve the financial standing, including the refinancing of a $650 million senior credit facility and the sale of certain assets." datetime: "2026-08-05T20:55:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295017007.md) - [en](https://longbridge.com/en/news/295017007.md) - [zh-HK](https://longbridge.com/zh-HK/news/295017007.md) generator: "portal-rs" --- # SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2026 RESULTS In the second quarter, the operating income saw a significant increase of 27.3% to reach $28.9 million. Additionally, the adjusted EBITDAre increased by 7.7% to $54.8 million. The pro forma revenue per available room (RevPAR) also witnessed a growth of 5.0% during this quarter, primarily driven by a strong average daily rate (ADR) increase of 7.1%. Furthermore, measures were taken to improve the financial standing, including the refinancing of a $650 million senior credit facility and the sale of certain assets. ### Related Stocks - [INN.US](https://longbridge.com/en/quote/INN.US.md) - [INN-F.US](https://longbridge.com/en/quote/INN-F.US.md) ## Related News & Research - [INN: Efficient operations, strategic growth, and disciplined capital drive strong performance and flexibility](https://longbridge.com/en/news/297561924.md) - [Summit Hotel Properties highlights portfolio RevPAR outperformance in investor presentation](https://longbridge.com/en/news/297560567.md) - [INN: Q2 2026 saw higher net income, revenue, and margins, with full-year guidance raised](https://longbridge.com/en/news/295013933.md) - [Summit Hotel Properties (INN) Q2 2026 Earnings Call Transcript](https://longbridge.com/en/news/295742598.md) - [Summit Hotel Q2 revenue edges past estimates on higher rates; forecast raised](https://longbridge.com/en/news/295015022.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**