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  "documentTitle": "Summit Hotel Properties | Results Presentation Deck | 33 slides",
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  "presentationDate": "2023-02-01 00:00:00",
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      "text": "SUMMIT\nHOTEL PROPERTIES",
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      "text": "Full Year 2022",
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      "text": "(1) Non-cash interest income relates to the amortization of the discount on certain notes receivable. The discount on these notes receivable was recorded at inception of the related loans based on the\nestimated value of the embedded purchase options in the notes receivable.\n(2) GIC Joint Venture is 51% owned by Summit while Other Joint Ventures are 90% owned by Summit.",
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      "text": "Rooms sold\nRooms available\nOccupancy\nADR\nRevPAR\nRoom revenue\nOther revenue\nTotal revenue\nHotel EBITDA\n% margin\nNet (loss) income\nDepreciation and amortization\nInterest expense\nInterest income\nIncome tax (benefit) expense\nEBITDA\nLoss on write down or impairment of assets\nLoss (gain) on disposal of assets, net\nEBITDAre\nRecoveries of credit losses\nAmortization of lease-related intangible assets\nAmortization of key money liabilities\nEquity-based compensation\nTransaction costs\nDebt transaction costs\nNon-cash interest income (1)\nNon-cash lease expense, net\nCasualty losses (recoveries), net\nSpecial allocation related to sale of joint venture asset\nOther\nAdjusted EBITDAre",
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      "text": "Reconciliation to Adjusted EBITDAre – By Ownership Interest (Unaudited)",
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