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  "documentTitle": "Summit Hotel Properties | Results Presentation Deck | 33 slides",
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  "authorName": "Summit Hotel Properties",
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  "presentationDate": "2023-02-01 00:00:00",
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      "text": "(1) Unaudited pro forma information includes operating results for 103 hotels owned as of December 31, 2022, as if all such hotels had been owned by the Company since January 1, 2022. For hotels acquired by the Company after January 1, 2022 (the \"Acquired Hotels\"), the Company has included in the pro forma information the financial results of each of the Acquired Hotels for the period from January 1, 2022, to December 31, 2022. The financial results for the Acquired Hotels include information provided by the third-party owner of such Acquired Hotel prior to purchase by the Company and have not been audited or reviewed by our auditors or adjusted by us. The pro forma information is included to enable comparison of results for the current reporting period to results for the comparable period of the prior year and are not indicative of future results.",
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      "text": "Actual Statistics\nRooms sold 843,066 1,025,340 1,010,996 963,151 3,842,553\nRooms available 1,313,661 1,382,673 1,409,716 1,410,358 5,516,408\nOccupancy 64.2% 74.2% 71.7% 68.3% 69.7%\nADR $ 152.79 $ 162.68 $ 158.39 $ 159.50 $ 158.58\nRevPAR $ 98.05 $ 120.64 $ 113.59 $ 108.92 $ 110.46",
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      "text": "Pro Forma Operating Data (1)\nQ1 Q2 Q3 Q4 For the Year Ended December 31, 2022\nPro forma room revenue $ 135,262 $ 169,519 $ 160,503 $ 153,767 $ 619,051\nPro forma other hotel operations revenue 15,024 18,263 18,134 18,710 70,131\nPro forma total revenues 150,286 187,782 178,637 172,477 689,182\nPro forma total hotel operating expenses 100,696 116,910 117,301 110,335 445,242\nPro forma hotel EBITDA $ 49,590 $ 70,872 $ 61,336 $ 62,142 $ 243,940\nPro forma hotel EBITDA Margin 33.0% 37.7% 34.3% 36.0% 35.4%",
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      "text": "Pro Forma Statistics (1)\nRooms sold 876,489 1,034,603 1,011,675 963,342 3,886,109\nRooms available 1,365,325 1,395,182 1,410,544 1,410,583 5,581,634\nOccupancy 64.2% 74.2% 71.7% 68.3% 69.6%\nADR $ 154.32 $ 163.85 $ 158.65 $ 159.62 $ 159.30\nRevPAR $ 99.07 $ 121.50 $ 113.79 $ 109.01 $ 110.91",
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      "text": "Summary Pro Forma Operating Results (Unaudited)",
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