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  "presentationDate": "2023-06-01 00:00:00",
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      "text": "SUMMIT HOTEL PROPERTIES",
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      "text": "Residence Inn - Steamboat Springs",
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      "text": "2. All pro forma information includes operating & financial results for 103 lodging assets owned as of May 3, 2023, as if each property had been owned by the Company since January 1, 2022, and will continue to be owned through the entire year ending Dec 31, 2023. As a result, the pro forma information includes operating & financial results for lodging assets acquired since Jan 1, 2022, which may include periods prior to the Company's ownership. Pro forma & non-GAAP financial measures are unaudited.",
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      "text": "1. Based on the Company's mid-point growth expectation of 8.5%. Total U.S. forecast based off CBRE Q1 2023 published forecast. Upscale Chain Scale based off CBRE Q1 2023 published forecast.",
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      "text": "Full Year 2023\nLow\nHigh\nPro Forma RevPAR (2)\n$117.50\n$123.00\nPro Forma RevPAR Growth\n6.00%\n11.00%\nAdjusted EBITDA\n$190,400\n$205,900\nAdjusted FFO\n$112,100\n$128,100\nAdjusted FFO per Diluted Unit\n$0.92\n$1.05\nCapital Expenditures, Pro Rata\n$60,000\n$80,000",
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