{
  "docId": "019de516-b6b8-7242-bff9-c0caa8b089f8",
  "docSlug": "aba562e1e5f219a736cfb6a383fb8263",
  "documentTitle": "Summit Hotel Properties | Results Presentation Deck | 33 slides",
  "authorId": "summit-hotel-properties",
  "authorName": "Summit Hotel Properties",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 7,
  "pageCount": 33,
  "prevPage": 6,
  "nextPage": 8,
  "slideType": "kpi_overview",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 72,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de516-b6b8-7242-bff9-c0caa8b089f8/7",
  "deckHref": "/decks/019de516-b6b8-7242-bff9-c0caa8b089f8",
  "deckJsonHref": "/decks/019de516-b6b8-7242-bff9-c0caa8b089f8.json",
  "deckAnchorHref": "/decks/019de516-b6b8-7242-bff9-c0caa8b089f8#slide-7",
  "components": [
    {
      "bbox": {
        "h": 0.045,
        "w": 0.118,
        "x": 0.847,
        "y": 0.93
      },
      "kind": "image",
      "text": "SUMMIT HOTEL PROPERTIES",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99fa9f14-a385-4236-aae9-3112ce7a8d0f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.76,
        "x": 0.071,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "(2) Unless stated otherwise in this presentation, all pro forma information includes operating and financial results for 101 hotels owned as of June 30, 2023, as if each hotel had been owned by the Company since January 1, 2022 and remained open for the entirety of the measurement period. As a result, all pro forma information includes operating and financial results for hotels acquired since January 1, 2022, which may include periods prior to the Company's ownership. Pro forma and non-GAAP financial measures are unaudited.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "44ac1657-2aee-4b87-b52f-df19f44dec1c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.76,
        "x": 0.071,
        "y": 0.899
      },
      "kind": "source-note",
      "text": "(1) See tables later in this presentation for a discussion and reconciliation of net loss to non-GAAP financial measures, including earnings before interest, taxes, depreciation, and amortization (\"EBITDA\"), EBITDAre, adjusted EBITDAre, funds from operations (\"FFO\"), FFO per diluted share and unit, adjusted FFO (\"AFFO\"), and AFFO per diluted share and unit, as well as a reconciliation of operating income (loss) to hotel EBITDA. See \"Non-GAAP Financial Measures\" at the end of this presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4ba13345-7fe2-4653-9e2f-d96a4b69c899",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.013,
        "w": 0.76,
        "x": 0.071,
        "y": 0.999
      },
      "kind": "source-note",
      "text": "(3) All same store information includes 95 hotels owned as of June 30, 2023, with operating and financial results for the three months ended June 30, 2023 and 2022.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7d85bc4b-5977-4361-be00-526f004e7021",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.159,
        "w": 0.73,
        "x": 0.138,
        "y": 0.701
      },
      "kind": "table",
      "text": "Same Store (3): RevPAR ($126.89) ($122.59); RevPAR Growth (3.6%) (10.6%); Hotel EBITDA ($68,184) ($127,449); Hotel EBITDA margin (37.1%) (36.1%); Hotel EBITDA margin growth (-138 bps) (-11 bps)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2162cb41-d728-421c-8dec-7006cd6420b3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.326,
        "w": 0.73,
        "x": 0.138,
        "y": 0.152
      },
      "kind": "table",
      "text": "Net (loss) income attributable to common stockholders ($753) ($5,981); Net (loss) income per diluted share ($0.01) ($0.06); Total revenues ($194,493) ($376,876); EBITDAre ($61,602) ($116,942); Adjusted EBITDAre ($52,896) ($97,331); FFO ($27,847) ($49,923); Adjusted FFO ($33,151) ($59,411); FFO per diluted share and unit ($0.23) ($0.41); Adjusted FFO per diluted share and unit ($0.27) ($0.49)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "45bf9572-a04f-4f70-a8bf-b6bbd1629d83",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.159,
        "w": 0.73,
        "x": 0.138,
        "y": 0.515
      },
      "kind": "table",
      "text": "Pro Forma (2): RevPAR ($127.06) ($124.20); RevPAR Growth (3.5%) (10.6%); Hotel EBITDA ($71,117) ($136,240); Hotel EBITDA margin (36.6%) (36.1%); Hotel EBITDA margin growth (-155 bps) (-29 bps)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6e53d280-d295-4f42-acc7-20c4af67afc8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.029,
        "w": 0.49,
        "x": 0.045,
        "y": 0.05
      },
      "kind": "title",
      "text": "Summary Financial Results (Unaudited)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ee1a578f-3dc1-4b85-aca8-2cf32ceb3a81",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "29dfe404-6167-4103-bae0-f45215cd8648",
      "evidence": "table/data: Net (loss) income attributable to common stockholders ($753) ($5,981);",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 7,
      "beatId": "5d0bed57-c832-4482-82c1-410c92f82b07",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Detailed financial results and reconciliations",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}