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  "documentTitle": "Summit Hotel Properties | Results Presentation Deck | 32 slides",
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  "authorName": "Summit Hotel Properties",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
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  "pageNumber": 19,
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      "text": "(1) Unaudited pro forma information includes operating results for 100 hotels owned as of December 31, 2023, as if all such hotels had been owned by the Company since January 1, 2022. For any 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 the date the Acquired Hotels were purchased by the Company (the \"Pre-acquisition Period\"). The financial results for the Pre-acquisition Period were 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 periods of the prior years and are not indicative of future results.",
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      "text": "Pro Forma (100) Hotels - 2023 (1)\nOccupancy\nADR\nRevPAR\nQ1\n69.6%\n$ 174.96\n$ 121.83\nQ2\n75.5%\n$ 168.75\n$ 127.48\nQ3\n73.4%\n$ 159.69\n$ 117.25\nOct\n77.0%\n$ 176.53\n$ 135.88\nNov\n70.8%\n$ 158.91\n$ 112.47\nDec\n63.3%\n$ 148.02\n$ 93.73\nQ4\n70.4%\n$ 162.10\n$ 114.05\nFYE\n72.2%\n$ 166.27\n$ 120.12",
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      "text": "2022 Variance\nOccupancy change vs 2022\nADR change vs 2022\nRevPAR change vs 2022\n7.5%\n11.2%\n19.5%\n1.6%\n1.9%\n3.5%\n2.6%\n-0.2%\n2.4%\n1.2%\n2.1%\n3.3%\n2.9%\n0.4%\n3.3%\n3.5%\n-1.6%\n1.9%\n2.4%\n0.4%\n2.9%\n3.4%\n3.1%\n6.6%",
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