What is Summit Hotel Properties's guestrooms sold?

Summit Hotel Properties (INN) reported guestrooms sold of 127 in Q1 2024.

Summit Hotel Properties INN Guestrooms sold

Discontinued — last reported Q1 '24

Segments

By geography

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Dallas (Arlington South), TX103—

Other financials

Income statement

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Revenue$185.1M+0.3%

Operating income$14.1M-28.7%

Net income-$5.9M-1,049%

EPS (diluted)-$0.10-150%

Balance sheet

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Cash & equivalents$50.4M-10.5%

Total debt$1.4B-1.5%

Total equity$840.4M-8.7%

Total assets$2.8B-4.9%

Cash flow

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Operating cash flow$28.1M+8.7%

CapEx$11.9M-24.1%

Free cash flow$16.2M+59.6%

Valuation

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Market cap$741.22M+35.6%

Enterprise value$2.11B+9.2%

P/S1×+0.3×

Profitability

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Gross margin36.8%—

Operating margin8.2%-5.5pp

Net margin-2.5%-6.9pp

FCF margin10.9%+0.3pp

Returns & leverage

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Return on equity-2.1%-5.6pp

Debt / equity1.7×+0.1×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept inn:SaleOfInvestmentPropertyNumberOfGuestroomsSold.

The official record: Summit Hotel Properties’s 10-Q, filed May 1, 2024, on SEC EDGAR. View the filing →

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What is Summit Hotel Properties's guestrooms sold?: Summit Hotel Properties (INN) reported guestrooms sold of 127 in Q1 2024.