Summit Hotel Properties Q4 Earnings Call Highlights

Both executives pointed to government and inbound international demand as a key drag. Stanner said those segments, which together represent about 10% to 15% of total room nights across the portfolio, declined around 20% on a blended basis during the quarter. Excluding government and international inbound segments, Stanner said fourth-quarter RevPAR increased roughly 60 basis points year over year.Conkling added that fourth-quarter pro forma RevPAR declined 1.8%, with occupancy down 0.7% and average daily ra ...