Summit Hotel Properties(INN) - 2023 Q4 - Earnings Call Transcript

Other non-rooms revenue increased as a result of successful parking contract renegotiations, increased resort fee capture and various other opportunistic strategies that were deployed. Growth in the NewcrestImage portfolio which we have now owned for approximately two years continues to be a key driver of our results as full year 2023 RevPAR increased a robust 13%, driving a 15% increase in hotel EBITDA. Group and Negotiated demand were again the primary drivers of our top line growth which generated RevPAR ...