Summit Hotel Properties Investor Presentation Deck
16
Summit's RevPAR Premium Drives Outperformance vs. Peers
As demand continues to broadly recover, Summit's RevPAR premium
to its competitive set has increased to near pre-pandemic levels,
resulting in $80 million of additional annualized revenue
Increasing RevPAR Premium (1)
$140
RevPAR
$120
$100
(1)
$80
$60
$40
$20
$14
Premium per Day
$0
$11
$110
APR 2022
$11
$108
MAY 2022
X
$11
$113
JUN 2022
365
Days per Year
$10
$104
JUL 2022
$14
$94
AUG 2022
X
Comp Set RevPAR
$12
$107
SEP 2022
15,334
Guestrooms
$13
$117
OCT 2022
$13
$95
NOV 2022
=
DINN RevPAR Premium
$80mm
of Additional Revenue
$10
$80
DEC 2022
$11
$86
JAN 2023
$12
$109
FEB 2023
$14
$123
MAR 2023
Based on pro forma RevPAR for the 103 lodging assets owned as of May 3, 2023. Comp set and RevPAR index is based on STR data for 102 lodging assets (excluding Onera Fredericksburg).
MANDIA
www
WA
Courtyard Pittsburgh Downtown
SUMMIT
HOTEL PROPERTIESView entire presentation