Summit Hotel Properties, Inc. (INN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and thank you for standing by. Welcome to the Summit Hotel Properties Inc. Q2 2025 conference call. At this time all participants are in the Sonomi mode. After the speakers presentation there'll be a question and answer session. To ask a question during the session you'll need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question please press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to turn the conference over to Kevin. You may begin. Thank you operator and good morning. I'm joined by Summit Hotel Properties President and Chief Executive Officer John Stanner and Executive Vice President and Chief Financial Officer Trey Conklin. Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties both known and unknown as described in our SEC filings. Forward-looking statements that we make today are effective only as of today August 6 2025 and we undertake no duty to update them later. You can find copies of our SEC filings in earnings release which contain reconciliation to non-GAAP financial measures referenced on this call on our website at .shpreet.com. Please welcome Summit Hotel Properties President and Chief Executive Officer John Stanner. Thanks Kevin and thank you all for joining us today for our second quarter 2025 earnings conference call. We were pleased with our overall execution in the second quarter despite what proved to be a challenging operating environment. Highlighted by our ability to continue to grow market share across our portfolio, manage operating expenses prudently, and strengthen our balance sheet th...