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AUSTIN-Summit Hotel Properties’ Q1 earnings could be summed up by one word: Increases. During the period, the local REIT’s pro forma revenue per available room increased 7.7% year-over-year to $77.44, while adjusted earnings before interest, taxes, depreciation and amortization increased to $18.9 million from $10.6 million from the same time last year – or 78.9%.

Speaking of the REIT’s EBITDA:

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