Summit Hotel Properties (INN-PF) Asset Writedowns and Impairment (2013 - 2026)

Summit Hotel Properties (INN-PF) recorded quarterly Asset Writedowns and Impairment of $3.6 million in Q1 2026, up 160.07% quarter-over-quarter from $1.4 million in Q4 2023.

Summit Hotel Properties (INN-PF) Asset Writedowns and Impairment (2013 - 2026) Analysis & Trends

Summit Hotel Properties' Asset Writedowns and Impairment history runs 9 years deep, the most recent figure standing at $3.6 million for Q1 2026.

  • In Q1 2026, Asset Writedowns and Impairment changed N/A year-over-year to $3.6 million; the TTM figure through Mar 2026 stood at $15.5 million (up 30.8% YoY), while the FY2025 annual figure was $1.8 million, down 72.74% from the prior year.
  • Asset Writedowns and Impairment was $3.6 million for Q1 2026 at Summit Hotel Properties, up from $1.4 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $10.4 million in Q4 2022 to a low of $1.4 million in Q4 2023.
  • Historically, Asset Writedowns and Impairment has averaged $5.2 million across 3 years, with a median of $3.6 million in 2026.
  • Biggest YoY gain for Asset Writedowns and Impairment was 86.56% in 2023; the steepest drop was 86.56% in 2023.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $10.4 million in 2022, then tumbled by 86.56% to $1.4 million in 2023, then surged by 160.07% to $3.6 million in 2026.
  • The last three Asset Writedowns and Impairment figures came in at $3.6 million (Q1 2026), $1.4 million (Q4 2023), and $10.4 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryman Hospitality Properties 7.50 Bn 7.12 Bn 290.28 Mn
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn -
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn
10 Summit Hotel Properties - - 148.71 Mn

Historic Data

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DateValue
Mar 31, 2026 3.64 Mn
Mar 31, 2026 3.64 Mn
Dec 31, 2023 1.40 Mn
Dec 31, 2023 1.40 Mn
Dec 31, 2022 10.42 Mn
Dec 31, 2022 10.42 Mn
Sep 30, 2021 4.36 Mn
Sep 30, 2021 4.36 Mn
Dec 31, 2020 1.02 Mn
Dec 31, 2020 1.02 Mn
Mar 31, 2020 782,000.00
Mar 31, 2020 782,000.00
Dec 31, 2019 836,000.00
Dec 31, 2019 836,000.00
Jun 30, 2019 1.69 Mn
Jun 30, 2019 1.69 Mn
Dec 31, 2018 1.08 Mn
Dec 31, 2018 1.08 Mn
Sep 30, 2014 8.19 Mn
Sep 30, 2014 8.19 Mn