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
Download Data| Date | Value |
|---|---|
| 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 |