Summit Hotel Properties (INN-PF) Operating Expenses (2013 - 2026)
Summit Hotel Properties (INN-PF) recorded quarterly Operating Expenses of $170.9 million in Q1 2026, up 2.27% quarter-over-quarter from $167.1 million in Q4 2025, and up 3.78% on a YoY basis from $164.7 million in Q1 2025.
Summit Hotel Properties (INN-PF) Operating Expenses (2013 - 2026) Analysis & Trends
Summit Hotel Properties' Operating Expenses history runs 14 years deep, the most recent figure standing at $170.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.78% year-over-year to $170.9 million; the TTM figure through Mar 2026 stood at $676.6 million (up 2.96% YoY), while the FY2025 annual figure was $670.4 million, up 2.0% from the prior year.
- Operating Expenses was $170.9 million for Q1 2026 at Summit Hotel Properties, up from $167.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $177.0 million in Q4 2023 to a low of $141.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $164.9 million across 5 years, with a median of $165.4 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 69.82% in 2022, then decreased 6.58% in 2024.
- A 5-year view of Operating Expenses shows it stood at $165.4 million in 2022, then increased by 7.0% to $177.0 million in 2023, then decreased by 6.58% to $165.4 million in 2024, then climbed by 1.04% to $167.1 million in 2025, then advanced by 2.27% to $170.9 million in 2026.
- The last three Operating Expenses figures came in at $170.9 million (Q1 2026), $167.1 million (Q4 2025), and $168.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | 224.99 Mn |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 170.88 Mn |
| 10 | Summit Hotel Properties | - | - | 148.71 Mn | 170.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.88 Mn |
| Dec 31, 2025 | 167.08 Mn |
| Sep 30, 2025 | 168.48 Mn |
| Jun 30, 2025 | 170.15 Mn |
| Mar 31, 2025 | 164.65 Mn |
| Dec 31, 2024 | 165.37 Mn |
| Sep 30, 2024 | 161.07 Mn |
| Jun 30, 2024 | 166.04 Mn |
| Mar 31, 2024 | 164.73 Mn |
| Dec 31, 2023 | 177.01 Mn |
| Sep 30, 2023 | 165.32 Mn |
| Jun 30, 2023 | 170.73 Mn |
| Mar 31, 2023 | 164.18 Mn |
| Dec 31, 2022 | 165.43 Mn |
| Sep 30, 2022 | 161.02 Mn |
| Jun 30, 2022 | 160.64 Mn |
| Mar 31, 2022 | 141.15 Mn |
| Dec 31, 2021 | 108.47 Mn |
| Sep 30, 2021 | 105.66 Mn |
| Jun 30, 2021 | 98.18 Mn |