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

Summit Hotel Properties' (INN) quarterly Asset Writedowns and Impairment came in at $3.6 million in Q1 2026, down 67.78% quarter-over-quarter from $11.3 million in Q4 2023.

Summit Hotel Properties (INN) 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.

  • On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $3.6 million in Q1 2026; TTM through Mar 2026 was $25.4 million, a 16.76% increase from a year earlier, with the FY2025 full-year figure at $1.8 million, down 72.74% from the prior year.
  • Asset Writedowns and Impairment retreated to $3.6 million in Q1 2026 per INN's latest filing, from $11.3 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $11.3 million in Q4 2023 and bottomed at $3.6 million in Q1 2026.
  • The 3-year median for Asset Writedowns and Impairment is $10.4 million (2022), against an average of $8.5 million.
  • Biggest YoY gain for Asset Writedowns and Impairment was 8.45% in 2023; the steepest drop was 8.45% in 2023.
  • Year by year, Asset Writedowns and Impairment stood at $10.4 million in 2022, then rose by 8.45% to $11.3 million in 2023, then slumped by 67.78% to $3.6 million in 2026.
  • Per Business Quant, the three latest INN Asset Writedowns and Impairment figures stand at $3.6 million (Q1 2026), $11.3 million (Q4 2023), and $10.4 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn
10 Summit Hotel Properties 730.53 Mn 1.08 Bn 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 11.30 Mn
Dec 31, 2023 11.30 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 977,000.00
Dec 31, 2020 977,000.00
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