Summit Hotel Properties (INN) Asset Writedowns and Impairment (2013 - 2026)
Summit Hotel Properties (INN) posted quarterly Asset Writedowns and Impairment of $3.6 million for 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.
- 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 $25.4 million (up 16.76% YoY), while the FY2025 annual figure was $1.8 million, down 72.74% from the prior year.
- Asset Writedowns and Impairment for Q1 2026 stood at $3.6 million, down from $11.3 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $11.3 million in Q4 2023, with the low 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.
- Peak annual rise in Asset Writedowns and Impairment reached 8.45% in 2023, while the deepest fall reached 8.45% in 2023.
- Summit Hotel Properties' Asset Writedowns and Impairment stood at $10.4 million in 2022, then increased by 8.45% to $11.3 million in 2023, then tumbled by 67.78% to $3.6 million in 2026.
- Business Quant data shows INN's Asset Writedowns and Impairment at $3.6 million in Q1 2026, $11.3 million in Q4 2023, and $10.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.75 Bn | 364.88 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 174.97 Mn |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.91 Bn | 232.00 Mn |
| 4 | DiamondRock Hospitality | 2.63 Bn | 2.52 Bn | 123.23 Mn |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.89 Bn | 242.17 Mn |
| 6 | Pebblebrook Hotel Trust | 2.08 Bn | 1.82 Bn | 154.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.79 Bn | 1.68 Bn | 97.24 Mn |
| 8 | RLJ Lodging Trust | 1.72 Bn | 784.56 Mn | - |
| 9 | Service Properties Trust | 1.03 Bn | 1.02 Bn | 156.32 Mn |
| 10 | Summit Hotel Properties | 646.42 Mn | 609.49 Mn | 138.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |