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
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 |