Summit Hotel Properties (INN) Construction in Progress (2012 - 2018)

Summit Hotel Properties (INN) recorded quarterly Construction in Progress of $28.3 million in Q1 2018, up 18.8% quarter-over-quarter from $23.8 million in Q4 2017, and up 258.35% on a YoY basis from $7.9 million in Q1 2017.

Summit Hotel Properties (INN) Construction in Progress (2012 - 2018) Analysis & Trends

Summit Hotel Properties' Construction in Progress history runs 5 years deep, the most recent figure standing at $28.3 million for Q1 2018.

  • In Q1 2018, Construction in Progress rose 258.35% year-over-year to $28.3 million; the TTM figure through Mar 2018 stood at $28.3 million (up 258.35% YoY), while the FY2017 annual figure was $23.8 million, changed N/A from the prior year.
  • Construction in Progress was $28.3 million for Q1 2018 at Summit Hotel Properties, up from $23.8 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $28.3 million in Q1 2018 to a low of $90000.0 in Q1 2014.
  • Historically, Construction in Progress has averaged $9.2 million across 4 years, with a median of $4.1 million in 2015.
  • The sharpest annual moves came in 2015 and 2018: Construction in Progress surged 254.44% in 2015, then surged 258.35% in 2018.
  • A 4-year view of Construction in Progress shows it stood at $253000.0 in 2014, then gained by 26.09% to $319000.0 in 2015, then soared by 7358.62% to $23.8 million in 2017, then climbed by 18.8% to $28.3 million in 2018.
  • The last three Construction in Progress figures came in at $28.3 million (Q1 2018), $23.8 million (Q4 2017), and $18.8 million (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 201.00 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 Chatham Lodging Trust 558.19 Mn 571.00 Mn 67.74 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2018 28.27 Mn
Dec 31, 2017 23.79 Mn
Sep 30, 2017 18.75 Mn
Jun 30, 2017 12.67 Mn
Mar 31, 2017 7.89 Mn
Mar 31, 2015 319,000.00
Dec 31, 2014 253,000.00
Sep 30, 2014 186,000.00
Jun 30, 2014 160,000.00
Mar 31, 2014 90,000.00
Dec 31, 2012 10.30 Mn