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

Summit Hotel Properties' (INN) quarterly Construction in Progress came in at $28.3 million in Q1 2018, up 258.35% year-on-year from $7.9 million in Q1 2017, and up 18.8% quarter-over-quarter from $23.8 million in Q4 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.

  • On a quarterly basis, Construction in Progress rose 258.35% year-over-year to $28.3 million in Q1 2018; TTM through Mar 2018 was $28.3 million, a 258.35% increase from a year earlier, with the FY2017 full-year figure at $23.8 million, changed N/A from the prior year.
  • Construction in Progress improved to $28.3 million in Q1 2018 per INN's latest filing, from $23.8 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $28.3 million in Q1 2018 and bottomed at $90000.0 in Q1 2014.
  • The 4-year median for Construction in Progress is $4.1 million (2015), against an average of $9.2 million.
  • Across the five-year window, Construction in Progress jumped 254.44% in 2015 and jumped 258.35% in 2018, its largest moves.
  • Year by year, Construction in Progress 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.
  • Per Business Quant, the three latest INN Construction in Progress figures stand at $28.3 million (Q1 2018), $23.8 million (Q4 2017), and $18.8 million (Q3 2017).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 201.00 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
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