Summit Hotel Properties (INN) Leases (2019 - 2026)
Summit Hotel Properties (INN) recorded quarterly Leases of $31.6 million in Q1 2026, down 1.45% quarter-over-quarter from $32.0 million in Q4 2025, and down 4.03% on a YoY basis from $32.9 million in Q1 2025.
Summit Hotel Properties (INN) Leases (2019 - 2026) Analysis & Trends
Summit Hotel Properties' Leases history runs 8 years deep, the most recent figure standing at $31.6 million for Q1 2026.
- In Q1 2026, Leases fell 4.03% year-over-year to $31.6 million; the TTM figure through Mar 2026 stood at $31.6 million (down 4.03% YoY), while the FY2025 annual figure was $32.0 million, down 3.85% from the prior year.
- Leases was $31.6 million for Q1 2026 at Summit Hotel Properties, down from $32.0 million in the prior quarter.
- In the past five years, Leases ranged from a high of $35.7 million in Q1 2023 to a low of $31.5 million in Q2 2022.
- Historically, Leases has averaged $33.6 million across 5 years, with a median of $33.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Leases grew 29.99% in 2022, then retreated 5.0% in 2024.
- A 5-year view of Leases shows it stood at $35.0 million in 2022, then declined by 0.6% to $34.8 million in 2023, then declined by 4.32% to $33.3 million in 2024, then fell by 3.85% to $32.0 million in 2025, then declined by 1.45% to $31.6 million in 2026.
- The last three Leases figures came in at $31.6 million (Q1 2026), $32.0 million (Q4 2025), and $32.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 1.84 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 | 166.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 95.24 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 4.10 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 | - | 122.43 Mn |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 31.56 Mn |
| 10 | Chatham Lodging Trust | 558.19 Mn | 571.00 Mn | 67.74 Mn | 40.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.56 Mn |
| Dec 31, 2025 | 32.03 Mn |
| Sep 30, 2025 | 32.48 Mn |
| Jun 30, 2025 | 32.93 Mn |
| Mar 31, 2025 | 32.89 Mn |
| Dec 31, 2024 | 33.31 Mn |
| Sep 30, 2024 | 33.45 Mn |
| Jun 30, 2024 | 33.85 Mn |
| Mar 31, 2024 | 34.24 Mn |
| Dec 31, 2023 | 34.81 Mn |
| Sep 30, 2023 | 35.22 Mn |
| Jun 30, 2023 | 35.62 Mn |
| Mar 31, 2023 | 35.70 Mn |
| Dec 31, 2022 | 35.02 Mn |
| Sep 30, 2022 | 35.42 Mn |
| Jun 30, 2022 | 31.45 Mn |
| Mar 31, 2022 | 31.84 Mn |
| Dec 31, 2021 | 26.94 Mn |
| Sep 30, 2021 | 27.29 Mn |
| Jun 30, 2021 | 27.66 Mn |