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
DateValue
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