Summit Hotel Properties (INN) Operating Expenses (2013 - 2026)
Summit Hotel Properties' (INN) quarterly Operating Expenses came in at $170.9 million in Q1 2026, up 3.78% year-on-year from $164.7 million in Q1 2025, and up 2.27% quarter-over-quarter from $167.1 million in Q4 2025.
Summit Hotel Properties (INN) Operating Expenses (2013 - 2026) Analysis & Trends
Summit Hotel Properties' Operating Expenses history runs 14 years deep, the most recent figure standing at $170.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 3.78% year-over-year to $170.9 million in Q1 2026; TTM through Mar 2026 was $676.6 million, a 2.96% increase from a year earlier, with the FY2025 full-year figure at $670.4 million, up 2.0% from the prior year.
- Operating Expenses advanced to $170.9 million in Q1 2026 per INN's latest filing, from $167.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $177.0 million in Q4 2023 and bottomed at $141.1 million in Q1 2022.
- The 5-year median for Operating Expenses is $165.4 million (2024), against an average of $164.9 million.
- Across the five-year window, Operating Expenses surged 69.82% in 2022 and dropped 6.58% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $165.4 million in 2022, then increased by 7.0% to $177.0 million in 2023, then decreased by 6.58% to $165.4 million in 2024, then climbed by 1.04% to $167.1 million in 2025, then advanced by 2.27% to $170.9 million in 2026.
- Per Business Quant, the three latest INN Operating Expenses figures stand at $170.9 million (Q1 2026), $167.1 million (Q4 2025), and $168.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | 312.17 Mn |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 365.33 Mn |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 170.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.88 Mn |
| Dec 31, 2025 | 167.08 Mn |
| Sep 30, 2025 | 168.48 Mn |
| Jun 30, 2025 | 170.15 Mn |
| Mar 31, 2025 | 164.65 Mn |
| Dec 31, 2024 | 165.37 Mn |
| Sep 30, 2024 | 161.07 Mn |
| Jun 30, 2024 | 166.04 Mn |
| Mar 31, 2024 | 164.73 Mn |
| Dec 31, 2023 | 177.01 Mn |
| Sep 30, 2023 | 165.32 Mn |
| Jun 30, 2023 | 170.73 Mn |
| Mar 31, 2023 | 164.18 Mn |
| Dec 31, 2022 | 165.43 Mn |
| Sep 30, 2022 | 161.02 Mn |
| Jun 30, 2022 | 160.64 Mn |
| Mar 31, 2022 | 141.15 Mn |
| Dec 31, 2021 | 108.47 Mn |
| Sep 30, 2021 | 105.66 Mn |
| Jun 30, 2021 | 98.18 Mn |