Summit Hotel Properties (INN) Operating Leases (2014 - 2026)
Summit Hotel Properties' (INN) quarterly Operating Leases came in at $23.7 million in Q1 2026, down 3.4% year-on-year from $24.6 million in Q1 2025, and down 1.42% quarter-over-quarter from $24.1 million in Q4 2025.
Summit Hotel Properties (INN) Operating Leases (2014 - 2026) Analysis & Trends
Summit Hotel Properties' Operating Leases history runs 10 years deep, the most recent figure standing at $23.7 million for Q1 2026.
- On a quarterly basis, Operating Leases fell 3.4% year-over-year to $23.7 million in Q1 2026; TTM through Mar 2026 was $23.7 million, a 3.4% decrease from a year earlier, with the FY2025 full-year figure at $24.1 million, down 3.14% from the prior year.
- Operating Leases slipped to $23.7 million in Q1 2026 per INN's latest filing, from $24.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $26.4 million in Q2 2023 and bottomed at $21.7 million in Q2 2022.
- The 5-year median for Operating Leases is $24.9 million (2024), against an average of $24.8 million.
- Across the five-year window, Operating Leases jumped 47.89% in 2022 and fell 4.69% in 2024, its largest moves.
- Year by year, Operating Leases stood at $25.5 million in 2022, then advanced by 1.4% to $25.8 million in 2023, then retreated by 3.76% to $24.9 million in 2024, then dropped by 3.14% to $24.1 million in 2025, then slipped by 1.42% to $23.7 million in 2026.
- Per Business Quant, the three latest INN Operating Leases figures stand at $23.7 million (Q1 2026), $24.1 million (Q4 2025), and $24.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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| Date | Value |
|---|---|
| Mar 31, 2026 | 23.75 Mn |
| Dec 31, 2025 | 24.09 Mn |
| Sep 30, 2025 | 24.42 Mn |
| Jun 30, 2025 | 24.76 Mn |
| Mar 31, 2025 | 24.58 Mn |
| Dec 31, 2024 | 24.87 Mn |
| Sep 30, 2024 | 24.88 Mn |
| Jun 30, 2024 | 25.16 Mn |
| Mar 31, 2024 | 25.41 Mn |
| Dec 31, 2023 | 25.84 Mn |
| Sep 30, 2023 | 26.10 Mn |
| Jun 30, 2023 | 26.38 Mn |
| Mar 31, 2023 | 26.31 Mn |
| Dec 31, 2022 | 25.48 Mn |
| Sep 30, 2022 | 25.75 Mn |
| Jun 30, 2022 | 21.72 Mn |
| Mar 31, 2022 | 22.05 Mn |
| Dec 31, 2021 | 17.23 Mn |
| Sep 30, 2021 | 17.53 Mn |
| Jun 30, 2021 | 17.82 Mn |