Summit Hotel Properties (INN) Operating Leases (2014 - 2026)
Summit Hotel Properties (INN) posted Operating Leases of $24.0 million for Q2 2026, up 0.93% on a QoQ basis from $23.7 million in Q1 2026, and down 3.2% year-over-year from $24.8 million in Q2 2025.
Analysis
Summit Hotel Properties (INN) Operating Leases (2014 - 2026) Analysis & Trends
Summit Hotel Properties has reported Operating Leases for 10 years, with the latest figure at $24.0 million in Q2 2026.
- On a quarterly basis, Operating Leases fell 3.2% year-over-year to $24.0 million in Q2 2026; TTM through Jun 2026 was $24.0 million, a 3.2% decrease from a year earlier, with the FY2025 full-year figure at $24.1 million, down 3.14% from the prior year.
- Operating Leases was $24.0 million for Q2 2026 at Summit Hotel Properties, up from $23.7 million in the prior quarter.
- The five-year high for Operating Leases was $26.4 million in Q2 2023, with the low at $21.7 million in Q2 2022.
- Average Operating Leases over 5 years is $24.8 million, with a median of $24.9 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases soared 47.89% in 2022, then declined 4.69% in 2024.
- Over 5 years, Operating Leases stood at $25.5 million in 2022, then climbed by 1.4% to $25.8 million in 2023, then decreased by 3.76% to $24.9 million in 2024, then declined by 3.14% to $24.1 million in 2025, then fell by 0.5% to $24.0 million in 2026.
- The last three Operating Leases figures came in at $24.0 million (Q2 2026), $23.7 million (Q1 2026), and $24.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.80 Bn | 7.47 Bn | 364.88 Mn |
| 2 | Apple Hospitality REIT | 3.68 Bn | 3.67 Bn | 174.97 Mn |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.75 Bn | 232.00 Mn |
| 4 | DiamondRock Hospitality | 2.47 Bn | 2.37 Bn | 123.23 Mn |
| 5 | Sunstone Hotel Investors | 2.06 Bn | 1.85 Bn | 242.17 Mn |
| 6 | Pebblebrook Hotel Trust | 2.03 Bn | 1.86 Bn | 154.61 Mn |
| 7 | RLJ Lodging Trust | 1.66 Bn | 739.34 Mn | - |
| 8 | Xenia Hotels & Resorts | 1.66 Bn | 1.60 Bn | 97.24 Mn |
| 9 | Summit Hotel Properties | 623.40 Mn | 938.55 Mn | 138.35 Mn |
| 10 | Chatham Lodging Trust | 606.74 Mn | 635.57 Mn | 84.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.97 Mn |
| 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 |