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
DateValue
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