Summit Hotel Properties (INN) Operating Leases (2019 - 2026)
Summit Hotel Properties (INN) has disclosed Operating Leases for 10 consecutive years, with $23.7 million as the latest value for Q1 2026.
- For Q1 2026, Operating Leases fell 3.4% year-over-year to $23.7 million; the TTM value through Mar 2026 reached $23.7 million, down 3.4%, while the annual FY2025 figure was $24.1 million, 3.14% down from the prior year.
- Operating Leases hit $23.7 million in Q1 2026 for Summit Hotel Properties, down 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.
- Average Operating Leases over 5 years is $24.8 million, with a median of $24.9 million recorded in 2024.
- Year-over-year, Operating Leases soared 47.89% in 2022 and then decreased 4.69% in 2024.
- Summit Hotel Properties' Operating Leases stood at $25.5 million in 2022, then rose by 1.4% to $25.8 million in 2023, then decreased by 3.76% to $24.9 million in 2024, then decreased by 3.14% to $24.1 million in 2025, then dropped by 1.42% to $23.7 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods came in at $23.7 million, $24.1 million, and $24.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.