Summit Hotel Properties (INN) Tax Rate (2016 - 2025)
Historic Tax Rate for Summit Hotel Properties (INN) over the last 16 years, with Q3 2025 value amounting to 2.91%.
- Summit Hotel Properties' Tax Rate rose 132000.0% to 2.91% in Q3 2025 from the same period last year, while for Sep 2025 it was 55.21%, marking a year-over-year increase of 358300.0%. This contributed to the annual value of 29.0% for FY2024, which is 179500.0% down from last year.
- As of Q3 2025, Summit Hotel Properties' Tax Rate stood at 2.91%, which was up 132000.0% from 36.64% recorded in Q2 2025.
- Over the past 5 years, Summit Hotel Properties' Tax Rate peaked at 108.52% during Q4 2024, and registered a low of 31.75% during Q3 2023.
- In the last 5 years, Summit Hotel Properties' Tax Rate had a median value of 5.78% in 2024 and averaged 12.3%.
- Data for Summit Hotel Properties' Tax Rate shows a peak YoY increase of 1139700bps (in 2024) and a maximum YoY decrease of -418100bps (in 2024) over the last 5 years.
- Over the past 5 years, Summit Hotel Properties' Tax Rate (Quarter) stood at 3.55% in 2021, then surged by 322bps to 7.9% in 2022, then plummeted by -169bps to 5.45% in 2023, then skyrocketed by 2091bps to 108.52% in 2024, then plummeted by -97bps to 2.91% in 2025.
- Its Tax Rate was 2.91% in Q3 2025, compared to 36.64% in Q2 2025 and 54.76% in Q1 2025.