Simon Property Group Business Segments — Marketing And Advertising Expense decreased by 0.0% to $35.82M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.0%, from $35.83M to $35.82M.
Strategic increases may drive higher occupancy, but excessive spending without revenue growth indicates poor marketing efficiency.
This metric tracks the costs incurred to promote the properties, attract new tenants, and drive foot traffic to retail c...
Commonly reported by retail-focused REITs to measure tenant acquisition and property promotion costs.
spg_segment_real_estate_marketing_and_advertising_expense| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $32.67M | $32.67M | $32.67M | $32.67M | $36.97M | $36.97M | $36.97M | $36.97M | $35.83M | $35.82M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.2% | +0.0% | +0.0% | +0.0% | -3.1% | -0.0% |
| YoY Change | — | — | — | — | +13.2% | +13.2% | +13.2% | +13.2% | -3.1% | -0.0% |