What is Summit Hotel Properties's assets held for sale?

Summit Hotel Properties (INN) reported assets held for sale of $18.41M in Q1 2026.

What is the long-term trend for Summit Hotel Properties's assets held for sale?

Over 5 years (2020 to 2025), Summit Hotel Properties's assets held for sale has grown at a 94.9% compound annual growth rate (CAGR), from $425K to $11.97M.

What does assets held for sale mean?

Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.

Summit Hotel Properties INN Assets Held for Sale

Assets Held for Sale at other companies

Host Hotels & ResortsHST

$9M—

Apple HospitalityAPLE

$8.35M-25.4%

Park Hotels & Resorts Inc.PK

$0—

Pursuit Attractions and Hospitality, Inc.PRSU

$122.82M—

Service Properties TrustSVC

$75.48M-91.3%

Segments

By geography

See full

Dallas (Arlington South), TX$18.41M—

Longview, TX$0—

Other financials

Income statement

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Revenue$185.1M+0.3%

Operating income$14.1M-28.7%

Net income-$5.9M-1,049%

EPS (diluted)-$0.10-150%

Balance sheet

See full

Cash & equivalents$50.4M-10.5%

Total debt$1.4B-1.5%

Total equity$840.4M-8.7%

Total assets$2.8B-4.9%

Cash flow

See full

Operating cash flow$28.1M+8.7%

CapEx$11.9M-24.1%

Free cash flow$16.2M+59.6%

Valuation

See full

Market cap$741.22M+35.6%

Enterprise value$2.11B+9.2%

P/S1×+0.3×

Profitability

See full

Gross margin36.8%—

Operating margin8.2%-5.5pp

Net margin-2.5%-6.9pp

FCF margin10.9%+0.3pp

Returns & leverage

See full

Return on equity-2.1%-5.6pp

Debt / equity1.7×+0.1×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperation.

The official record: Summit Hotel Properties’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Hotel Properties's assets held for sale?: Summit Hotel Properties (INN) reported assets held for sale of $18.41M in Q1 2026.
What is the long-term trend for Summit Hotel Properties's assets held for sale?: Over 5 years (2020 to 2025), Summit Hotel Properties's assets held for sale has grown at a 94.9% compound annual growth rate (CAGR), from $425K to $11.97M.
What does assets held for sale mean?: Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.