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Summit Hotel Properties INN Assets Held for Sale

Assets Held for Sale at other companies

Host Hotels & Resorts logo
Host Hotels & ResortsHST
$0
Apple Hospitality logo
Apple HospitalityAPLE
$8.35M-25.4%
PK
Park Hotels & Resorts Inc.PK
$13M
Service Properties Trust logo
Service Properties TrustSVC
$121.98M-85.6%

Segments

By geography

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Dallas (Arlington South), TX$18.41M
Longview, TX$0

Other financials

Income statement

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Revenue$199.0M+3.2%
Operating income$28.9M+27.3%
Net income$9.7M+378%
EPS (diluted)$0.04+300%

Balance sheet

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Cash & equivalents$42.5M-11.9%
Total debt$1.4B-3.8%
Total equity$838.9M-6.3%
Total assets$2.7B-4.9%

Cash flow

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Operating cash flow$55.3M+13.3%
CapEx$11.7M-38.0%
Free cash flow$43.7M+45.6%

Valuation

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Market cap$669.77M+21.2%
Enterprise value$2.02B+3.5%
P/S0.9×+0.1×

Profitability

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Gross margin36.8%
Operating margin9%-0.1pp
Net margin-1.4%-1.4pp
FCF margin12.7%+2.0pp

Returns & leverage

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Return on equity-1.2%-1.2pp
Debt / equity1.7×0.0×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperation.

The source filing: Summit Hotel Properties’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001497645-26-000064
Line itemJune 30, 2026December 31, 2025
(Unaudited)
ASSETS
Investments in lodging property, net$2,570,706$2,640,367
Assets held for sale, net18,41311,967
Cash and cash equivalents36,93336,110
Restricted cash5,5315,102
Right-of-use assets, net31,66232,028
Trade receivables, net22,21317,347

Item 1. Financial Statements

FAQ

What is Summit Hotel Properties's assets held for sale?
Summit Hotel Properties (INN) reported assets held for sale of $18.41M in Q2 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.

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