What is Summit Hotel Properties's impairment charges?

Summit Hotel Properties (INN) reported impairment charges of $3.64M in Q1 2026.

What is the long-term trend for Summit Hotel Properties's impairment charges?

Over 2 years (2021 to 2024), Summit Hotel Properties's impairment charges has grown at a -12.4% compound annual growth rate (CAGR), from $8.76M to $6.72M.

What does impairment charges mean?

Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

Summit Hotel Properties INN Impairment Charges

Impairment Charges at other companies

Park Hotels & Resorts Inc.PK

$5M-92.9%

Service Properties TrustSVC

$28.1M-24.2%

CorpayCPAY

$0-100%

Segments

By segment

See full

Reportable Segements$1.83M-72.7%

Other financials

Income statement

See full

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:AssetImpairmentCharges.

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 impairment charges?: Summit Hotel Properties (INN) reported impairment charges of $3.64M in Q1 2026.
What is the long-term trend for Summit Hotel Properties's impairment charges?: Over 2 years (2021 to 2024), Summit Hotel Properties's impairment charges has grown at a -12.4% compound annual growth rate (CAGR), from $8.76M to $6.72M.
What does impairment charges mean?: Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.