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Summit Hotel Properties INN Food and beverage — Cost of Goods Sold
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Where this comes from
Reported directly by Summit Hotel Properties in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
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 item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total revenues | 199,019 | 192,917 | 384,072 | 377,395 |
| Expenses: | ||||
| Room | 39,352 | 39,166 | 75,699 | 75,298 |
| Food and beverage | 8,480 | 8,388 | 17,000 | 16,379 |
| Other lodging property operating expenses | 60,671 | 58,943 | 119,321 | 115,865 |
| Property taxes, insurance and other | 13,571 | 13,706 | 27,455 | 27,017 |
| Management fees | 4,366 | 4,411 | 8,587 | 8,906 |
| Depreciation and amortization | 36,413 | 37,259 | 73,187 | 74,489 |
Item 1. Financial Statements
FAQ
- What is Summit Hotel Properties's food and beverage — cost of goods sold?
- Summit Hotel Properties (INN) reported food and beverage — cost of goods sold of $8.48M in Q2 2026.
- How has Summit Hotel Properties's food and beverage — cost of goods sold changed year-over-year?
- Summit Hotel Properties's food and beverage — cost of goods sold increased by 1.1% year-over-year, from $8.39M to $8.48M.
- What is the long-term trend for Summit Hotel Properties's food and beverage — cost of goods sold?
- Over 4 years (2021 to 2025), Summit Hotel Properties's food and beverage — cost of goods sold has grown at a 61.4% compound annual growth rate (CAGR), from $4.86M to $32.93M.
- What does food and beverage — cost of goods sold mean?
- This metric captures the direct costs associated with producing and delivering food and beverage offerings, including the cost of ingredients, beverages, and direct labor required for service. It is a critical measure for evaluating the operational efficiency and profit margins of the company's dining amenities. Investors use this to monitor cost control and the impact of inflationary pressures on the profitability of non-room revenue streams.
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