What is Summit Hotel Properties's asset write-downs?

Summit Hotel Properties (INN) reported asset write-downs of $3.64M in Q1 2026.

What is the long-term trend for Summit Hotel Properties's asset write-downs?

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

Summit Hotel Properties INN Asset write-downs

Asset write-downs at other companies

Service Properties TrustSVC

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Segments

By segment

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Reportable Segements$1.83M-72.7%

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

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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

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Operating cash flow$28.1M+8.7%

CapEx$11.9M-24.1%

Free cash flow$16.2M+59.6%

Valuation

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Market cap$741.22M+35.6%

Enterprise value$2.11B+9.2%

P/S1×+0.3×

Profitability

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Gross margin36.8%—

Operating margin8.2%-5.5pp

Net margin-2.5%-6.9pp

FCF margin10.9%+0.3pp

Returns & leverage

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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 asset write-downs?: Summit Hotel Properties (INN) reported asset write-downs of $3.64M in Q1 2026.
What is the long-term trend for Summit Hotel Properties's asset write-downs?: Over 2 years (2021 to 2024), Summit Hotel Properties's asset write-downs has grown at a -12.4% compound annual growth rate (CAGR), from $8.76M to $6.72M.