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Summit Hotel Properties INN Real Estate Taxes And Insurance
Real Estate Taxes And Insurance at other companies
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Where this comes from
Reported directly by Summit Hotel Properties in its filing.
Tagged under the XBRL concept us-gaap:RealEstateTaxesAndInsurance.
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 |
|---|---|---|---|---|
| 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 |
| Corporate general and administrative | 7,415 | 8,280 | 16,260 | 16,851 |
| Loss on write-down of assets | — | — | 3,641 | — |
Item 1. Financial Statements
FAQ
- What is Summit Hotel Properties's real estate taxes and insurance?
- Summit Hotel Properties (INN) reported real estate taxes and insurance of $13.57M in Q2 2026.
- How has Summit Hotel Properties's real estate taxes and insurance changed year-over-year?
- Summit Hotel Properties's real estate taxes and insurance decreased by 1.0% year-over-year, from $13.71M to $13.57M.
- What is the long-term trend for Summit Hotel Properties's real estate taxes and insurance?
- Over 4 years (2021 to 2025), Summit Hotel Properties's real estate taxes and insurance has grown at a 7.2% compound annual growth rate (CAGR), from $41.35M to $54.69M.
- What does real estate taxes and insurance mean?
- Represents the recurring costs associated with property ownership, specifically property taxes and insurance premiums for the real estate portfolio. These expenses are essential for maintaining asset compliance and protecting the company's physical hotel properties from financial loss.
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