Summit Hotel Properties, Inc.
INN
$-0.10
Change (1 day)
$7.22
Year High
$5.31
Year Low
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Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
Revenue of Summit Hotel Properties, Inc. (INN)
Revenue in 2023 (TTM): $736.13 M
According to Summit Hotel Properties, Inc.'s latest financial reports the company's current revenue (TTM) is $736.13 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Summit Hotel Properties, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $736.13 M | $107.1 M | $226.71 M | $-25,318,000 | $-9,489,000 |
| 2022 | $675.7 M | $255.9 M | $211.42 M | $4.83 M | $1.47 M |
| 2021 | $361.93 M | $117.31 M | $90.18 M | $-67,111,000 | $-68,584,000 |
| 2020 | $234.46 M | $34.07 M | $6.83 M | $-147,869,000 | $-149,245,000 |
| 2019 | $549.35 M | $216.15 M | $181.43 M | $83.85 M | $82.61 M |
| 2018 | $567.27 M | $225.84 M | $192.76 M | $90.2 M | $90.92 M |
| 2017 | $515.38 M | $324.99 M | $173.95 M | $101.2 M | $99.21 M |
| 2016 | $473.94 M | $299.11 M | $161.52 M | $106.81 M | $107.81 M |
| 2015 | $463.46 M | $289.6 M | $157.57 M | $125.81 M | $124.44 M |
| 2014 | $403.47 M | $246.93 M | $123.08 M | $21.18 M | $20.87 M |
| 2013 | $298.96 M | $178.75 M | $85.73 M | $11.52 M | $5.88 M |
| 2012 | $255.47 M | $151.44 M | $70.68 M | $826 K | $2.51 M |
| 2011 | $134.28 M | $39.9 M | $36.84 M | $-6,501,790 | $-2,937,092 |
| 2010 | $135.64 M | $69.46 M | $39.46 M | $-20,718,322 | $-20,920,485 |
| 2009 | $121.2 M | $62.14 M | $33.76 M | $-16,314,332 | $-16,314,332 |
| 2008 | $135.11 M | $77.54 M | $54.73 M | $14.29 M | $13.08 M |