From GlobeNewswire: 2025-06-20 17:27:00

InnSuites Hospitality Trust (NYSE American: IHT) reported strong hotel revenue results exceeding $2 million in the First Fiscal Quarter of 2026, with total revenue reaching approximately $2.2 million. Net income before non-cash depreciation was $221,330. IHT’s hotel operations remain robust, with combined May revenue of $632,584 and total revenue of $2,838,347 for the first four months of Fiscal Year 2026. Additionally, IHT made a diversification investment in UniGen Power, Inc., a clean energy generation company, with high profit potential due to increasing electricity demand.

InnSuites Hospitality Trust (IHT) recently acquired the management of InnDependent Boutique Collection (IBC Hotels, LLC), and is exploring new diversification opportunities. IHT recognized a need for hotel reservations and services for independent hotels, leading to the creation of IBC Hotels, LLC in 2014. IHT also purchased IBC Hotels, LLC in March 2025 to revitalize independent hotel reservations and services worldwide. With strong hotel operating results and continuous dividends for 55 years, IHT’s future looks promising.

IHT’s Annual Shareholder Meeting is scheduled for August 14, 2025, at the IHT Phoenix Corporate Office. For more information, visit www.innsuitestrust.com and www.innsuites.com. Forward-looking statements in this news release discuss potential diversification investments and future actions, with actual developments possibly differing. IHT is committed to providing updates on any material changes as required by law. Contact Marc Berg, Executive Vice President, at 602-944-1500 or [email protected] for further information.



Read more at GlobeNewswire: IHT Q1 HOTEL REVENUES EXCEED $2.2 MILLION; IBC MANAGEMENT