InnSuites Hospitality Trust (NYSE American: IHT) reported strong hotel revenue results, exceeding $4 million in the first half of fiscal year 2026, with total revenue of approximately $4,004,635. Consolidated net income before non-cash expenses was approximately $75,000 for the same period. The hotel operations have been robust, with August revenue hitting a record of $547,571, contributing to a total of $4,552,206 for the first seven months of fiscal year 2026. Additionally, RRF LLLP, the management company for IHT, has taken over management of InnDependent Boutique Collection (IBC Hotels, LLC), marking a new diversification opportunity for the company.
In a move to capitalize on the unfulfilled demand for independent boutique hotel reservations and services, IHT acquired IBC Hotels, LLC in March 2025 and engaged RRF LLLP to manage the revitalization of the brand. Furthermore, IHT made a diversification investment in UniGen Power, Inc., a company focusing on clean energy generation innovations, with potential for significant returns in the future. The company’s strong financial performance has allowed for continuous annual dividends for 55 years and a positive outlook for the company’s future.
Read more at GlobeNewswire: IHT FISCAL FIRST HALF HOTEL REVENUES EXCEED $4 MILLION; IBC
