INNSUITES FY 2027 Q1 RECORDS CONSOLIDATED NET INCOME PROFIT; REVERSE MERGER EXPLORATION CONTINUES – InnSu
Consolidated Net Income before non-cash items of depreciation and non-cash Best Western Travel Rewards credit expenses was $307,326 for the 2027 First Fiscal Quarter ended April 30, 2026 (February 1, 2026, through April 30, 2026).
Combined Hotel Occupancy jumped to 85.37%, while the Revenue Per Available Room and Suites (REVPAR), modestly increased to $88.23.
InnSuites Hospitality Trust continues to explore diversification opportunities and opportunities to increase Equity, potentially including a reverse merger, which is of high interest.
RRF LLLP, the 76% owned subsidiary Management Company for IHT, manages the IHT Hotels, and InnDependent Boutique Collection (IBC Hotels, LLC). IBC is a diversification opportunity for IHT.
On February 20, 2026, James Wirth was elected Chairman, CEO, and President of UniGen, while Marc Berg was elected as Vice Chairman, EVP, and Secretary/Treasurer of UniGen, with plans to rejuvenate the UniGen progress to benefit all the UniGen debt and equity holders, including IHT. Target date for the first two prototype engines to be ready for testing is in less than two years.
IHT management believes that due to real estate held on the books of IHT at book values significantly below current market value, due to clean energy diversification high profit potential ahead, IBC independent hotel services prospects, a potential reverse merger possibility, and improving hospitality profitability before non-cash depreciation and other non-cash items, the IHT future looks bright.
Our most recent dividend at the start of the current Fiscal Year 2027 extended IHT’s uninterrupted, continuous annual dividends to 56 years, since 1971, when IHT was first listed on the NYSE.
Forward-Looking Statements
FOR FURTHER INFORMATION:
Marc Berg, Executive Vice President
602-944-1500
email: [email protected]
INNSUITES HOSPITALITY CENTRE
1730 E. NORTHERN AVENUE, #122
Phoenix, Arizona 85020
Phone: 602-944-1500
