InnSuites swings to FY27 Q1 net profit of 74,702; revenue rises to 2.2 million

InnSuites Hospitality Trust

InnSuites Hospitality Trust

IHT

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  • InnSuites Hospitality Trust posted fiscal Q1 consolidated net income of $74,702, improving by $35,672 from the prior-year quarter.
  • Revenue rose to about $2.2 million, a fiscal Q1 record; combined occupancy jumped to 85.37% with REVPAR edging up to $88.23.
  • Net income before non-cash depreciation and non-cash Best Western Travel Rewards credits totaled $307,326.
  • May revenue was $652,786, lifting first four fiscal months revenue to about $2.9 million, a new combined record.
  • Management said it continues exploring diversification and equity-raising options, including a potential reverse merger, while pursuing IBC and UniGen initiatives.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InnSuites Hospitality Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606182159PRIMZONEFULLFEED9749637) on June 19, 2026, and is solely responsible for the information contained therein.