InnSuites Hospitality Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $13.3M
- Price
- $1.19
- % Change (Daily % change from the live per-ticker quote feed.)
- +5.81%
- Volume
- 111.9K
About
InnSuites Hospitality Trust (IHT), an unincorporated Ohio business trust headquartered in Phoenix, Arizona, commenced trading on the NYSE American in 1971. This entity focuses on the ownership and management of hotels operating under its InnSuites Hotels brand. For over forty years, InnSuites® Hotels and Suites, a trademark wholly owned by IHT, has engaged in real estate and hotel ownership, in addition to providing comprehensive hotel services including management, branding, and reservation systems. The company has established itself as an innovator by consistently addressing guest needs and foreseeing demands within the hotel membership sector.
Quick stats
Shares outstanding11.2M
Computed float2.7M
Float / shares24.2%
Cash runway (months)4.7
Key info
SectorReal Estate
IndustryREIT - Hotel & Motel
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000082473
AI Summary
AI-generated1/7
minorbullishearnings
INNSUITES ANNOUNCES 2027 FISCAL FIRST HALF $4M RECORD REVENUES; REVERSE MERGER INTEREST INCREASES
InnSuites Hospitality Trust posted record Fiscal 2027 first-half total revenues of $4,099,593, with net income before non-cash items of $120,280 — a $178,057 improvement over the prior-year period.
Hotel fundamentals improved as combined occupancy reached 83.42%, up roughly 3.04%, and REVPAR rose from $78.48 to $79.66; first-seven-month hotel revenue hit a combined record of about $4.5 million.
On August 19 the Trust increased shareholders' equity by $3 million and reduced debt by the same amount, and it reports rising reverse-merger interest alongside its high-risk UniGen Power clean-energy investment.
Management cautioned there is no assurance it will regain or maintain NYSE American continued-listing compliance, and related-party arrangements — REF's IBC Hotels purchase and IHT executives holding all UniGen board seats — remain key watch items.
Red flags
- Company flags uncertainty it will regain or maintain NYSE American continued-listing standards; compliance-plan submission to NYSE American referenced in forward-looking statements
- Related-party dynamics: chairman/family-owned REF bought IBC Hotels, with IHT subsidiary holding an option to purchase at cost; IHT executives control UniGen's board
- UniGen Power investment is self-described as high risk with unproven 'disruptive' generation technology
- Micro-cap scale: half-year revenue just over $4.1M and pre-non-cash net income of only ~$120K leave little margin for error