Core Viewpoint - InnSuites Hospitality Trust (IHT) continues to demonstrate strong performance in its hotel operations and diversification investments, maintaining a long history of dividend payments and achieving record revenues in the current fiscal year [1][2][5]. Group 1: Dividend and Financial Performance - The Board of Trustees of IHT announced a semi-annual dividend of $0.01 per share, payable on August 7, 2025, marking 55 years of uninterrupted annual dividends [1]. - IHT's hotel operations have shown solid performance in the 2026 Fiscal Year, with record revenue results from both the Tucson Hotel and Albuquerque Hotel [2]. - Hospitality revenues for the first five months of the 2026 Fiscal Year reached all-time record levels, contributing to profitability in three of the last four fiscal years [5]. Group 2: Investments and Future Outlook - IHT has made a diversification investment in UniGen Power, Inc., which is developing efficient clean energy generation technology, with IHT potentially holding a 15-20% ownership stake upon full conversion of its investments [4]. - The prototype design engineering for UniGen's UPI 1000TA engine is 61% complete, with ongoing efforts to secure additional financing [4]. - The company believes that its real estate holdings are valued significantly below current market value, indicating a positive outlook for future growth [5]. Group 3: Shareholder Meeting - The Fiscal 2025 Annual Meeting of Shareholders is scheduled for August 14, 2025, at IHT's corporate offices, with shareholders of record as of July 3, 2025, entitled to vote [3].

Core Insights - InnSuites Hospitality Trust (IHT) reported strong hotel revenue results, surpassing $2 million in the First Fiscal Quarter of 2026, with total revenue approximately $2.2 million [1][2] - The company has shown positive net income, with consolidated net income before non-cash depreciation at $221,330 and total consolidated net income at $39,030 for the same quarter [2] - IHT's hotel operations have been robust, contributing to a solid start in the current fiscal year, with combined hotel revenue for May reaching $632,584 and total hotel revenue for the first four months of Fiscal Year 2026 at $2,838,347 [3] Financial Performance - IHT's hotel revenue for the First Fiscal Quarter of 2026 was approximately $2.2 million, continuing a trend of strong performance [1] - The consolidated net income before non-cash depreciation was $221,330, while total consolidated net income was $39,030 [2] - The company has maintained profitability in three of the last four fiscal years, despite significant non-cash depreciation expenses [9] Investment Opportunities - IHT has diversified its investments, notably in UniGen Power, Inc., which focuses on clean energy generation, with potential ownership stakes of 15-20% if convertible bonds and warrants are fully exercised [4] - UniGen is currently raising capital, and IHT may participate in this round, indicating a high-risk but potentially high-return investment opportunity [5] - The management company for IHT has taken over the management of InnDependent Boutique Collection (IBC Hotels, LLC), presenting another diversification opportunity for future growth [5][8] Strategic Initiatives - IHT recognized a need for hotel services for independent hotels and founded IBC Hotels, LLC in 2014 to address this gap, which was sold in 2018 but has since been reacquired for revitalization [6][8] - The new management aims to capitalize on the unfulfilled demand for independent hotel reservations and services, which could enhance IHT's market position [8] - IHT's management believes that the real estate held is undervalued compared to current market values, contributing to a positive outlook for the company's future [9] Dividend History - Fiscal Year 2026 marks the continuation of IHT's uninterrupted annual dividends for 55 years since its initial NYSE listing in 1971, with semi-annual dividends paid in February 2025 and anticipated in August 2025 [10]

Financial Performance - Total revenue for the three months ended April 30, 2025, was $2,205,763, a decrease of 3.83% compared to $2,293,970 for the same period in 2024[14] - Operating income increased to $222,396 for the three months ended April 30, 2025, compared to $178,429 for the same period in 2024, reflecting a growth of 24.63%[14] - Consolidated net income for the three months ended April 30, 2025, was $39,030, down from $86,598 in the same period in 2024, representing a decline of 54.91%[14] - The company reported a net loss attributable to controlling interests of $121,032 for the three months ended April 30, 2025, compared to a net loss of $148,550 for the same period in 2024[14] - Consolidated net income for the three months ended April 30, 2025, was $39,030, a decrease of 54.8% compared to $86,598 for the same period in 2024[19] Assets and Liabilities - Total assets decreased to $14,027,617 as of April 30, 2025, from $14,193,580 as of January 31, 2025, a reduction of 1.17%[12] - Total liabilities decreased to $13,353,109 as of April 30, 2025, from $13,548,102 as of January 31, 2025, a decline of 1.44%[12] - The Trust's total equity increased from $645,478 as of January 31, 2025, to $674,508 as of April 30, 2025, marking an increase of approximately 4.5%[12] Cash Flow and Liquidity - Cash and cash equivalents at the end of the period were $13,004, down from $92,752 at the beginning of the period, a decrease of 86.99%[19] - Net cash provided by operating activities was $279,826, a significant recovery from a net cash used of $(459,417) in the prior year[19] - The Trust's liquidity is supported by hotel room/suite sales and management fees, with a related party line of credit of $2 million available for future needs[30][32] Operating Expenses - The company incurred total operating expenses of $1,983,367 for the three months ended April 30, 2025, down from $2,115,541 in the same period in 2024, a decrease of 6.25%[14] - The Trust's cash paid for interest for the three months ended April 30, 2025, was $151,000, an increase from $117,000 in the same period of 2024[115] - The Trust's operating lease costs for the three months ended April 30, 2025, amounted to $37,279[124] Investments and Strategic Options - The company holds a $1 million 6% convertible debenture in UniGen Power Inc. and approximately $668,750 in UniGen's privately-held common stock[21] - The Trust's management is exploring strategic options, including potential sales or refinancing of hotel properties[34] - The management subsidiary obtained a five-year option to purchase IBC Hotels, LLC at cost, which could become a valuable asset if operations are successfully rekindled[149] Revenue Sources - The Trust's principal source of cash is from hotel room/suite sales and management fees, with a related party line of credit of approximately $1.1 million at 7.0% interest[32][30] - The Trust's revenues primarily consist of room rentals, food and beverage sales, and management fees, recognized as services are rendered[54] - Revenue is primarily derived from room rentals, food and beverage sales, and management fees, recognized as services are rendered[53] Seasonality and Risks - The Trust's hotel operations are subject to seasonality, with the Tucson hotel experiencing peak occupancy in the first fiscal quarter[43] - The seasonal nature of hotel operations may increase vulnerability to risks such as travel disruptions and economic fluctuations[43][44] Financial Management and Policies - The Trust maintained a conservative dividend policy, paying two semi-annual dividends totaling $0.02 per share per fiscal year, with $0.01 per share paid in each of the first and second quarters of fiscal years 2024 and 2025[146] - The Trust has maintained uninterrupted annual dividends since 1971, indicating a stable financial history[22] Impairment and Valuation - The Trust tests its land for impairment annually, ensuring that the carrying value does not exceed its implied fair value[48] - No impairment is required for long-lived assets for the Fiscal Period ended April 30, 2025, as estimated future cash flows exceed carrying values[51] Employee Compensation - The Trust's employee equity incentive plan includes annual compensation of 6,000 fully paid restricted shares to each independent Board member[60] Advertising and Marketing - Advertising expenses for continuing operations totaled approximately $84,000 for the three months ended April 30, 2025, up from $79,000 in the same period of 2024, reflecting a 6.3% increase[64]

Core Insights - InnSuites Hospitality Trust (IHT) reported continued revenue growth in Fiscal Year 2025, with total revenues reaching approximately $7.6 million, an increase from the previous fiscal year [1] - The hotel operations for IHT were strong, with combined revenue for the Tucson and Albuquerque hotels at approximately $1.6 million for the first two months of Fiscal 2025, showing growth from the same period in the prior year [2] - The average daily rate (ADR) for combined hotels increased by $2.22, a rise of 2.28%, while revenue per available room (REVPAR) improved by $0.36, or 0.49% [3] Financial Performance - Fiscal Year 2025 marked the first loss for IHT in four years, with management focusing on cost-cutting measures amid economic uncertainty [7] - Significant reductions in insurance costs were achieved, dropping from approximately $450,000 to $100,000 for Fiscal Year 2026, resulting in savings of about $350,000 [7] - Despite the loss, management remains optimistic about future profitability due to improved operating profits, diversification opportunities, and being listed on the NYSE-American [7] Diversification and Future Outlook - IHT has invested in UniGen Power Inc., which is developing clean energy innovations, with the potential for IHT to hold a 15-20% ownership stake if all convertible bonds and warrants are exercised [4] - The demand for electricity is projected to double over the next five years, driven by data centers, electric vehicles, and artificial intelligence [4] - IHT management is exploring additional diversification investment opportunities, believing that the future looks bright due to undervalued real estate and high profit potential from clean energy investments [6] Dividend History - IHT has maintained uninterrupted annual dividends for 55 years, with the most recent semi-annual dividend paid on February 5, 2024, and another anticipated on August 4, 2025 [8]

Hotel Operations and Performance - The Trust owns a 75.89% general partner interest in RRF Limited Liability Limited Partnership, which controls a 51.62% interest in the Tucson hotel and a direct 21.90% interest in the Albuquerque hotel[9]. - The two hotels have a total of 270 suites and have achieved record high Gross Operating Profit (GOP) in Fiscal Year 2025, significantly exceeding both Covid and Pre-Covid levels[17]. - The Trust has remodeled 100% of each property's available suites and public areas over the last four years[34]. - The Trust's hotels are expected to see incremental demand over the next 24 months due to completed renovations meeting Best Western standards[19]. - The occupancy rate for the combined hotels decreased by approximately 1.75% to 74.58% in Fiscal Year 2025 from 75.91% in Fiscal Year 2024[59]. - Average Daily Rate (ADR) increased by $2.22, or 2.28%, to $99.68 in Fiscal Year 2025 from $97.46 in Fiscal Year 2024[59]. - Revenue Per Available Room (REVPAR) increased by $0.36, or 0.49%, to $74.34 in Fiscal Year 2025 from $73.98 in Fiscal Year 2024[59]. - The Trust's hotel operations are affected by seasonality, with the Tucson hotel experiencing highest occupancy in the first fiscal quarter and the Albuquerque hotel in the second and third fiscal quarters[175]. - The Trust's hotel operations are concentrated in the southwest region of the United States, with no operations or sources of revenue outside this area[204]. Financial Performance - For the Fiscal Year 2025, total revenues increased by approximately $109,000, or 1%, to $7,593,516 compared to $7,484,398 in Fiscal Year 2024[65]. - Operating expenses rose by approximately $130,884, or 2%, to $8,336,258 in Fiscal Year 2025 from $8,205,374 in Fiscal Year 2024[65]. - Consolidated net loss for Fiscal Year 2025 was $1,391,632, a decrease of $1,668,808, or 602%, compared to a net income of $277,176 in Fiscal Year 2024[65]. - Room revenues increased by 1% to approximately $7,336,000 for the Fiscal Year ending January 31, 2025, compared to $7,292,000 for the prior year[68]. - Total expenses before interest and taxes rose to approximately $8,336,000 for the twelve months ended January 31, 2025, an increase of approximately $131,000 from $8,205,000 in the previous year[69]. - The consolidated net loss for the year ended January 31, 2025, was $(1,391,632), compared to a net income of $277,176 for the year ended January 31, 2024[147]. - The total cash used in operating activities for the year ended January 31, 2025 was $(1,058,795), a significant decrease from the cash provided of $1,431,821 in the previous year[152]. - The Trust's balance of cash and cash equivalents at the end of the period was $92,752, down from $1,325,368 at the beginning of the period[152]. - The Trust's total equity decreased to $1,650,785 as of October 31, 2024, down from $1,958,829 as of July 31, 2024[150]. Strategic Plans and Future Outlook - The Trust anticipates selling one or both hotels within the next 36 months as part of its strategy to maximize shareholder returns[12]. - The Trust's operations for Fiscal Year 2026 focus on increasing asset value and total returns through profitable hotel operations and diversification, including investments in UniGen Power, Inc.[12]. - The Trust may seek further diversification through a merger or reverse merger with a larger non-public entity[20]. - The strategic plan includes seeking a larger private reverse merger partner to enhance market value and access to NYSE AMERICAN[54]. - The company anticipates steady leisure travel demand and modestly increased hotel rates in Fiscal Year 2026, despite challenges from the economy and inflation[85]. - The Trust seeks to sell one or both of its hotel properties within the next 36 months, although it cannot predict the timing or likelihood of such sales[102]. - Management is analyzing strategic options, including the potential sale or refinance of hotel properties, but such transactions may not be favorable[173][174]. Investments and Diversification - The Trust has invested $1 million in UniGen Power, Inc., which could result in up to 15-20% ownership in the company[56]. - The Trust's investment in UniGen Power, Inc. includes a $1 million initial investment and an additional $1,668,750, which consists of approximately $700,000 in note receivables, $300,000 in warrants, and $668,750 in common stock[110][115]. - The Trust's investment in UniGen is classified as a level 3 fair value measurement due to the lack of identical actively traded instruments[123]. - The Trust has issued common stock purchase warrants for up to 1,500,000 shares of UniGen, with exercise prices of $1.00 and $2.25 per share[113][114]. - UniGen's engineering work is 61% complete on its prototype, with the potential for the UPI 1000TA engine to be 33% more fuel-efficient than initially estimated, emitting only 25% of the maximum emissions allowed by CARB[118][120]. - The total market demand for electricity in the U.S. is projected to double over the next five years, driven by increased demand from data centers, electric vehicles, and artificial intelligence[111][120]. Shareholder Returns and Dividends - The Trust intends to maintain a steady conservative dividend policy, having declared uninterrupted annual dividends for 55 years[41]. - The Trust paid a semi-annual dividend of $0.01 per share for Fiscal Years 2025 and 2024, totaling $177,970 and $180,120 respectively, maintaining uninterrupted dividends for 55 consecutive years[198]. - The Trust's dividends paid for the year ended January 31, 2025 were $(177,970), slightly down from $(180,120) in the previous year[152]. Risks and Challenges - The Trust's operations are vulnerable to risks such as travel disruptions and economic downturns, which could significantly impact revenues and profits[176]. - The Trust has no off-balance sheet financing arrangements or liabilities, and it does not expect to recognize any impairment losses on hotel properties for Fiscal Years 2025 or 2024[99][101]. - The Trust's liquidity is primarily dependent on hotel room reservation revenues and management fees, with a related party line of credit of approximately $1.15 million and a maximum borrowing capacity of $2 million[169][171]. - The Trust had approximately $93,000 in cash as of January 31, 2025, and believes it has sufficient cash to meet financial obligations for the next twelve months[173].

Core Points - InnSuites Hospitality Trust announced a semi-annual dividend of $0.01 per share, continuing a 55-year history of uninterrupted annual dividends [1] - The hotel operations remain strong, with combined revenue of $505,422 reported for December [1] - Total revenues for the 2025 Fiscal Year are projected to exceed $7.5 million, indicating record hotel gross operating profit [2] - The company is making progress with its UniGen diversified clean energy investment and is seeking additional funding [2] - InnSuites is exploring other potential diversification investment opportunities [2]

Core Viewpoint - InnSuites Hospitality Trust (IHT) has reported record hotel revenue levels and strong operational performance for the first three fiscal quarters of 2025, indicating positive growth in the travel industry and the company's financial health [1][4]. Financial Performance - Total revenue for the first three fiscal quarters of 2025 reached approximately $6 million, maintaining record levels [1]. - Combined revenue for the first ten fiscal months of fiscal year 2025 was reported at $6,531,170, reflecting strong operational performance [2]. - The average daily rate (ADR) increased by $4.43, a rise of 4.37%, while revenue per available room (REVPAR) improved by $2.33, or 3.16% [3]. - The trailing 12-month total revenue saw a 5% increase, amounting to approximately $7.7 million [3]. Investment and Diversification - IHT has made a diversification investment in UniGen Power Inc., which focuses on clean energy generation, anticipating a doubling of electricity demand over the next five years due to various market trends [5]. - IHT holds stock, convertible bonds, and warrants in UniGen, potentially leading to a 15-20% ownership stake if fully exercised [5]. - The management believes that the real estate held by IHT is undervalued, contributing to a positive outlook for the company's future [6]. Operational Stability - IHT has achieved three consecutive profitable fiscal years, even after accounting for significant non-cash depreciation expenses [7]. - The company is exploring additional investment opportunities to further enhance its hotel and diversification revenues [7]. Dividend History - Fiscal year 2025 marks the continuation of IHT's uninterrupted annual dividends for 54 years, with semi-annual dividends scheduled for February 5, 2024, and July 31, 2024 [8].

Core Insights - InnSuites Hospitality Trust (IHT) reported record hotel revenue levels in the first half of Fiscal 2025, with total revenue reaching approximately $4.1 million [1] - The combined revenue for the first seven months of Fiscal Year 2025 reached a record $4,660,134, indicating strong hotel operations [2] - The average daily rate (ADR) increased by 4.03% and revenue per available room (REVPAR) rose by 3.16% in the first half of Fiscal 2025, reflecting positive trends in the travel industry [3] Financial Performance - Consolidated net income before non-cash depreciation for the first half of Fiscal 2025 was reported at $14,693 [1] - The trailing 12-month revenue saw a 6% increase compared to the previous 12-month period, showcasing sustained growth [3] - IHT has maintained uninterrupted annual dividends for 54 years, with semiannual dividends paid in February and July 2024 [6] Strategic Investments - In late 2019, IHT diversified its investments by acquiring a stake in UniGen Power Inc., which focuses on clean energy generation, anticipating a doubling of electricity demand over the next five years [4] - IHT holds stock, convertible bonds, and warrants in UniGen, potentially leading to a 20% ownership stake if fully exercised [4] - IHT management believes that the real estate held at book values significantly below current market value, combined with the high profit potential from clean energy diversification, positions the company favorably for the future [5]

Company Overview - InnSuites Hospitality Trust (IHT) is scheduled to hold its Fiscal 2024 Annual Meeting of Shareholders on August 14, 2024, at its corporate offices in Phoenix, Arizona [1] - The company has filed its Fiscal 2024 Proxy on July 3, 2024, and the Annual Report on July 9, 2024 [6] Financial Performance - IHT hotel operations have shown strong performance in the current 2025 Fiscal Year, with record results from both the Tucson Hotel and Albuquerque Hotel for the 2024 Fiscal Year to date [2] - Hospitality revenues for the first five months of Fiscal 2025 have reached all-time record levels, alongside ten consecutive profitable quarters of Consolidated Net Income [3] Dividend Information - On July 9, 2024, IHT announced a semi-annual dividend of $0.01 per share, continuing a 54-year history of uninterrupted annual dividends [9] Strategic Initiatives - The company is progressing with its investment in UniGen Power, Inc., which focuses on high-risk, high-reward clean energy innovations [10] - IHT holds stock, convertible bonds, and warrants in UniGen, potentially leading to a 20% ownership stake upon full conversion/exercise [10]

Core Insights - InnSuites Hospitality Trust (IHT) is experiencing strong performance in its hotel operations, with record results reported for both the Tucson Hotel and Albuquerque Hotel in the current fiscal year [1][3] - The company has achieved all-time record hospitality revenues in the first five months of the 2025 fiscal year and has completed ten consecutive profitable quarters of consolidated net income [3] - IHT's management believes that the real estate held is undervalued compared to current market values, and the diversification into UniGen presents high profit potential despite its associated risks [3] Financial Performance - IHT announced a semi-annual dividend of $0.01 per share, continuing a 54-year history of uninterrupted annual dividends [6] - The company filed its Fiscal 2024 Proxy and Annual Report in July 2024, indicating ongoing transparency and communication with shareholders [7] Diversification Strategy - IHT has invested in UniGen Power, Inc., focusing on clean energy generation innovations, which could lead to a significant ownership stake of approximately 20% upon full conversion of its investments [8] - UniGen's prototype design engineering for its UPI 1000TA engine is substantially complete, and the company is currently seeking additional financing [8]