IHT Q3 COMBINED RECORD REVENUES

Rhea-AI Summary

InnSuites Hospitality Trust (IHT) reported record-breaking performance for the first three fiscal quarters of 2025 (Feb 1 - Oct 31, 2024). Total revenue reached approximately $6 million, with combined revenue hitting $6,531,170 for the first ten fiscal months. The company saw improvements in key metrics:

- Average Daily Rate (ADR) increased by $4.43 (4.37%)
- Revenue Per Available Room (REVPAR) grew by $2.33 (3.16%)
- Trailing 12-month revenue rose by $334,849 to $7.7 million (5% increase)

IHT maintains a diversification investment in UniGen Power Inc. (UPI), which could result in a 15-20% ownership stake. The company has maintained uninterrupted dividend payments for 54 years, with recent distributions on February 5 and July 31, 2024.

Positive

• Record total revenue of $6 million for first three fiscal quarters 2025
• ADR increased 4.37% ($4.43)
• REVPAR grew 3.16% ($2.33)
• Trailing 12-month revenue up 5% ($334,849) to $7.7 million
• 54 years of uninterrupted dividend payments

Negative

• Net Income/Loss before depreciation remained flat
• High-risk investment in UniGen Power Inc.

Insights

Financial Analyst

IHT's Q3 results show promising operational momentum with record revenues of approximately $6 million for the first three quarters of FY2025. Key performance metrics are robust, with ADR increasing by 4.37% and RevPAR up 3.16%. The trailing 12-month revenue growth of 5% to $7.7 million demonstrates sustained business expansion. While hotel operations remain strong, the company's strategic investment in UniGen Power represents a calculated diversification into clean energy, though this venture carries significant risk. The continuation of the 54-year dividend streak reinforces financial stability, but with a market cap of just $19 million, investors should note the stock's micro-cap status and associated liquidity risks.

Market Research Analyst

The hospitality sector's recovery is evident in IHT's performance metrics. The 4.37% ADR increase indicates strong pricing power, while the improved RevPAR suggests efficient inventory management. The company's strategic pivot into clean energy through UniGen aligns with growing market demands, particularly in data centers and EV infrastructure. However, the potential 15-20% stake in UniGen represents a speculative bet that could significantly impact IHT's risk profile. The real estate portfolio's reported undervaluation on the books could provide a valuable cushion, but current market conditions may affect actual realization values.

Phoenix, AZ, Dec. 16, 2024 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue record levels have maintained for the First Three Fiscal Quarters of 2025, (February 1, 2024, to October 31, 2024), with Total Revenue increasing to an approximately $6 million record level.

Consolidated Net Income/Loss before non-cash depreciation expense was approximately flat, for the 2025 First Three Fiscal Quarters, ended October 31, 2024 (February 1, 2024, through October 31, 2024).

IHT hotel operations were strong in the Fiscal Year ended January 31, 2024, and the 2025 First Three Fiscal Quarters, continuing strong into November, of the current Fiscal Year. Combined Revenue has led to a record $6,531,170 for the first ten Fiscal Months of Fiscal Year 2025.

The Combined Hotel Average Daily Rate (ADR) has increased $4.43, an increase of 4.37% for First Fiscal Three Quarters (February 1, 2024, to October 31, 2024). The Combined Revenue Per Available Room (REVPAR), has also increased from the prior First Fiscal Three Quarters, by $2.33, a 3.16% improvement. The Trailing 12-month total revenue has also seen a 5% increase from the prior 12-month period, increasing $334,849 to approximately $7.7 million.

These are all positive signs for InnSuites, as the Travel Industry, and InnSuites Hospitality Trust (IHT) specifically, continue to record strong revenue growth and improved Gross Operating Profit (GOP).

InnSuites Hospitality Trust (IHT), in late 2019, made a diversification investment in UniGen Power Inc., (UPI), developing a patented, high profit potential, efficient clean energy generation innovation. With the continued growing demand for data centers plus influx of electric cars, as well as growing needs of artificial intelligence, increased demand for electricity over the next five years is projected to approximately double. IHT holds stock, convertible bonds and warrants that, if fully exercised, could result in IHT holding an approximately up to 15-20% ownership stake in UniGen.

UniGen is currently concentrating on its next round of capital raising, which IHT may or may not participate in. UniGen is a high-risk investment offering high potential investment return if and when successful.

IHT management believes that due to real estate held on the books of IHT at book values believed to be significantly below current market value and due to the clean energy diversification high profit potential ahead, the IHT future looks bright.

IHT’s strong hotel operating results are reflected in the most recent three successful, consecutive profitable Fiscal Years, even after accounting for substantial non-cash depreciation expense. IHT management is also exploring additional investment opportunities to further supplement the continued record Hotel and Diversification revenues currently being recognized.

Fiscal Year 2025 extended IHT’s uninterrupted, continuous annual dividends to 54 years, since 1971 when first listed on NYSE, with semi-annual dividends paid February 5, 2024, and July 31, 2024.

For more information, visit www.innsuitestrust.com and www.innsuites.com.

Forward-Looking Statements

With the exception of historical information, matters discussed in this news release may include “forward-looking statements” within the meaning of the federal securities laws. All statements regarding IHT’s review and exploration of potential strategic, operational, and structural alternative diversification investments, and expected associated costs and benefits, as well as statements related to continuation of its 54 years of uninterrupted payment of annual dividends, are forward-looking. Actual developments and business decisions may differ materially from those expressed or implied by such forward-looking statements. Important factors, among others, that could cause IHT’s actual results and future actions to differ materially from those described in forward-looking statements include the uncertain outcome, impact, effects and results of IHT’s success in finding potential qualified purchasers for its hospitality real estate, or a reverse merger partner, continuation of growth of hospitality revenues and/or profit growth, timely collection of receivables, the success of and timing of the UniGen clean energy diversification innovation, the continuation of semi-annual dividends in the year(s) ahead, and other risks discussed in IHT’s SEC filings. IHT expressly disclaims any obligation to update any forward-looking statement contained in this news release to reflect events or circumstances that may arise after the date hereof, all of which are expressly qualified by the foregoing, other than as required by applicable law.

FOR FURTHER INFORMATION:

Marc Berg, Executive Vice President
602-944-1500
email: mberg@innsuites.com

INNSUITES HOTEL CENTRE
1730 E. NORTHERN AVENUE, #122
Phoenix, Arizona 85020
Phone: 602-944-1500

FAQ

What were IHT's revenue results for Q3 2025?

IHT reported record total revenue of approximately $6 million for the first three fiscal quarters of 2025, with combined revenue reaching $6,531,170 for the first ten fiscal months.

How much did IHT's Average Daily Rate (ADR) increase in Q3 2025?

IHT's Average Daily Rate (ADR) increased by $4.43, representing a 4.37% increase for the first three fiscal quarters of 2025.

What is IHT's potential ownership stake in UniGen Power?

IHT could potentially hold a 15-20% ownership stake in UniGen Power through its stock, convertible bonds, and warrants if fully exercised.

How long has IHT maintained continuous dividend payments?

IHT has maintained uninterrupted, continuous annual dividends for 54 years since 1971 when first listed on NYSE.

What was IHT's REVPAR growth in Q3 2025?

IHT's Revenue Per Available Room (REVPAR) increased by $2.33, representing a 3.16% improvement compared to the prior first fiscal three quarters.