IHT REVENUES STABLE; FURTHER DIVERSIFICATION EXPLORED

InnSuites Hospitality Trust (NYSE American:IHT) reported Fiscal Year 2026 revenue of approximately $7.6 million, roughly flat year over year, with combined occupancy rising to 76.98%.

Rhea-AI Summary

InnSuites Hospitality Trust (NYSE American:IHT) reported Fiscal Year 2026 revenue of approximately $7.6 million, roughly flat year over year, with combined occupancy rising to 76.98%. The year showed a loss before non-cash expenses and income tax of ($307,188), improved from ($476,836) in 2025.

Non-cash depreciation totaled ($773,964). IHT is pursuing diversification, including a potential reverse merger and its UniGen Power clean energy investment, now led by James Wirth and Marc Berg. Management projects Fiscal 2027 profit before non-cash items and highlights a 56-year uninterrupted dividend record.

Positive

• Fiscal 2026 revenue approximately $7.6 million, matching prior year
• Occupancy increased to 76.98%, up 2.40 percentage points from Fiscal 2025
• Loss before non-cash expenses and income tax improved to ($307,188) from ($476,836)
• Non-cash depreciation of ($773,964) suggests lower cash impact than reported loss
• Management projects Fiscal 2027 profit before non-cash items
• Uninterrupted dividend record extended to 56 years since 1971

Negative

• Fiscal 2026 was second loss in last five fiscal years
• Fiscal 2026 includes ($773,964) in non-cash depreciation, weighing on reported results
• Company cites increased economic and worldwide travel uncertainty impacting hotel operations

Argus May 19 session

+6.40% close to close Open Argus

Details

News Market Reaction – IHT

On May 19, the day this news came out, IHT closed 6.40% above the previous close.

Data tracked by StockTitan Argus for the May 19 session.

Key Figures

Fiscal 2026 revenue: $7.6 million Occupancy rate: 76.98% Occupancy increase: 2.40% +5 more

Fiscal 2026 revenue

$7.6 million

Annual revenue for Fiscal Year 2026, matching prior year

Occupancy rate

76.98%

Fiscal 2026 combined occupancy, up from 74.58%

Occupancy increase

2.40%

Increase in combined occupancy in Fiscal 2026 vs Fiscal 2025

Loss before non-cash items

$307,188

Fiscal 2026 loss before non-cash expenses and income tax

Prior-year loss

$476,836

Fiscal 2025 loss before identical non-cash items and income tax

Non-cash depreciation

$773,964

Fiscal 2026 non-cash depreciation expense

Dividend streak

56 years

Uninterrupted annual dividends since 1971 at start of Fiscal 2027

Consecutive loss years

2 of last 5

Fiscal 2026 was second loss year in last five fiscal years

Historical Context

3 past events · Latest: Feb 23

3 events

1. Feb 23

   UniGen progress update

   24h Move

   -3.4%

   Reported engineering progress and new UniGen leadership, plus significant unit order.

2. Jan 21

   Dividend and revenue

   24h Move

   +0.0%

   Declared $0.01 dividend and highlighted record December hotel revenues.

3. Dec 15

   Quarterly revenue update

   24h Move

   -0.0%

   Disclosed >$5.8M first-three-quarter revenue and diversification via IBC and UniGen.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reverse merger, forward-looking statements, non-cash depreciation, dividends

4 terms

reverse merger financial

"continues to explore diversification opportunities potentially including a reverse merger"

A reverse merger is when a private company becomes publicly traded by combining with an already listed public shell company, allowing the private business to gain a stock market listing without going through a traditional IPO. Investors care because this shortcut can be faster and cheaper than an IPO but often comes with less regulatory vetting and market visibility, so it can mean higher uncertainty about valuation, financial transparency, and future liquidity.

forward-looking statements regulatory

"may include “forward-looking statements” within the meaning of the federal securities laws"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

non-cash depreciation financial

"Fiscal Year 2026 results included non-cash depreciation of ($773,964)"

Non-cash depreciation is an accounting entry that spreads the original cost of a long-lived asset (like machinery or buildings) across its useful life to reflect wear and tear, without any actual cash leaving the company when the charge is recorded. Investors care because it lowers reported profit while leaving cash available for operations or investment, so comparing earnings to cash flow helps reveal the company’s true cash-generating strength—think of it as spreading the cost of a car over years rather than paying anew each year.

dividends financial

"extended IHT’s uninterrupted, continuous annual dividends to 56 years"

Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Phoenix, AZ, May 19, 2026 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) Fiscal Year 2026, (February 1, 2025, to January 31, 2026), annual revenue was approximately $7.6 million, matching the prior Fiscal Year.

The Fiscal 2026 Combined Occupancy increased 2.40%, to 76.98%, from the prior Fiscal Year 2025 of 74.58%, which is an increase of 3.22% overall.

InnSuites Hospitality Trust (IHT) continues to explore diversification opportunities potentially including a reverse merger which is currently of high interest.

With the continued growing demand for electricity from data centers plus the influx of electric cars, as well as projected growing needs for artificial intelligence, increased demand for electricity over the next five years is projected to approximately double, which bodes well for the IHT investment in UniGen Power, Inc. This product is a potentially power industry disruptive relatively clean energy cost effective electric generation innovation, and offers IHT substantial upside potential.

On February 20, 2026, the Corporate Officers and three of the five Directors of UniGen Power, Inc., resigned leaving 100% of the UniGen Board seats in the hands of James Wirth and Marc Berg. James Wirth was elected Chairman, CEO, and President of UniGen, while Marc Berg was elected as Vice Chairman, EVP, and Secretary/Treasurer of UniGen. James Wirth and Marc Berg were elected to UniGen Management positions, and plan to rejuvenate the momentum of UniGen to benefit all the UniGen debt and equity holders, including IHT.

IHT management believes that due to real estate held on the books of IHT at book values significantly below current market value, and due to the clean energy diversification high profit potential ahead, IBC independent hotel services provided, and a potential reverse merger possibility, the IHT future looks bright.

InnSuites Hospitality Trust (IHT), Fiscal Year 2026 was its second Fiscal Year with a loss in the last five Fiscal Years. Going forward, IHT is focused on hotel industry cost cutting at a time of increased economic/worldwide travel uncertainty. In addition, IHT is exploring diversification opportunities including reverse merger prospects, as well as in energy, and independent hotel services.

Fiscal Year 2026 results included non-cash depreciation of ($773,964). The Fiscal Year 2026 loss of ($307,188) before non-cash expenses and Income Tax provided a marked improvement from the prior Fiscal Year 2025 loss before identical non-cash and Income Tax items of ($476,836). This improvement is expected to continue in the current Fiscal Year 2027, resulting in a projected profit before non-cash items in the current Fiscal Year 2027.

Hotel Operating Profits in the current Fiscal Year 2027 are expected to continue to improve with additional cost cutting measures, the potential of the aforementioned various diversification opportunities, and potential reverse merger offering benefit of being listed on the NYSE-American, all of which bode well for the continued success of the Trust.

Our most recent dividend at the start of Fiscal Year 2027 extended IHT’s uninterrupted, continuous annual dividends to 56 years, since 1971, when IHT was first listed on the NYSE.

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 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 economic effects of tariffs, the uncertain outcome, impact, effects and results of IHT’s success in finding qualified purchasers for its hospitality real estate, or a reverse merger partner, the success of additional financing and timing of the UniGen clean energy and other potential diversification innovations, the continuation of annual or semi-annual dividends in the year(s) ahead, collections of receivables, 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 HOSPITALITY CENTRE
1730 E. NORTHERN AVENUE, #122
Phoenix, Arizona 85020
Phone: 602-944-1500

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were InnSuites Hospitality Trust (IHT) Fiscal Year 2026 revenues and occupancy?

InnSuites Hospitality Trust reported Fiscal 2026 revenue of about $7.6 million, roughly matching the prior year. According to InnSuites Hospitality Trust, combined occupancy rose to 76.98%, up from 74.58% in Fiscal 2025, reflecting higher room utilization.

Did InnSuites Hospitality Trust (IHT) report a profit or loss for Fiscal Year 2026?

InnSuites Hospitality Trust reported a Fiscal 2026 loss before non-cash expenses and income tax of ($307,188). According to InnSuites Hospitality Trust, this compares to a loss of ($476,836) in Fiscal 2025, indicating an improved underlying operating result.

What diversification and reverse merger opportunities is InnSuites Hospitality Trust (IHT) exploring?

InnSuites Hospitality Trust is exploring diversification, potentially including a reverse merger, energy investments, and independent hotel services. According to InnSuites Hospitality Trust, a reverse merger is currently of high interest and could leverage IHT’s NYSE American listing for strategic combinations.

How does UniGen Power impact InnSuites Hospitality Trust (IHT) strategy and outlook?

UniGen Power is a clean energy investment that IHT views as offering substantial upside potential. According to InnSuites Hospitality Trust, increased electricity demand from data centers, electric vehicles, and AI may support UniGen’s cost-effective generation innovation and contribute to IHT’s diversification strategy.

What management changes occurred at UniGen Power related to InnSuites Hospitality Trust (IHT)?

On February 20, 2026, UniGen’s corporate officers and three of five directors resigned, leaving board control with James Wirth and Marc Berg. According to InnSuites Hospitality Trust, Wirth became Chairman, CEO, and President, and Berg became Vice Chairman, EVP, and Secretary/Treasurer.

How long has InnSuites Hospitality Trust (IHT) paid continuous dividends?

InnSuites Hospitality Trust reports 56 years of uninterrupted annual dividends, starting in 1971. According to InnSuites Hospitality Trust, the most recent dividend at the start of Fiscal 2027 extended this long-running dividend record, signaling ongoing commitment to shareholder distributions.

What is the Fiscal Year 2027 outlook for InnSuites Hospitality Trust (IHT)?

InnSuites Hospitality Trust projects Fiscal 2027 profit before non-cash items and improved hotel operating profits. According to InnSuites Hospitality Trust, expectations are supported by cost cutting, diversification efforts, and potential reverse merger opportunities, though economic and travel uncertainties remain a focus.