IHT FISCAL FIRST THREE QUARTER HOTEL REVENUES EXCEED $5.8 MILLION; IBC DIVERSIFICATION GAINS MOMENTUM

Phoenix, AZ, Dec. 15, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $5.8 million once again in the First Three Fiscal Quarters of 2026, (February 1, 2025, to October 31, 2025), with Total Revenue of approximately $5,809,673.

Consolidated Net Income before the non-cash expense of depreciation and the non-cash Best Western Rewards Guest Vouchers expense, was approximately break-even at (-48,000), for the 2026 First Fiscal Three Quarters ended October 31, 2025 (February 1, 2025, through October 31, 2025).

IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025, and are contributing to a comparable 2026 Fiscal Year. Combined Hotel November Revenue for both hotels was the second highest combined November amount of approximately $550,000, which has led to a solid Hotel Revenue total of $6,309,673 for the first ten Fiscal Months of Fiscal Year 2026. These are positive signs for InnSuites, as progress continues strong, while the Travel Industry in general, remains flat.

RRF LLLP, the Management Company for IHT, has recently become the Management Company for InnDependent Boutique Collection (IBC Hotels, LLC). This is a new diversification opportunity, with IHT participating in the IBC revitalization.

In the process of ownership and management of branded and unbranded hotels, IHT recognized an unfulfilled need to provide hotel reservations, branding, and hotel services for global independent hotels, which at the time and still represent half the hotels in the world. In February 2014, IHT founded IBC Hotels, LLC to explore this unfulfilled opportunity, developing reservations, branding, and related hotel services doing business as “InnDependent Boutique Collection” (IBC Hotels). Early success in providing reservations for an IHT operated independent hotel was substantial. As this independent hotel services opportunity and the size of this potential demand was increasingly recognized in the travel industry, IBC Hotels was sold in August 2018 to a foreign hotel company planning expansion of independent hotel reservations and services internationally.