InnSuites Hospitality Trust (IHT) Q4 2026 earnings summary

Executive summary

• FY2026 revenue was nearly flat at $7.567M; both hotels reported record revenue and near-record or record GOP, while consolidated net loss remained $1.391M.

• Occupancy improved, but lower ADR reduced combined RevPAR; cost control helped reduce operating expenses.

• Priorities include hotel sales within 36 months, growing clean-energy and independent-hotel services investments, and pursuing a potential reverse merger.

Financial highlights

• Revenue was $7.567M, down $26K, or less than 1%, YoY; room revenue was $7.254M, down 1%.

• Operating expenses fell $209K to $8.127M; operating loss improved to $560K from $743K.

• Consolidated net loss was $1.391M versus $1.392M; results included a $223K UniGen impairment charge and a $209K Best Western rewards credit.

• Cash used in operating activities was $11K, versus $1.059M in FY2025; ending cash was $350K.

• Room revenue declined while food and beverage revenue rose 14% to $104K and other revenue increased 26% to $210K, mainly from guest fees.

Outlook and guidance

• FY2027 outlook calls for stable-to-improving profitability, high occupancy, modest room-rate increases, and continued cost control; economic uncertainty could interrupt demand.

• First two FY2027 months generated combined hotel revenue of $1.6M, a record for that period; management expects solid results to continue.

• One or both hotels are targeted for sale within 36 months; no assurance was given on timing, price, or completion.

• UniGen engineering was reported 61% complete; further capital raising and development progress are expected to determine investment potential.