InnSuites Reports Q1 Profit with Record $2.2M Revenue and 85% Occupancy
IHT•InnSuites Hospitality Trust posted fiscal Q1 2027 net income of $74,702, $35,672 above last year, on record hotel revenues of $2.2 million with 85.37% occupancy and $88.23 RevPAR. The trust achieved a first four-month revenue record of $2.9 million and is exploring a reverse merger to increase equity.
1. Q1 Financial Performance
InnSuites recorded consolidated net income of $74,702 for fiscal Q1 2027, up $35,672 from the prior year, and delivered $307,326 of profit before depreciation and non-cash reward expenses. These results mark the third profitable quarter in the current fiscal cycle after significant non-cash charges.
2. Operational Metrics and Records
Hotel operations drove this performance with record Q1 revenue of $2.2 million, combined occupancy of 85.37%, and RevPAR of $88.23. May alone produced $652,786 in revenue, bringing the first four months’ total to $2.9 million—a new historic high for the trust.
3. Strategic Diversification and Reverse Merger
Management continues to explore a reverse merger to raise equity and drive growth. The trust holds a five-year option to repurchase IBC Hotels and has invested in UniGen Power, targeting prototype testing within two years under new leadership at the clean-energy subsidiary.
4. Dividend History and Outlook
IHT extended its continuous annual dividend streak to 56 years, reflecting confidence in its asset values, which sit below market on the books. With real estate uplifts, diversification prospects, and improving hotel margins, management projects sustained cash flow and shareholder returns.




