PRSI•Portsmouth Square reported a FY26 net loss of $5.41 million, down from $9.11 million a year earlier, while hotel revenue increased about 20% to $55.8 million.
Average daily rate rose 16% to $253, and occupancy increased 3 percentage points to 95%, lifting revenue per available room about 20% to $239. Hotel operating expenses rose to $43.27 million from $37.63 million, while segment income increased to $12.52 million.
Cash from operations was $3.9 million, compared with cash used of $2.15 million a year earlier. Cash and equivalents ended the period at $4.98 million.
