IHT Q1 HOTEL REVENUES EXCEED $2.2 MILLION; IBC MANAGEMENT OBTAINED

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[{"type":"image","alt":"InnSuites Hospitality Trust","displaySize":"","headline":null,"caption":"InnSuites Hospitality Trust","className":"","disableSlideshowImg":false,"size":{"original":{"width":287,"height":89,"url":"https://media.zenfs.com/en/globenewswire.com/e4d8c1b1f8d27855fe2d44317df34d3a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RXCVG0PpbtWcq4SHPNcPuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEzMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e4d8c1b1f8d27855fe2d44317df34d3a","width":287,"height":89}},"lazy":false},{"type":"text","content":"Phoenix, AZ, June 20, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $2 million once again in the First Fiscal Quarter of 2026, (February 1, 2025, to April 30, 2025), with Total Revenue of approximately $2.2 million.","length":285,"tagName":"p"},{"type":"text","content":"Consolidated Net Income before non-cash depreciation expense was $221,330 for the 2026 First Fiscal Quarter ended April 30, 2025 (February 1, 2025, through April 30, 2025). Total Consolidated Fiscal First Quarter Net Income remained positive, at $39,030.","length":254,"tagName":"p"},{"type":"text","content":"IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025, and are contributing to a solid start in the current 2026 Fiscal Year. Combined Hotel May Revenue for both hotels was a notable $632,584, which has led to another remarkable Hotel Revenue amount of $2,838,347 for the first four Fiscal Months of Fiscal Year 2026. These are positive signs for InnSuites, as progress continues strong, while the Travel Industry in general, flattens.","length":461,"tagName":"p"},{"type":"text","content":"InnSuites Hospitality Trust (IHT), in late 2019, made a diversification investment in new development privately held UniGen Power, Inc. (UniGen), a company developing a patented, high profit potential, efficient clean energy generation innovation. With the continued strong demand from data centers, and added influx and popularity of electric cars, as well as growing projections for artificial intelligence, demand for electricity over the next five years is projected to approximately double. IHT holds convertible bonds and warrants that, if fully exercised, could result in IHT holding an approximately up to 15-20% or more ownership stake in UniGen.","...

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