Lightstone Value Plus REIT IV, Inc. reported first-quarter 2026 results with hotel revenues of $4.99M and a net loss attributable to the company’s common shares of ($2.79M), or ($0.34) per diluted share, modestly improved versus the prior-year quarter.
Financial Highlights
MetricCurrent quarterPrior year quarterYoY changeRevenue¹$4.99M$5.09M(1.9%)Net income²($2.79M)($2.94M)5.2%Diluted EPS³($0.34)($0.36)5.6%¹ Reported as “Hotel revenues”. ² Reported as “Net loss attributable to Company’s common shares”. ³ Reported as “Net loss per Company’s common shares, basic and diluted”.
Business Highlights
- Hotel performance improved at the Williamsburg Moxy, where occupancy rose to 87% in Q1 2026 and RevPAR increased to $168.59, indicating stronger demand.
- Revenue mix shifted with room revenue rising year over year while food & beverage declined, attributed to guest mix and timing of F&B recovery.
- Management rebuilt and reopened a fire-damaged F&B venue (incident in Dec 2024); insurance recovery is expected to help offset the prior interruption.
- The company continues to focus on development-related real estate investments and active portfolio management.
Original SEC Filing:
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