IHT HOTEL REVENUE CONTINUES TO GROW
IHT hotel operations were strong in the Fiscal Year ended January 31, 2024, and are contributing to a solid start in the current 2025 Fiscal First Quarter, with both the Tucson Hotel and Albuquerque Hotel achieving record results for the combined months of February and March, of the current Fiscal Year.
- IHT hotel operations were strong in the Fiscal Year ended January 31, 2024, and are contributing to a solid start in the current 2025 Fiscal First Quarter, with both the Tucson Hotel and Albuquerque Hotel achieving record results for the combined months of February and March, of the current Fiscal Year.
- These are all positive signs for InnSuites, as progress continues while the Travel Industry, and InnSuites Hospitality Trust (IHT) specifically, continue to grow and thrive.
- IHT holds convertible bonds and warrants that, when fully exercised, could result in IHT holding an approximate 20% or more ownership stake in UniGen.
- IHT management believes that due to real estate held on the books of IHT at book values believed to be significantly below current market value and due to the high clean energy diversification profit potential ahead, the IHT future looks bright.