IHT DECLARES 55TH CONSECUTIVE ANNUAL DIVIDEND AS RECORD REVENUES SURGE
10 Janeiro 2025 - 7:27PM
InnSuites Hospitality Trust (NYSE American: IHT) On January 8,
2024, the Board of Trustees of InnSuites Hospitality Trust (NYSE
Am: IHT), announced a semi-annual dividend of $0.01 per share
payable on February 5, 2025, to shareholders of record as of
January 24, 2025, extending an uninterrupted continuous 55-year
history of annual dividends. InnSuites Hotel operations continue to
remain strong, with a combined revenue total in December for the
two hotels of $505,422.
We are also pleased to report record revenues
for the two hotels combined, and project record hotel gross
operating profit for our IHT hotels for the 2025 Fiscal Year ending
January 31, 2025. In the 2025 Fiscal Year (February 1, 2024,
through January 31, 2025), total Revenues are anticipated to exceed
$7.5 million. The UniGen diversified efficient clean energy
investment continues progress, while seeking additional funding.
IHT is also pursuing other potential diversification investment
opportunities, as well.
For more information, visit
www.innsuitestrust.com and www.innsuites.com.
Forward-Looking Statements
With the exception of historical information,
matters discussed in this news release may include “forward-looking
statements” within the meaning of the federal securities laws. IHT
expressly disclaims any obligation to update any forward-looking
statement contained in this news release to reflect events or
circumstances that may arise after the date hereof, all of which
are expressly qualified by the foregoing, other than as required by
applicable law.
FOR FURTHER INFORMATION:Marc
Berg, Executive Vice President 602-944-1500 email:
mberg@innsuites.com
INNSUITES HOSPITALITY CENTRE1730 E. NORTHERN
AVENUE, #122Phoenix, Arizona 85020Phone: 602-944-1500
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