InnSuites Hospitality Trust reports doubled net profit year-over-year amid strong occupancy and RevPAR growth.
InnSuites Hospitality Trust posted a fiscal 2027 Q1 net income of $74,702, up from $39,030 in the same period last year. The increase follows a record quarterly hotel revenue of approximately $2.2 million.
Occupancy rose to 85.37%, while revenue per available room (RevPAR) climbed to $88.23. The company continues its review of a potential reverse merger, though no updates were provided in the release.
Shares showed limited movement in after-hours trading following the announcement.